Williams-Sonoma (NYSE: WSM) 4Q18 Results: Beats on Revenues, Comps in Line, Guides for 2019 EPS Above Consensus
- Williams-Sonoma reported 4Q18 revenues of $1.84 billion, up 9.3%. Adjusted EPS was $2.10, up 25.3% and ahead of the $1.96 consensus estimate.
- Comps increased 2.4%, in line with consensus, driven by West Elm, whose comps increased 11.1%.
- The company guided for 2019 revenues of $5.67-5.84 billion, a comp increase of 2-5%, and adjusted EPS of $4.50-4.70, above the $4.44 consensus estimate.