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August 28, 2014

Williams-Sonoma’s second quarter results may have met Wall Street expectations, but shares dropped nearly 12% as a result of the company’s weak guidance for the third quarter of fiscal 2014 — which will include earnings from most of the back-to-school season.

Williams-Sonoma’s second quarter results may have met Wall Street expectations, but shares dropped nearly 12% as a result of the company’s weak guidance for the third quarter of fiscal 2014 — which will include earnings from most of the back-to-school season.

For the quarter, the company posted net revenues of $1.04 billion, an almost 6% increase from $982 million a year ago. Total same-store sales increased 5.7%. Direct-to-customer revenues climbed 9.4%.

July 25, 2014

As part of its continued growth strategy, Williams-Sonoma made several organizational changes to its management team.

As part of its continued growth strategy, Williams-Sonoma made several organizational changes to its management team.

Chief marketing officer Pat Connolly has been elevated to chief strategy and business development officer. Connolly will work closely with senior management to refine the company’s long-term strategy, including the development of new businesses, and the evaluation and execution of acquisitions and alliances that can provide significant growth.

July 17, 2014

Williams-Sonoma has appointed Ronald R. Young SVP, global, as part of its strategy to grow the brand outside the United States.

Williams-Sonoma has appointed Ronald R. Young SVP, global, as part of its strategy to grow the brand outside the United States.

“Global expansion is one of our most important initiatives, and I’m pleased to have Ron Young, with his more than 30 years of experience in global markets, leading our continued growth,” said president and CEO Laura Alber. “Ron’s deep understanding of the global retail landscape, and his financial discipline are the ideal combination of skills and experience to lead our global strategy.”

May 22, 2014

Williams-Sonoma had a strong first quarter of fiscal 2014, with net income climbing 17% to a better-than-expected $46.16 million from $39.17 million.

Williams-Sonoma had a strong first quarter of fiscal 2014, with net income climbing 17% to a better-than-expected $46.16 million from $39.17 million.

Net sales grew 10% to $974.33 million from $887.8 million, also topping estimates.

Total same-store sales grew 10%. Williams-Sonoma credited much of its success during the quarter to market share gains and advantages conferred by its multichannel operations.

March 12, 2014

Williams-Sonoma president and CEO Laura Alber credited the strength of the company’s brands across retail and e-commerce for its performance in the fourth quarter ended Feb. 2.

Williams-Sonoma president and CEO Laura Alber credited the strength of the company’s brands across retail and e-commerce for its performance in the fourth quarter ended Feb. 2.

November 20, 2013

Home improvement retailers are reaping the rewards of a healthier housing market and so is Williams-Sonoma. The company reported strong third quarter results and raised its fourth quarter outlook as a result.

Home improvement retailers are reaping the rewards of a healthier housing market and so is Williams-Sonoma. The company reported strong third quarter results and raised its fourth quarter outlook as a result.

Comparable brand revenue growth in the quarter increased 8.2% on top of 8.5% in the year-ago quarter. The company saw revenue growth across all its brands, but results were primarily driven by West Elm, which saw revenue jump 22.2% compared to 13% last year, and PBteen, which saw revenue jump 16.7%, compared to 2% last year.

August 28, 2013

Specialty home products retailer Williams-Sonoma is reaping the rewards of a rebounding housing market this second quarter ended Aug. 4.

SAN FRANCISCO — Specialty home products retailer Williams-Sonoma is reaping the rewards of a rebounding housing market this second quarter ended Aug. 4.

The company’s net revenues grew 12.3% to $982 million versus $874 million in the year-ago quarter with comparable brand revenue growth of 8.4%, on top of 7.4% in the year-ago quarter.

July 8, 2013

David Jimenez was named SVP of visual and store experience at Williams-Sonoma to drive further growth and innovation at the operator of 587 upscale home goods stores.

David Jimenez was named SVP of visual and store experience at Williams-Sonoma to drive further growth and innovation at the operator of 587 upscale home goods stores.

In addition to the appointment of Jimenez, the company named three other executives to new leadership roles in the supply chain area.

June 14, 2013

Restoration Hardware Holdings has appointed former Williams-Sonoma brand president Richard Harvey as the company's CMO for RH Kitchen and Tableware.

CORTE MADERA, Calif. — Restoration Hardware Holdings has appointed former Williams-Sonoma brand president Richard Harvey as the company's CMO for RH Kitchen and Tableware.

