ConocoPhillipsCOP
Mentioned
Impact on stocks 3
Energy
ConocoPhillips
Chevron CorpCVX
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Consumer Discretionary
Williams-Sonoma IncWSM
▲ PositiveDemandCapitalrelevance
Comparable brand revenue up 6.2% and raised full-year guidance.
Williams-Sonoma reported stronger demand across all major brands in fiscal 2026's second quarter, with comparable brand revenue up 6.2% and net revenue up 6.7% to $1.96 billion, but its non-GAAP operating margin fell 60 basis points to 17.3%. The company adjusted for $167.8 million in tariff-refund income, a $47.5 million provision for vendor reimbursements, and a $10 million employee recognition cost to arrive at that margin. Pottery Barn comparable revenue grew 5.1%, West Elm rose 6.4%, Williams Sonoma increased 7.6%, and Pottery Barn Kids and Teen advanced 3.5%. Williams-Sonoma raised its fiscal 2026 guidance to net-revenue growth of 4.7% to 7.2% and comparable brand revenue growth of 4.0% to 6.5%, while expecting a non-GAAP operating margin of 17.8% to 18.2% for the full year. The company ended the quarter with about $1.03 billion in cash and generated $696 million in operating cash flow during the first half.
ConocoPhillipsChevron CorpWilliams-Sonoma IncComparable brand revenue up 6.2% and raised full-year guidance.