Williams Sonoma

WSM Q4 2025 Earnings

Reported Mar 19, 2025 at 9:09 AM ET · SEC Source

Q4 25 EPS

$3.28

Q4 25 Revenue

$2.46B

vs S&P Since Q4 25

-14.6%

TRAILING MARKET

WSM +12.9% vs S&P +27.4%

Full Year 2025 Results

FY 25 EPS

$8.79

FY 25 Revenue

$7.71B

Market Reaction

Did WSM Beat Earnings? Q4 2025 Results

Williams-Sonoma closed fiscal 2024 on a strong note, reporting Q4 earnings per share of $3.28 on revenue of $2.46 billion, with comparable brand revenue rising 3.1% as the company posted a record Q4 operating margin of 21.5%, up 140 basis points year… Read more Williams-Sonoma closed fiscal 2024 on a strong note, reporting Q4 earnings per share of $3.28 on revenue of $2.46 billion, with comparable brand revenue rising 3.1% as the company posted a record Q4 operating margin of 21.5%, up 140 basis points year over year. A key driver was an extra 14th week in the fiscal calendar, which the company estimates contributed roughly 510 basis points to quarterly revenue growth, while standout seasonal offerings and a meaningful rebound in both retail and online furniture sales helped the quarter exceed expectations. For the full fiscal year, adjusted operating margin reached a record 17.9%, even as comparable brand revenue slipped 1.6% amid persistent furniture demand headwinds. Williams Sonoma led all brands with 5.7% comparable growth in Q4, while Pottery Barn posted a modest 0.5% decline. Looking ahead, management guided fiscal 2025 net revenue in a range of -1.5% to +1.5%, with comparable brand growth of flat to 3.0% and operating margin between 17.4% and 17.8%, expressing confidence that its supply chain flexibility and growing AI investments position it well despite ongoing tariff uncertainty.

Key Takeaways

  • Comparable brand revenue growth of +3.1% in Q4
  • Record Q4 operating margin of 21.5%, up 140bps year over year
  • Higher merchandise margins of +40bps in Q4
  • Occupancy leverage of +80bps in Q4
  • Supply chain efficiencies of +10bps in Q4
  • Strong improvement in both retail and online furniture sales
  • Standout seasonal offerings and impactful collaborations
  • Benefit from 14th week contributing approximately 510bps to Q4 revenue growth
  • Full-year supply chain efficiencies of +130bps and higher merchandise margins of +170bps
  • ROIC of 54.0% in fiscal 2024, up from 45.0% in fiscal 2023
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WSM YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

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WSM Revenue by Segment

With YoY comparisons, source: SEC Filings

Q4 25 Q4 26

“We are proud of our strong finish to 2024. In Q4, our comp came in above expectations at positive 3.1%. We exceeded profitability estimates with an operating margin of 21.5% and earnings per share of $3.28. This success was fueled by the strength of our operating model, our standout seasonal offerings, our impactful collaborations, and a strong improvement in both retail and online furniture sales. On the full year, our comp ran down 1.6%. We delivered a record annual operating margin of 17.9% with full-year earnings per share of $8.50.”

— Laura Alber, Q4 2025 Earnings Press Release