Harvey spent 30 years at Williams-Sonoma, Inc., most recently as president of the Williams-Sonoma brand. In his new role, Harvey will develop a curated collection of kitchen furniture, appliances, lighting, cookware, tools and food.

March 20, 2013

Janet Hayes, currently the president of Pottery Barn Kids and PBteen, will become president of the Williams-Sonoma brand, effective March 20.

SAN FRANCISCO — Janet Hayes, currently the president of Pottery Barn Kids and PBteen, will become president of the Williams-Sonoma brand, effective March 20. She replaces Richard Harvey, who will be leaving the company on May 3, 2013, after 30 years of service.

March 19, 2013

Williams-Sonoma reported that fourth-quarter EPS grew 15% to $1.34 and that quarterly revenue grew to $1.406 billion versus $1.268 billion in 2011 with comparable brand revenue growth of 4%.

SAN FRANCISCO — Williams-Sonoma reported that fourth-quarter EPS grew 15% to $1.34 and that quarterly revenue grew to $1.406 billion versus $1.268 billion in 2011 with comparable brand revenue growth of 4%.

Fiscal 2012 EPS grew 14% to $2.54. Net revenues for the year grew to $4.043 billion versus $3.721 billion in FY 11 with comparable brand revenue growth of 6.1%.

November 12, 2012

Best Buy today announced that retired director, EVP, chief operating and CFO of Williams-Sonoma, Inc., Sharon McCollam, will join the company as its new chief administrative and CFO, effective Dec. 10, according to a Reuters report.

Minneapolis -- Best Buy today announced that retired director, EVP, chief operating and CFO of Williams-Sonoma, Inc., Sharon McCollam, will join the company as its new chief administrative and CFO, effective Dec. 10, according to a Reuters report. McCollam, 50, left Williams-Sonoma earlier this year after serving as an executive officer for more than 12 years.

McCollam succeeds CFO James Muehlbauer, whose departure was announced last month. Muehlbauer will leave the company at the end of this fiscal year, allowing for a smooth transition.

November 8, 2012

Williams-Sonoma has launched a new, direct-to-consumer brand, Mark and Graham, which specializes in personalized gifts and accessories.

SAN FRANCISCO — Williams-Sonoma has launched a new, direct-to-consumer brand, Mark and Graham, which specializes in personalized gifts and accessories.

The Mark and Graham line will feature home decor, small leather goods and seasonal items that can be personalized with a choice of more than 50 custom monograms and creative type treatments. The brand will offer its products through an exclusive direct mail catalog and an e-commerce website Markandgraham.com.

September 21, 2012

The single cup brewing trend as arrived at Williams-Sonoma in the form of the Starbucks’ deluxe Verismo System 585.

SAN FRANCISCO — The single cup brewing trend as arrived at Williams-Sonoma in the form of the Starbucks’ deluxe Verismo System 585.

According to the company, the Verismo System 585 is the first at-home premium single cup machine that makes Starbucks-quality espresso beverages and brewed coffee with the touch of a button. The system is available in the deluxe 585 or base 580 model online and will be available in stores beginning Sept. 28.

August 22, 2012

Williams-Sonoma is betting it can replicate its highly successful formula internationally, with the opening of new stores in Sydney, Australia.

SAN FRANCISCO — Williams-Sonoma is betting it can replicate its highly successful formula internationally, with the opening of new stores in Sydney, Australia.

July 27, 2012

Williams-Sonoma has promoted Julie Whalen, SVP, acting CFO, has been appointed EVP, CFO.

SAN FRANCISCO — Williams-Sonoma has promoted Julie Whalen, SVP, acting CFO, has been appointed EVP, CFO.

May 24, 2012

Williams-Sonoma Inc. reported that first-quarter profit dipped to $30.7 million, from $31.6 million last year, but results topped Wall Street estimates and the retailer has raised its full-year earnings forecast.

SAN FRANCISCO — Williams-Sonoma Inc. reported that first-quarter profit dipped to $30.7 million, from $31.6 million last year, but results topped Wall Street estimates and the retailer has raised its full-year earnings forecast.

Sales increased 6% to $817.6 million, also surpassing analysts’ estimates of $811.7 million. Same-store sales grew 5.4% overall, driven by strength from Pottery Barn (up 9.1%) and West Elm (up 22.1%).

