Williams-Sonoma Raises Quarterly Dividend 15% to $0.76, Projects Up to 6.7% Revenue Growth
Williams-Sonoma’s board approved a 15% quarterly dividend increase to $0.76 per share, marking 17 consecutive years of hikes and a $1.2 billion total return through buybacks and dividends in fiscal 2025. The company reported Q4 revenues of $2.36 billion, a 46.9% gross margin and guided 2026 revenue growth of 2.7%–6.7%.
1. Dividend Increase and Shareholder Returns
The board authorized a 15% rise in the quarterly dividend to $0.76 per share, payable May 22, marking the 17th straight annual increase; in fiscal 2025, Williams-Sonoma delivered nearly $1.2 billion in combined stock buybacks and dividend payments.
2. Q4 Financials and Liquidity Position
In the 13-week period ended Feb. 1, net revenues declined to $2.36 billion from $2.46 billion a year earlier, while gross margin reached 46.9% and EPS was $3.04; the company maintained $1 billion in cash and generated $1.3 billion in operating cash flow.
3. Fiscal 2026 Guidance and Long-Term Outlook
For fiscal 2026, Williams-Sonoma projects net revenue growth of 2.7%–6.7%, with long-term expectations of mid- to high-single-digit annual revenue gains and operating margins in the mid- to high-teens, supported by its diversified brand portfolio and channel execution strategies.