Williams-Sonoma Earnings Soar

Share this content:
Williams-Sonoma, San Francisco, posted a 74 percent increase in earnings to $41.3 million for fiscal 1997 ended Feb. 1, from $22.7 million for the same period last year. W. Howard Lester, chairman and CEO, attributed the increase in profitability to improved gross margin and improved selling, general and administrative expense rates compared with the prior year. Net sales grew 15 percent to $933.3 million from $811.8 million the previous year. Mail-order sales increased 14.1 percent to $331.5 million, from $298.2 million the previous year. For the fourth quarter, net sales rose 13 percent to $370.4 million, from $327.7 million for the same quarter last year. Mail-order sales rose 8.2 percent to $121.9 million for the quarter from $112.6 million.

Sign up to our newsletters

Company of the Week

PAN Communications is an award-winning integrated marketing and public relations agency for B2B technology and healthcare brands. PAN's data-driven approach allows the firm to specialize in public relations, social media, content and influencer marketing, and data and analytics. PAN partners with brands to create unique, integrated campaigns that captivate audiences and drive measurable results. PAN services clients out of the firm's four offices: Boston, San Francisco, New York City and Orlando.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above