May 22, 2012

Williams-Sonoma has appointed Anna Last, formerly editor-in-chief of Martha Stewart Living Omnimedia’s Everyday Food, SVP and executive creative director.

SAN FRANCISCO — Williams-Sonoma has appointed Anna Last, formerly editor-in-chief of Martha Stewart Living Omnimedia’s Everyday Food, SVP and executive creative director. Last will oversee all facets of the brand’s expression in the Williams-Sonoma catalog, on williams-sonoma.com and in the brand’s store environments.

May 22, 2012

Williams-Sonoma's net revenues increased 6.1% to $818 million from $771 million in the first quarter of fiscal 2011 ended May 1, 2011.

SAN FRANCISCO — Williams-Sonoma's net revenues increased 6.1% to $818 million from $771 million in the first quarter of fiscal 2011 ended May 1, 2011. Comparable brand revenue increased 5.4%. Diluted earnings per share was 30 cents versus 29 cents in the first quarter of 2011. On a non-GAAP basis, EPS for the quarter increased 13% to 34 cents versus 30 cents in the same period last year.

April 4, 2012

Williams-Sonoma is reaching out to customers who want to be more hands on with their food with the launch of a Agrarian, a collection of products that focuses on the virtues of homegrown and homemade.

SAN FRANCISCO — Williams-Sonoma is reaching out to customers who want to be more hands on with their food with the launch of a Agrarian, a collection of products that focuses on the virtues of homegrown and homemade.

March 8, 2012

Williams-Sonoma ended fiscal 2011 with revenue and earnings growth in its fourth quarter.

SAN FRANCISCO — Williams-Sonoma ended fiscal 2011 with revenue and earnings growth in its fourth quarter. The company reported that net revenues for the fourth quarter of 2011 increased 6.1% to $1.3 billion versus $1.2 billion in the fourth quarter of 2010. The company reported diluted earnings per share on a GAAP basis of $1.17 compared with $1.05 for the same period last year.

February 24, 2012

Williams-Sonoma is helping consumers create their dream kitchen with the launch of Cultivate.com.

SAN FRANCISCO — Williams-Sonoma is helping consumers create their dream kitchen with the launch of Cultivate.com. Offering information about kitchen design and remodeling in one destination, the website will feature advice from acclaimed kitchen experts, thousands of inspirational photos, recommendations for local kitchen professionals and unique planning tools, the company announced Friday.

January 23, 2012

Williams-Sonoma has announced that Mary Ann Casati and Lorraine Twohill have been elected to its board of directors.

SAN FRANCISCO — Williams-Sonoma has announced that Mary Ann Casati and Lorraine Twohill have been elected to its board of directors.

“We are excited to have Mary Ann and Lorraine join our board,” said Adrian Bellamy, chairman of the board of directors of Williams-Sonoma Inc. “These two individuals each bring a unique perspective and expertise that we believe will help shape the success of our company.”

January 12, 2012

Williams-Sonoma Inc. said Thursday it has cut its fiscal Q4 earnings outlook below Wall Street expectations due to heavy holiday promotions levels.

SAN FRANCISCO — Williams-Sonoma Inc. said Thursday it has cut its fiscal Q4 earnings outlook below Wall Street expectations due to heavy holiday promotions levels.

The company said it had to offer discounts to entice shoppers this holiday season. Although earnings guidance has been reduced to below expectations, Williams-Sonoma’s revenue outlook remains in line with Wall Street, trimmed to a range of $1.24 billion to $1.26 billion. The company had previously expected revenue as high as $1.27 billion.

November 18, 2011

Williams-Sonoma Inc. reported Thursday that profit for the third quarter rose 19% to $43.4 million, from $36.5 million in the same period last year.

SAN FRANCISCO — Williams-Sonoma Inc. reported Thursday that profit for the third quarter rose 19% to $43.4 million, from $36.5 million in the same period last year.

Revenue rose 6% to $867.2 million, compared with $815.5 million last year and solidly beating Wall Street’s expected $855.7 million in revenue.

Same-store sales overall rose 7.3%, comprised of a 7% rise in the company’s Pottery Barn stores, a 5.2% rise at Pottery Barn Kids and a 27% surge at West Elm. Same-store sales at namesake stores were up a slight 0.1%.