Williams-Sonoma Earnings: What To Look For From WSM

Kitchenware and home goods retailer Williams-Sonoma (NYSE:WSM) will be announcing earnings results this Wednesday morning. Here’s what to expect.

Williams-Sonoma met analysts’ revenue expectations last quarter, reporting revenues of $1.84 billion, up 2.7% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ gross margin estimates and a solid beat of analysts’ EBITDA estimates.

Is Williams-Sonoma a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Williams-Sonoma’s revenue to grow 3.9% year on year to $1.87 billion, a reversal from the 2.9% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.87 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Williams-Sonoma has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Williams-Sonoma’s peers in the home furnishing and improvement retail segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Arhaus delivered year-on-year revenue growth of 8%, beating analysts’ expectations by 2%, and Sleep Number reported a revenue decline of 19.6%, falling short of estimates by 5.4%. Arhaus’s stock price was unchanged after the resultswhile Sleep Number was down 13.5%.

Read our full analysis of Arhaus’s results here and Sleep Number’s results here.

Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the home furnishing and improvement retail stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 8.9% on average over the last month. Williams-Sonoma is down 4.3% during the same time and is heading into earnings with an average analyst price target of $204.56 (compared to the current share price of $181.33).

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