AI English summary of an SEC filing — figures as filed
Williams-Sonoma WSMThe company said it recorded net revenues of $2,462 million, operating income of $530 million (operating margin of 21.5%) and diluted earnings per share of $3.28 for the 14-week fourth quarter of 2024, which ended on February 2, 2025. The operating margin for the comparable 13-week period a year earlier was 20.1%.
Key points
AI summaryThe company said it recorded net revenues of $2,462 million, operating income of $530 million (operating margin of 21.5%) and diluted earnings per share of $3.28 for the 14-week fourth quarter of 2024, which ended on February 2, 2025. The operating margin for the comparable 13-week period a year earlier was 20.1%.
Williams-Sonoma said that net revenues for the 2024 fiscal year, which consisted of 53 weeks, were $7,712 million, operating income was $1.43 billion, and diluted earnings per share were $8.79. It said operating margin excluding the out-of-period freight adjustment $49 million benefit in Q1 was 17.9%. The company also estimated that the 53rd week contributed +20 basis points to operating margin.
The company said it returned about $1.1 billion to stockholders in fiscal 2024, including operating cash flow of $1.4 billion and cash of $1.2 billion, through stock repurchases of $807 million and dividends of $280 million. The remaining stock repurchase authorization is $1.2 billion.
Williams-Sonoma said it is raising its quarterly cash dividend by 16%, or $0.09, to $0.66 per share. It also gave an outlook for fiscal 2025 annual net revenue growth of -1.5% to +1.5% and operating margin of 17.4% to 17.8%.
Summary
AI-writtenAnalysis 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.
Q4 Net Revenues and Operating Income
The company said it recorded net revenues of $2,462 million, operating income of $530 million (operating margin of 21.5%) and diluted earnings per share of $3.28 for the 14-week fourth quarter of 2024, which ended on February 2, 2025. The operating margin for the comparable 13-week period a year earlier was 20.1%.
Source · Based on the filing body and exhibits
Annual Results and 53rd Week Impact
Williams-Sonoma said that net revenues for the 2024 fiscal year, which consisted of 53 weeks, were $7,712 million, operating income was $1.43 billion, and diluted earnings per share were $8.79. It said operating margin excluding the out-of-period freight adjustment $49 million benefit in Q1 was 17.9%. The company also estimated that the 53rd week contributed +20 basis points to operating margin.
Source · Based on the filing body and exhibits
Cash Flow and Shareholder Returns
The company said it returned about $1.1 billion to stockholders in fiscal 2024, including operating cash flow of $1.4 billion and cash of $1.2 billion, through stock repurchases of $807 million and dividends of $280 million. The remaining stock repurchase authorization is $1.2 billion.
Source · Based on the filing body and exhibits
Quarterly Dividend Increase and Fiscal 2025 Outlook
Williams-Sonoma said it is raising its quarterly cash dividend by 16%, or $0.09, to $0.66 per share. It also gave an outlook for fiscal 2025 annual net revenue growth of -1.5% to +1.5% and operating margin of 17.4% to 17.8%.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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