Williams-Sonoma's Q2 revenue rises more than expected
WSM•Outlook
- Williams-Sonoma raises FY 2026 net revenue growth outlook to 4.7%-7.2%
- Company sees FY 2026 comparable brand revenue growth of 4.0%-6.5%
- Williams-Sonoma expects FY 2026 non-GAAP operating margin of 17.8%-18.2%
Result drivers
- Tariff refunds - Co said gross margin benefited from IEEPA tariff refunds, net of vendor concessions
- Supply chain efficiencies - Co said supply chain efficiencies contributed to gross margin improvement
- Employment expense leverage - Co said SG&A rate improved due to employment expense leverage, net of one-time tariff-related employee recognition cost
Analyst coverage
- The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 13 "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the home furnishings retailers peer group is "buy"
- Wall Street's median 12-month price target for Williams-Sonoma Inc is $244.00, about 3.9% above its August 25 closing price of $234.74
- The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 19 three months ago
Related News
Daré Bioscience posts Phase 1 data showing topical sildenafil cream well tolerated in postmenopausal women
DARE•
Smith-Midland wins $2.2 million SlenderWall contract for U.S. Coast Guard clinic project in Charleston, South Carolina
SMID•
