Williams-Sonoma profit surges 28% in Q2
SAN FRANCISCO— Williams-Sonoma reported Tuesday that profit for the second quarter surged 28% to $39 million, citing online strength and international sales for the improved performance. The company reported GAAP diluted earnings per share of 38 cents compared with 28 cents for the same period last year.
Revenue rose 5% to $815 million.
The company has raised its outlook and expects total net revenues to be between $845 and $865 million.
“As we look forward to Q3, we believe that our innovative merchandising strategies, multi-channel marketing reach, strong value proposition, and superior customer service will allow us to continue to deliver leading results in the home furnishings category,” said Laura Alber, president and CEO.