Williams-Sonoma (WSM) Revenue — Quarter Ended Jan 28, 2024
The company reported revenue growth for the quarter. This performance contrasts with the decline seen in the prior quarter and the same quarter a year ago.
Key takeaway
Quarter ended Jan 28, 2024 · FY2023 Q4
The company reported revenue growth for the quarter. This performance contrasts with the decline seen in the prior quarter and the same quarter a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.3B
Revenue reported for this quarter.
Quarter-over-quarter
+22.9%
Change from the immediately preceding quarter.
Year-over-year
-7.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 30, 2023 | $1.8B | -7.2% |
| Jul 30, 2023 | $1.9B | -12.9% |
| Oct 29, 2023 | $1.9B | -15.5% |
| Jan 28, 2024 | $2.3B | -7.1% |
Revenue performance
Revenue for the quarter moved higher compared to the previous quarter. The reported figure also reversed the downward trend from the same quarter in the prior year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue improved substantially. Against the same quarter one year earlier, revenue turned from a decline to growth.
What to watch
The sequential revenue improvement following several quarters of decline may warrant attention to the sustainability of this trend.