WILLIAMS-SONOMA, INC. NAMED TOP RETAILER ON TIME’S 2024 LIST OF AMERICA’S BEST MID-SIZED COMPANIES

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Williams-Sonoma, Inc. (NYSE: WSM) has been recognized as the top retailer on TIME Magazine's 2024 list of America's Best Mid-Sized Companies. The company ranked 17th overall out of 500 companies featured on this inaugural list, which highlights top-performing midsize businesses with revenue between $100 million and $10 billion.

The evaluation criteria included positive revenue growth, employee satisfaction, and sustainability transparency. TIME partnered with Statista to assess companies based on:

• Employee Satisfaction: Evaluating over 170,000 employees' feedback on working conditions, salary, and equality policies
• Revenue Growth: Assessing three-year growth data for companies meeting specific criteria
• Sustainability Transparency: Examining environmental, social, and corporate governance indicators

Laura Alber, President and CEO of Williams-Sonoma, Inc., expressed honor at the recognition, emphasizing the company's commitment to being a people-first organization focused on growth and shareholder value.

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM), the world’s largest digital-first, design-led and sustainable home retailer, announced today that the company was named as the top retailer on TIME Magazine’s 2024 list of America’s Best Mid-Sized Companies. The inaugural list features 500 top-performing, midsize companies with revenue between $100 million and $10 billion that are leading the way for American business. Williams-Sonoma, Inc. ranked as the 17^th company overall on the 2024 list out of the 500 companies that were included. Companies featured on the list were evaluated based on positive revenue growth, employee satisfaction, and sustainability transparency.

“We are honored to be named by TIME as one of America’s Best Mid-Sized Companies,” said Laura Alber, President and CEO of Williams-Sonoma, Inc. “This recognition acknowledges that Williams-Sonoma, Inc. is a people-first organization that is committed to driving growth and returning value to our shareholders.”

To compile the list of America’s Best Mid-Sized Companies, TIME partnered with Statista, a leading international provider of market and consumer data and rankings, to research top preforming mid-sized companies based on three primary dimensions:

• Employee Satisfaction - An evaluation of over 170,000 employees from U.S. companies over the last three years that addressed an employer’s image, atmosphere, working conditions, salary, and equality policies.
• Revenue Growth - An assessment of company growth data for the last three years that met certain criteria including revenue generation of at least $100 million but less than US $10 and positive revenue growth in the last three years.
• Sustainability Transparency - A comprehensive index derived from a collection of key performance indicators relating to environmental, social and corporate governance. For the environmental evaluation, this included the carbon emissions intensity and reduction rate, the social dimension assessed the share of women on the board of directors and the existence of a human rights policy. The governance dimension evaluated whether a company had a Corporate Social Responsibility report adhering to the Global Reporting Initiative guidelines and a compliance or anti-corruption guideline.

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, Mark and Graham, and GreenRow — are marketed through e-commerce websites, direct-mail catalogs and retail stores. These brands are also part of The Key Rewards, our loyalty and credit card 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 sustainability efforts. Our company is Good By Design — we’ve deeply ingrained 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 sustainability efforts, please visit: http://sustainability.williams-sonomainc.com

WSM-PR

View source version on businesswire.com: https://www.businesswire.com/news/home/20240805270800/en/

Kendall Coleman

Williams-Sonoma, Inc.

kacoleman@wsgc.com

415-616-7926

Source: Williams-Sonoma, Inc.

FAQ

What ranking did Williams-Sonoma (WSM) achieve on TIME's 2024 list of America's Best Mid-Sized Companies?

Williams-Sonoma (WSM) was named the top retailer and ranked 17th overall on TIME's 2024 list of America's Best Mid-Sized Companies.

What criteria were used to evaluate companies for TIME's 2024 list of America's Best Mid-Sized Companies?

Companies were evaluated based on positive revenue growth, employee satisfaction, and sustainability transparency. This included assessments of employee feedback, three-year revenue growth data, and various environmental, social, and governance indicators.

What revenue range was required for companies to be considered for TIME's 2024 list of America's Best Mid-Sized Companies?

Companies featured on the list had to have revenue between $100 million and $10 billion to be considered mid-sized companies.

How many companies were included in TIME's 2024 list of America's Best Mid-Sized Companies?

The inaugural list featured 500 top-performing, midsize companies.

Who partnered with TIME to compile the 2024 list of America's Best Mid-Sized Companies?

TIME partnered with Statista, a leading international provider of market and consumer data and rankings, to research and compile the list of top-performing mid-sized companies.