Williams-Sonoma (WSM) 10-K Summary — Year Ended Jan 29, 2023
Williams-Sonoma, Inc. filed its annual report. The document includes financial results, risk factors, and management discussion.
Key takeaway
Year ended Jan 29, 2023 · FY2024 10-K
Williams-Sonoma, Inc. filed its annual report. The document includes financial results, risk factors, and management discussion.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$8.7B
Revenue reported for the fiscal year.
Operating income
$1.5B
Income from operations reported for the year.
Net income
$1.1B
Net income reported for the year.
Operating cash flow
$1.1B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 30, 2022 | $8.2B | n/a |
| Jan 29, 2023 | $8.7B | +5.2% |
Business overview
The filing does not provide a description of the company's business operations.
Financial performance
Revenue increased compared to the prior year. Operating income, net income, and operating cash flow were reported.
Material risks
Key risks include the potential harm from unsuccessful management of employment and occupancy costs, failure to meet public guidance, and inability to obtain insurance at acceptable rates. Additionally, changes in reference rates such as LIBOR and fluctuations in quarterly results pose risks.
Liquidity and capital
The filing discusses liquidity and capital resources, and notes that the company's ability to pay dividends and repurchase stock may affect its reputation and stock price.
What to watch
Investors should monitor whether the company's future operating performance meets its stated guidance.