The company reported net revenues of $2,278,937 thousand ($2,453,079 thousand a year earlier) and operating income of $458,091 thousand, an operating margin of 20.1%, for the 13-week period ended January 28, 2024 and Q4. Comparable brand revenue was -6.8%.

1. 01

   The company reported net revenues of $2,278,937 thousand ($2,453,079 thousand a year earlier) and operating income of $458,091 thousand, an operating margin of 20.1%, for the 13-week period ended January 28, 2024 and Q4. Comparable brand revenue was -6.8%.

2. 02

   The company reported fiscal 2023 full-year net revenues of $7,750,652 thousand, GAAP operating income of $1,244,193 thousand (an operating margin of 16.1%), and diluted EPS of $14.55. Non-GAAP operating income was $1,270,440 thousand (16.4%), and non-GAAP diluted EPS was $14.85. The fiscal year ended on January 28, 2024.

3. 03

   Williams-Sonoma said net cash provided by operating activities for fiscal 2023 was $1,680,273 thousand. It returned $313,001 thousand through stock repurchases and $232,475 thousand through dividends. Cash and cash equivalents at year-end were $1,262,007 thousand.

4. 04

   The company said it is raising its quarterly dividend by 26% ($0.23 per share) to $1.13, and its board approved a new $1 billion stock repurchase authorization. The company also gave its fiscal 2024 outlook for annual net revenue growth of -3% to +3% and an operating margin of 16.5% to 16.8%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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