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William-Sonoma Announces Strong Profit Growth in Q2 Earnings

William-Sonoma Announces Strong Profit Growth in Q2 Earnings

Strong Growth in Revenue: Q2 Results Show Resilience in Williams-Sonoma Performance

By USinMinutes
Published - Aug 22, 2024, 08:03 AM ET
Last Updated - Aug 22, 2024, 08:06 AM EDT

Williams-Sonoma, Inc. [WSM] reported a net profit of $225,745 for the second quarter ending July 28, 2024, marking a positive performance. This figure reflects a significant increase from the previous quarter's net profit of $201,507.

The company, headquartered in San Francisco, CA, reported to SEC in an 8-K filing $1.74 earnings per share in the quarter, compared to $1.56 in the previous quarter.

Williams-Sonoma, a leading retail company in the home goods sector, reported a revenue of $1,788,307 in the recent period. This figure shows a slight decrease compared to the revenue of $1,862,614 in the previous quarter.

Compared to the same quarter in the previous year, Williams-Sonoma's revenue in the current quarter decreased by 4.07%, totaling $1,788,307. Additionally, the company's net profit in the current quarter increased by 11.99% when compared to the same quarter of the previous year, reaching $225,745.

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