Company Profile For Williams-Sonoma Inc

Williams-Sonoma Inc (WSM.N) (New York Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Retail - Specialty ·

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Overview

Williams-Sonoma, Inc. is a specialty retailer of products for the home. The retail segment of the Company’s business sells its products through five retail store concepts: Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Williams-Sonoma Home. The direct-to-customer segment of the Company’s business sells similar products through its seven direct-mail catalogs and through six e-commerce Websites. The Company’s Williams-Sonoma stores offer a selection of culinary and serving equipment, including cookware, cookbooks, cutlery, informal dinnerware, glassware, table linens, specialty foods and cooking ingredients. The Company has two segments: retail and direct-to-customer. The catalogs reach customers in the United States, while the five retail concepts, as of February 1, 2009, operated 627 stores in 44 states.

Quick Financial Synopsis

BRIEF: For the twenty six weeks ended 2 August 2009, William-Sonoma Inc.'s revenues decreased 20% to $1.28B. Net loss totaled $18.3M vs. an income of $28.8M. Revenues reflect lower retail revenues and decreased income from Direct to customer segment. Net loss reflects a decrease in gross margins. William-Sonoma Inc. is a retailer of quality products for the home stores. Williams-Sonoma was started with the introduction of Williams-Sonoma Home brand.