Williams-Sonoma Inc (NYSE:WSM)
$ 152.54 +1.35 (+0.89%) Market Cap: 18.84 Bil Enterprise Value: 18.97 Bil PE Ratio: 17.36 PB Ratio: 8.77 GF Score: 80/100
Back to the Transcripts List

Q4 2024 Williams-Sonoma Inc Earnings Call Transcript

Mar 19, 2025 / 02:00PM GMT
Release Date Price: $166.27 (-3.49%)

Key Points

Positve
  • Williams-Sonoma Inc (WSM) reported a positive 3.1% comp in Q4, outperforming the industry decline of 2%.
  • The company achieved a record annual operating margin of 17.9% for 2024, with full-year earnings per share of $8.50.
  • Strong performance in both retail and online channels, with retail stores delivering a positive 7% comp in Q4.
  • Williams-Sonoma Inc (WSM) successfully leveraged supply chain efficiencies and cost control to exceed profitability estimates.
  • The company is optimistic about 2025, focusing on brand growth, innovative product offerings, and strategic partnerships to drive sales.
Negative
  • The housing market remains a challenge, with no significant improvement expected in 2025.
  • Tariffs on China, Mexico, and Canada, as well as on metals and aluminum, are expected to impact operating margins.
  • E-commerce comp was only positive 1.3% in Q4, indicating slower growth compared to retail stores.
  • Full-year comp for 2024 was negative 1.6%, reflecting challenges in the furniture segment.
  • The macroeconomic and geopolitical environment remains unpredictable, posing potential risks to future performance.
Operator

Welcome to the Williams-Sonoma, Inc fourth quarter and fiscal year 2024 earnings conference call. (Operator Instructions). I would now like to turn the call over to Jeremy Brooks, Chief Accounting Officer, and Head of Investor Relations. Please go ahead.

Jeremy Brook
Williams-Sonoma Inc - Chief Accounting Officer and Head of Investor Relations,

Good morning and thank you for joining our fourth quarter earnings call. Before we get started, I'd like to remind you that during this call, we will make forward-looking statements with respect to future events and financial performance, including annual guidance for fiscal '25 and our long-term outlook.

We believe these statements reflect our best estimates. However, we cannot make any assurances these statements will materialize, and actual results may differ significantly from our expectations. The company undertakes no obligation to publicly update or revise any of these statements to reflect events or circumstances that may arise after today's call.

Additionally, we will refer to certain non

Already have an account? Log in
Get the full story
Start 7-Day Free Trial
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2025 GuruFocus.com, LLC. All Rights Reserved.