WSM - Williams-Sonoma Non-GAAP EPS of $2.64 revenue of $1.76B
2023-05-23 09:37:09 ET
- Williams-Sonoma press release ( NYSE: WSM ): Q1 Non-GAAP EPS of $2.64.
- Revenue of $1.76B (-6.9% Y/Y).
- Outlook : In fiscal 2023, we expect net revenue growth in the range of -3% to +3% with an operating margin between 14% to 15%; In the long-term, we expect mid-to-high single-digit annual net revenue growth with operating margin above 15%.
- Comparable brand revenue declined 6.0% with a 2-year comp growth of 3.5% and a 4-year comp growth of 46.5%.
- Delivered a gross margin of 38.5%, or 38.6% on a non-GAAP basis, deleveraging 520bps on a non-GAAP basis
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Williams-Sonoma Non-GAAP EPS of $2.64, revenue of $1.76B