Williams-Sonoma, Inc. reported robust results for the second quarter of fiscal 2025, with comparable brand revenue rising 3.7% and operating margin expanding to 17.9%. Diluted earnings per share reached $2.00, up 19.8% year-on-year, prompting the company to raise its full-year net revenue outlook.
© Ken Wolter | Dreamstime
Laura Alber, President and Chief Executive Officer, stated the company delivered "strong results" driven by positive sales across both furniture and non-furniture categories and strong performance in retail and e-commerce channels.
Key highlights include a gross margin of 47.1%, up 220 basis points, SG&A expenses of $537 million, operating income of $328 million, and merchandise inventories of $1.4 billion, reflecting a strategic pull-forward to mitigate tariff impacts. Williams-Sonoma returned $280 million to shareholders through repurchases and dividends, with $903 million remaining under its stock repurchase programme.
The company expects fiscal 2025 net revenues to grow 0.5% to 3.5%, with comparable sales up 2.0% to 5.0%, maintaining operating margin guidance at 17.4% to 17.8%. Alber noted that the company's "portfolio of brands and omni-channel platform" continue to support growth, positioning Williams-Sonoma for future expansion across both retail and e-commerce markets.
Source: www.furninfo.com
