Thursday, March 21, 2019

Williams-Sonoma Q4 earnings beat Street; West Elm, online surges

Chain Store Age
Williams-Sonoma Inc. raised its dividend by nearly 12% and increased its share buyback program amid strong fourth-quarter earnings and continued momentum in its West Elm division and online sales.

Revenue rose 9.3% to $1.8 billion, in line with expectations. E-commerce net revenue grew 14.3% and accounted for 54.6% of total company net revenues during Q4.. . . more