Williams-Sonoma Expects Lower Earnings

Share this article:
Williams-Sonoma Inc. -- which owns the Williams-Sonoma, Pottery Barn and Hold Everything stores and catalogs -- expects to fall short of analysts' earnings estimates.


Lower-than-expected sales from its fall and early holiday catalog mailings, along with increased advertising expenses, led to disappointing earnings, the company reported.


Williams-Sonoma, San Francisco, forecast a shortfall of 4 cents to 6 cents per diluted share, compared with analysts' projections, for the fiscal quarter ending Oct. 29. The consensus forecast of analysts was for 18 cents per share.
Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Generating Loyalty for Brands and Retailers in an Omnichannel World

Generating Loyalty for Brands and Retailers in an ...

Harnessing personas, loyalty programs, and new technologies can help marketers better connect with customers.

News Byte: Salesforce Forms Unit to Focus on Verticals

News Byte: Salesforce Forms Unit to Focus on ...

The industries business unit, led by ex-White House CIO Vivek Kundra, will serve six industry groupings.

Columbia U. Puts the "Do" in "Donation"

Columbia U. Puts the "Do" in "Donation"

Columbia University raises nearly $7 million in donations in just 24 hours with a combination of social media, live events, and gamification.