Williams-Sonoma IncWSM
▲ PositiveCapitalrelevance
Beats Q2 estimates and raises annual guidance, with strong earnings and margin expansion.
Impact on stocks 1
Consumer Discretionary
Williams-Sonoma IncWilliams-Sonoma (NYSE:WSM) beat Wall Street's revenue expectations in Q2 CY2026, with sales up 6.7% year on year to $1.96 billion, and non-GAAP profit of $2.10 per share, 1.2% above consensus. The company raised its annual outlook, citing broad-based growth across all brands and channels, successful product collaborations, and supply chain improvements. CEO Laura Alber highlighted strength in both DTC and retail, with positive comps in furniture and non-furniture, and noted the company is gaining market share in a flat industry. Management also pointed to AI-driven tools like the Otto shopping assistant for Pottery Barn and Oliver for Williams Sonoma, which boosted engagement and conversion, with Oliver generating a 620% increase in revenue from assisted interactions. The B2B segment grew 14.5%, and all major banners posted positive comparable sales. The company's operating margin expanded to 22.9% from 17.9% a year ago, and it ended the quarter with 508 locations.
Williams-Sonoma IncBeats Q2 estimates and raises annual guidance, with strong earnings and margin expansion.