NYSE$WSM
Williams-Sonoma Inc · Q1 2027 earnings
Q1 2027 earnings · · Before market open · Investor relations
Briefing
Williams-Sonoma reported strong Q1 2026 results with 4.8% comparable brand revenue growth and diluted EPS of $1.93.
Williams-Sonoma, Inc. delivered net revenues of $1.81 billion in the first quarter ended May 3, 2026, reflecting a 4.8% increase in comparable brand revenue across all brands. Operating income reached $292 million with a 16.2% operating margin, while diluted EPS grew 4.3% to $1.93. The company maintained a strong liquidity position and returned $373 million to shareholders through repurchases and dividends.
- Comparable brand revenue grew 4.8% with every brand posting positive comps.
- Operating margin was 16.2% and diluted EPS reached $1.93, up 4.3% year-over-year.
- Gross margin declined 30 bps to 44.0% due to lower merchandise margins partially offset by supply chain and occupancy benefits.
- Company reiterated full-year 2026 guidance of 2.7%-6.7% net revenue growth and 17.5%-18.1% operating margin.
Headline financials
Revenue & EPS history
Williams-Sonoma · Revenue · Quarterly
$1.81B
Revenue by segment
Williams-Sonoma · $1.81B total across 5 segments · Q1 2027
- Pottery Barn$708M—39.2%
- West Elm$471M—26.1%
- Williams Sonoma$272M—15.0%
- Pottery Barn Kids and Teen$240M—13.3%
- Other$114M—6.3%
Forward guidance
Company reiterated fiscal 2026 guidance expecting net revenue growth of 2.7% to 6.7% with comps of 2.0% to 6.0% and operating margin of 17.5% to 18.1%. Long-term outlook remains mid-to-high single-digit revenue growth and mid-to-high teens operating margin.
Tailwinds
- Strong start to 2026 with positive comps across all brands
- Reiterated full-year and long-term guidance
- Maintained strong liquidity and returned significant capital to shareholders
Headwinds
- Tariff impacts assumed to be front-loaded in first half
- Elevated oil prices assumed for full year
- No refund of tariffs paid assumed in guidance
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2027
+3.1%
Avg return
Earnings day
+4.4%
Avg return
5 days after
+5.7%
Avg return
30 days after
66%
40 / 61 earnings
Positive
+25.7%
Q3 2024
Best reaction
-13.0%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | +8.7% | — | — | |
| Q4 2025 | +1.6% | +0.9% | +9.1% | |
| Q3 2026 | -3.2% | -3.9% | +5.6% | |
| Q2 2026 | -3.0% | -4.9% | +1.7% | |
| Q1 2025 | -4.3% | -0.6% | -5.4% | |
| Q4 2024 | -3.5% | -1.1% | -19.2% | |
| Q3 2024 | +25.7% | +29.6% | +33.8% | |
| Q2 2024 | -3.0% | -6.6% | +3.4% | |
| Q1 2024 | -9.5% | -8.5% | -3.5% | |
| Q4 2023 | +18.5% | +18.3% | +19.8% | |
| Q3 2023 | +10.8% | +11.5% | +26.9% | |
| Q2 2023 | +11.5% | +13.4% | +11.9% | |
| Q1 2023 | +1.8% | +1.3% | +7.0% | |
| Q4 2022 | -1.5% | +3.9% | -0.1% | |
| Q3 2022 | -3.4% | -2.3% | -11.8% | |
| Q2 2022 | +0.9% | -5.7% | -23.7% | |
| Q1 2022 | +23.2% | +24.1% | +19.6% | |
| Q4 2021 | +8.2% | +6.8% | +0.3% | |
| Q3 2021 | +2.7% | +0.7% | -19.3% | |
| Q2 2021 | +10.1% | +9.6% | +12.8% | |
| Q1 2021 | +2.5% | +1.5% | -4.6% | |
| Q4 2020 | +16.7% | +30.0% | +25.9% | |
| Q4 2019 | +9.2% | +6.3% | +47.3% | |
| Q3 2019 | -1.7% | +4.0% | +6.2% | |
| Q2 2019 | -6.2% | -3.8% | -0.7% | |
| Q1 2019 | +14.4% | +16.3% | +27.1% | |
| Q4 2018 | +4.4% | +2.1% | +1.0% | |
| Q3 2018 | -13.0% | -17.0% | -15.5% | |
| Q2 2018 | +21.0% | +14.2% | +9.6% | |
| Q1 2018 | +9.9% | +12.3% | +34.1% | |
| Q4 2017 | +4.4% | +2.2% | -8.9% | |
| Q3 2017 | -9.8% | -10.2% | -0.2% | |
| Q2 2017 | +4.9% | +7.0% | +9.2% | |
| Q1 2017 | +0.1% | +0.1% | -3.2% | |
| Q4 2016 | +3.7% | +2.1% | +14.4% | |
| Q3 2016 | +2.0% | +5.8% | +5.5% | |
| Q2 2016 | +1.6% | -1.8% | -7.3% | |
| Q1 2016 | +2.2% | +5.7% | +3.2% | |
| Q4 2015 | -4.3% | — | — | |
| Q3 2015 | -4.2% | — | — | |
| Q2 2015 | -5.4% | — | — | |
| Q1 2015 | +0.4% | — | — | |
| Q4 2014 | -5.3% | — | — | |
| Q3 2014 | +8.1% | — | — | |
| Q2 2014 | -11.9% | — | — | |
| Q1 2014 | +8.7% | — | — | |
| Q4 2013 | +9.7% | — | — | |
| Q3 2013 | +7.3% | — | — | |
| Q2 2013 | -4.3% | — | — | |
| Q1 2013 | +0.9% | — | — | |
| Q4 2012 | +9.4% | — | — | |
| Q3 2012 | -5.6% | — | — | |
| Q2 2012 | +14.3% | — | — | |
| Q1 2011 | -1.4% | — | — | |
| Q1 2012 | -1.7% | — | — | |
| Q4 2009 | +3.7% | — | — | |
| Q3 2010 | +1.4% | — | — | |
| Q3 2011 | +1.4% | — | — | |
| Q2 2010 | +3.5% | — | — | |
| Q2 2011 | +3.5% | — | — | |
| Q4 2010 | +3.5% | — | — |
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