Williams-Sonoma, Inc. declares quarterly cash dividend

Rhea-AI Summary

Williams-Sonoma, Inc. (NYSE: WSM) has declared a quarterly cash dividend of $0.78 per common share, payable on February 24, 2023, to stockholders of record as of the close of business on January 20, 2023. The company emphasizes its position as a leading digital-first, design-led home retailer with a commitment to sustainability.

Williams-Sonoma's diverse brand portfolio includes Williams Sonoma, Pottery Barn, and West Elm, with a strong focus on Environmental, Social, and Governance (ESG) efforts.

Positive

• Quarterly dividend of $0.78 per share demonstrates financial stability and shareholder return.

Negative

• None.

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) announced today that its Board of Directors has declared a quarterly cash dividend of $0.78 per common share. The dividend is payable on February 24, 2023, to stockholders of record as of the close of business on January 20, 2023.

ABOUT WILLIAMS-SONOMA, INC.

Williams-Sonoma, Inc. is the world’s largest digital-first, design-led and sustainable home retailer. The company’s products, representing distinct merchandise strategies — Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home, Rejuvenation, and Mark and Graham — are marketed through e-commerce websites, direct-mail catalogs and retail stores. These brands are also part of The Key Rewards, our free-to-join loyalty program that offers members exclusive benefits across the Williams-Sonoma family of brands. We operate in the U.S., Puerto Rico, Canada, Australia and the United Kingdom, offer international shipping to customers worldwide, and have unaffiliated franchisees that operate stores in the Middle East, the Philippines, Mexico, South Korea and India, as well as e-commerce websites in certain locations. We are also proud to be a leader in our industry with our Environmental, Social and Governance (“ESG”) efforts. Our company is Good By Design — we’ve deeply engrained sustainability into our business. From our factories to your home, we’re united in a shared purpose to care for our people and our planet.

For more information on our ESG efforts, please visit: https://sustainability.williams-sonomainc.com/

WSM-DIV

View source version on businesswire.com: https://www.businesswire.com/news/home/20221215005247/en/

Jeff Howie

EVP, Chief Financial Officer

(415) 402-4324

-or-

Brian Yee

SVP, Treasury – Corporate Finance

(415) 402-4085

Source: Williams-Sonoma, Inc.

FAQ

What is the dividend amount announced by Williams-Sonoma (WSM)?

The announced dividend amount is $0.78 per common share.

When will the dividend for WSM be paid?

The dividend will be payable on February 24, 2023.

What is the record date for the WSM dividend?

The record date for the dividend is January 20, 2023.

What is Williams-Sonoma's approach to sustainability?

Williams-Sonoma is committed to sustainability with its 'Good By Design' initiative, integrating environmental efforts into its business practices.