Williams-Sonoma (NYSE:WSM) issued its earnings results on Tuesday. The specialty retailer reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.07, RTT News reports. The firm had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.65 billion. Williams-Sonoma had a net margin of 5.94% and a return on equity of 25.45%. The business’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.55 earnings per share.
Shares of Williams-Sonoma (NYSE:WSM) traded up $0.96 during mid-day trading on Wednesday, reaching $53.70. 4,398,792 shares of the company’s stock were exchanged, compared to its average volume of 1,599,846. Williams-Sonoma has a twelve month low of $42.68 and a twelve month high of $55.89. The stock has a market capitalization of $4,381.32, a PE ratio of 15.24, a P/E/G ratio of 1.31 and a beta of 0.82.
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 25th. Shareholders of record on Friday, April 27th will be issued a dividend of $0.43 per share. This is a boost from Williams-Sonoma’s previous quarterly dividend of $0.39. This represents a $1.72 dividend on an annualized basis and a yield of 3.20%. Williams-Sonoma’s dividend payout ratio is currently 44.19%.
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Williams-Sonoma, Inc is a multi-channel specialty retailer of products for the home. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It operates through two segments: e-commerce and retail. The e-commerce segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sell its products through the Company’s e-commerce Websites and direct-mail catalogs.
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