Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,424.85 162.29 1.00%
S&P 500 1,862.31 19.33 1.05%
NASDAQ 4,086.22 52.06 1.29%
Ticker Volume Price Price Delta
STOXX 50 3,139.26 47.74 1.54%
FTSE 100 6,584.17 42.56 0.65%
DAX 9,317.82 144.11 1.57%
Ticker Volume Price Price Delta
NIKKEI 14,431.19 13.51 0.09%
TOPIX 1,166.33 -0.22 -0.02%
HANG SENG 22,771.71 75.70 0.33%

Williams-Sonoma, Inc. Announces a 4.8% Increase in 2012 Holiday Sales and Reiterates Fourth Quarter and Fiscal Year Financial



  Williams-Sonoma, Inc. Announces a 4.8% Increase in 2012 Holiday Sales and
  Reiterates Fourth Quarter and Fiscal Year Financial Guidance

Business Wire

SAN FRANCISCO -- January 16, 2013

Williams-Sonoma, Inc. (NYSE: WSM) today announced that net revenues for the
nine-week holiday period (October 29, 2012 - December 30, 2012) increased 4.8%
to $1.014 billion versus the comparable last year nine-week holiday period
ended January 1, 2012. Comparable brand revenues increased 4.4%.

Laura Alber, President and Chief Executive Officer, commented, “Our holiday
performance reflects the strength of our brands in a period of consumer
uncertainty and intense promotional activity across the retail industry. As
our overall financial performance was within our range of expectations for the
holiday period, we are reiterating the financial guidance we provided for the
fourth quarter and fiscal year 2012 in our November 14, 2012 earnings release.
We will discuss our performance in detail during our fourth quarter and fiscal
year 2012 earnings call in March.”

Alber concluded, “Looking forward to fiscal 2013, we will continue to focus on
our strategies to drive sustainable, profitable growth and increase
shareholder value by growing our existing brands, developing new businesses,
and expanding globally, including the opening of our first Australian stores.
We will discuss our strategies and financial outlook for 2013 during our
earnings call in March.”

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements that involve risks and
uncertainties, as well as assumptions that, if they do not fully materialize
or prove incorrect, could cause our results to differ materially from those
expressed or implied by such forward-looking statements. Such forward-looking
statements include statements relating to our fourth quarter and fiscal year
2012 guidance and our strategies for fiscal 2013. The risks and uncertainties
that could cause our results to differ materially from those expressed or
implied by such forward-looking statements include the risk that we are not
able to meet our guidance or execute our strategies as expected. Other risks
and uncertainties are described more fully in our public announcements,
reports to stockholders and other documents filed with or furnished to the
SEC, including our Annual Report on Form 10-K for the fiscal year ended
January 29, 2012, and all subsequent quarterly reports on Form 10-Q and
current reports on Form 8-K. All forward-looking statements in this press
release are based on information available to us as of the date hereof, and we
assume no obligation to update these forward-looking statements.

ABOUT WILLIAMS-SONOMA, INC.

Williams-Sonoma, Inc. is a specialty retailer of high-quality products for the
home. These products, representing eight distinct merchandise strategies –
Williams-Sonoma (cookware and wedding registry), Pottery Barn (furniture and
wedding registry), Pottery Barn Kids (kids’ furniture and baby registry),
PBteen (girls’ bedding and boys’ bedding), West Elm (modern furniture and room
decor), Williams-Sonoma Home (luxury furniture and decorative accessories),
Rejuvenation (lighting and hardware) and Mark and Graham (personalized gifts
and gifts for the home) – are marketed through 584 stores, eight direct mail
catalogs and seven e-commerce websites. Williams-Sonoma, Inc. currently
operates in the United States and Canada, offers international shipping to
customers worldwide, and franchises its brands throughout Bahrain, the Kingdom
of Saudi Arabia, Kuwait, and the United Arab Emirates.

Contact:

WILLIAMS-SONOMA, INC.
Gabrielle L. Rabinovitch, 415-616-7727
Director, Investor Relations
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement