Tuesday, September 22, 2015 12:46:44 AM
Aug 26 2015, 16:16 ET | About: Williams-Sonoma Inc. (WSM) | By: Jignesh Mehta, SA News Editor
Williams-Sonoma (NYSE:WSM): Q2 EPS of $0.58 in-line.
Revenue of $1.13B (+8.7% Y/Y) beats by $20M.
Press Release
http://seekingalpha.com/news/2747536-williams-sonoma-eps-in-line-beats-on-revenue?uprof=45#email_link
Williams-Sonoma, Inc. announces second quarter 2015 results Net revenues grow 8.5%, with comparable brand revenue growth of 6.3% and diluted EPS of $0.58
Wed August 26, 2015 4:10 PM|Business Wire | About: WSM
SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the second fiscal quarter ended August 2, 2015 (Q2 15) versus the second fiscal quarter ended August 3, 2014 (Q2 14).
2nd QUARTER 2015 RESULTS
Q2 15 net revenues grew 8.5% to $1.127 billion versus $1.039 billion in Q2 14, with comparable brand revenue growth of 6.3%.
Q2 15 operating margin was 7.4% versus 8.2% in Q2 14.
Q2 15 diluted earnings per share (EPS) was $0.58 versus $0.53 in Q2 14.
Cash returned to stockholders totaled $104.5 million, comprising $72.4 million in stock repurchases and $32.1 million in dividends.
Laura Alber, President and Chief Executive Officer, commented, We are pleased to have delivered another quarter of solid performance, once again demonstrating the competitive advantage from our multi-brand, multi-channel, business model. As anticipated, during the quarter, we incurred incremental supply chain costs primarily associated with the west coast port disruption to restore our in-stock inventory levels, allowing us to provide superior long-term customer service. We are focused on disciplined execution against our strategic growth initiatives.
Net revenues increased to $1.127 billion in Q2 15 from $1.039 billion in Q2 14.
Comparable brand revenue growth in Q2 15 increased 6.3% on top of 5.7% in Q2 14 as shown in the table below:
More...
http://seekingalpha.com/pr/14509016-williams-sonoma-inc-announces-second-quarter-2015-results-net-revenues-grow-8_5-percent-with-comparable-brand-revenue-growth-of-6_3-percent-and-diluted-eps-of-0_58
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