Williams-Sonoma Q4 comparable revenue down 6.8%; EPS up to $5.44; dividend up 26%
Williams-Sonoma reported fourth-quarter fiscal 2023 results with net revenues of $2.28 billion, down from $2.45 billion a year earlier, and comparable brand revenue down 6.8%. Diluted EPS rose to $5.44 from $5.28, while fiscal 2023 diluted EPS fell to $14.55 from $16.32. The board raised the quarterly dividend 26% to $1.13 per share and approved a new $1 billion stock repurchase authorization, which matters to shareholders as a larger direct return of capital.
Key points
- Q4 net revenues $2.28 billion vs. $2.45 billion; comparable brand revenue -6.8%
- Q4 operating margin 20.1% vs. 19.2%; Q4 diluted EPS $5.44 vs. $5.28
- Fiscal 2023 diluted EPS $14.55 vs. $16.32; net revenues $7.75 billion vs. $8.67 billion
- Quarterly dividend raised to $1.13 per share, payable May 24, 2024 to holders of record April 19, 2024; new $1 billion buyback effective March 14, 2024
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 13, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.