Company Earnings UpdateWilliams-Sonoma (NYSE: WSM) 2Q19 Results: Sales Beats Consensus; Raises 2019 Guidance and Reiterates Long-term Financial Targets Coresight Research August 30, 2019 Executive Summary Williams-Sonoma reported fiscal 2Q19 revenues of $1.37 billion, up 7.5% year over year, beating the StreetAccount estimate. Adjusted earnings per share (EPS) were $0.87, up 13.0% from the year-ago period and ahead of the consensus estimate of $0.83. Comparable sales accelerated 6.5% versus the consensus estimate of a 3.3% increase, and up from the year-ago period of a 4.6% increase. For the full fiscal year, the company raised its revenue guidance to $5.74-5.90 billion and EPS to $4.60-4.80, from $5.67-5.84 billion and $4.55-4.75, respectively. The company reiterated its long-term financial targets of net revenue growth of mid to high single digits. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Earnings Insights 1Q25, Week 2: Adidas, CVS, Sprouts and More Report Solid Sales Growth—InfographicThree Data Points We’re Watching This Week, Week 33: US Consumers’ Tariff PerceptionsHigh Hopes—Heightened Economic Optimism Entering the New Year: US Consumer Survey InsightsThree Data Points We’re Watching This Week, Week 20: Cross-Border Players Don’t Prevent Amazon Reaching New Highs in Apparel
