Williams-Sonoma (WSM)

[MCArmel1]

Williams-Sonoma EPS in-line, misses on revenue

Mar 18 2015, 16:17 ET | About: Williams-Sonoma Inc. (WSM) | By: Jignesh Mehta, SA News Editor

Williams-Sonoma (NYSE:WSM): Q4 EPS of $1.52 in-line.
Revenue of $1.54B (+4.8% Y/Y) misses by $30M.
Shares -2%.
Press Release

http://seekingalpha.com/news/2378256-williams-sonoma-eps-in-line-misses-on-revenue?auth_param=ano5b:1agjncg:3f93123ea2759f1df79bea412b671cda&uprof=45#email_link


Williams-Sonoma, Inc. announces fourth quarter and fiscal year 2014 results
Wed March 18, 2015 4:10 PM|Business Wire | About: WSM

FY 14 net revenues reach $4.7 billion with 7.1% comparable brand revenue growth
FY 14 GAAP EPS grows 15% to $3.24; FY 14 non-GAAP EPS grows 13% to $3.20
FY 14 e-commerce grows 12% to $2.4 billion with a 23.6% operating margin

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the fourth fiscal quarter of 2014 (Q4 14) and fiscal year 2014 (FY 14) ended February 1, 2015 versus the fourth fiscal quarter of 2013 (Q4 13) and fiscal year 2013 (FY 13) ended February 2, 2014.

4th QUARTER 2014 RESULTS

Q4 14 net revenues grew 5.2% to $1.542 billion versus $1.466 billion in Q4 13 with comparable brand revenue growth of 5.1%.

Q4 14 operating margin increased to 15.4% versus 14.8% in Q4 13. Excluding unusual business events, Q4 14 non-GAAP operating margin was 14.9%. (See Exhibit 1 for a reconciliation of GAAP to non-GAAP operating margin).

Q4 14 diluted earnings per share (EPS) grew 13.8% to $1.57 from $1.38 in Q4 13. Excluding unusual business events, Q4 14 non-GAAP EPS increased 10.1% to $1.52. (See Exhibit 1 for a reconciliation of GAAP to non-GAAP EPS).

FISCAL YEAR 2014 RESULTS

FY 14 net revenues grew 7.1% to $4.699 billion versus $4.388 billion in FY 13 with comparable brand revenue growth of 7.1%.

FY 14 operating margin increased to 10.7% versus 10.3% in FY 13. Excluding unusual business events, FY 14 non-GAAP operating margin increased to 10.5% versus 10.4% in FY 13. (See Exhibit 1).

FY 14 EPS grew 14.9% to $3.24 from $2.82 in FY 13. Excluding unusual business events, FY 14 non-GAAP EPS grew 12.7% to $3.20 from $2.84 in FY 13. (See Exhibit 1).

Cash returned to stockholders in FY 14 totaled $350 million, comprising $224 million in stock repurchases and $126 million in dividends.

More...

http://seekingalpha.com/pr/12872396-williams-sonoma-inc-announces-fourth-quarter-and-fiscal-year-2014-results