Williams-Sonoma Inc. Announces Revenues for the October 29, 2012 - December 30, 2012; Reiterates Earnings Guidance for the Fourth Quarter and Fiscal Year of 2012
January 16, 2013 at 04:05 pm EST
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Williams-Sonoma Inc. announced revenues for the October 29, 2012 - December 30, 2012. For the period, the company's net revenues increased 4.8% to $1.014 billion versus the comparable last year nine-week holiday period ended January 1, 2012. Comparable brand revenues increased 4.4%.
As overall financial performance was within range of expectations for the holiday period, the company is reiterating the financial guidance that it provided for the fourth quarter and fiscal year 2012 in November 14, 2012 earnings release.
Williams-Sonoma, Inc. is an omni-channel specialty retailer for home products. Its brands include 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 Company's loyalty and credit card program that offers members benefits across the Williams-Sonoma family of brands. Williams Sonoma products include everything for cooking, dining and entertaining, including cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture and a library of cookbooks. The brand also includes Williams Sonoma Home that offers home furnishings and decorative accessories. Pottery Barn is an omnichannel home furnishings retailer. It operates 518 stores, which include 480 stores in 40 states, Washington, D.C. and Puerto Rico, 19 stores in Canada, 17 stores in Australia and two stores in the United Kingdom.
Williams-Sonoma Inc. Announces Revenues for the October 29, 2012 - December 30, 2012; Reiterates Earnings Guidance for the Fourth Quarter and Fiscal Year of 2012
WILLIAMS-SONOMA, INC. 
