Williams-Sonoma Earnings Rise to $15.4M
Net revenue, including shipping fees, increased 14.6 percent to $478.4 million in the first fiscal quarter of 2002 from $417.6 million in the first fiscal quarter of 2001.
Net retail sales rose 20 percent to $267.6 million from $223 million. Total comparable store sales increased 6.2 percent, compared with the 2.8 percent decrease recorded in the first fiscal quarter of 2001.
Direct-to-customer net sales rose 6.3 percent to $178.3 million from $167.7 million. This increase primarily was driven by strong growth in the Pottery Barn and Pottery Barn Kids brands.