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Williams-Sonoma reports strong Q2 earnings, raises sales outlook, but stock dips slightly.
Williams-Sonoma reported a strong fiscal second-quarter with revenue of $1.84 billion, a 2.7% increase from last year, and earnings per share of $2.00, beating estimates.
Despite positive results, the company’s stock fell slightly.
Williams-Sonoma raised its full-year sales outlook, expecting a net revenue growth of 0.5% to 3.5%, reflecting improved sales trends.
The company also announced store closures, now operating 509 stores, aiming to boost profitability amid declining physical retail demand.
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Williams-Sonoma reporta fuertes ganancias del segundo trimestre, eleva las perspectivas de ventas, pero las acciones bajan ligeramente.