Williams-Sonoma: Q1 Earnings Insights

Williams-Sonoma (NYSE:WSM) reported its Q1 earnings results on Tuesday, May 23, 2023 at 09:00 AM. Here’s what investors…

Williams-Sonoma (NYSE:WSM) reported its Q1 earnings results on Tuesday, May 23, 2023 at 09:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Williams-Sonoma beat estimated earnings by 11.39%, reporting an EPS of $2.64 versus an estimate of $2.37.

Revenue was down $116.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 2.58% drop in the share price the next day.

Here’s a look at Williams-Sonoma’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 5.46 3.71 3.49 2.88
EPS Actual 5.50 3.72 3.87 3.50
Revenue Estimate 2.60B 2.15B 2.02B 1.81B
Revenue Actual 2.45B 2.19B 2.14B 1.89B

To track all earnings releases for Williams-Sonoma visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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