Williams-Sonoma (WSM) Revenue — Quarter Ended Apr 28, 2024
Revenue declined in the current quarter compared to the same quarter one year earlier. The decrease also marks a drop from the immediately preceding quarter.
Key takeaway
Quarter ended Apr 28, 2024 · FY2024 Q1
Revenue declined in the current quarter compared to the same quarter one year earlier. The decrease also marks a drop from the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
-27.1%
Change from the immediately preceding quarter.
Year-over-year
-5.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.7B
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 |
|---|---|---|
| Jul 30, 2023 | $1.9B | -12.9% |
| Oct 29, 2023 | $1.9B | -15.5% |
| Jan 28, 2024 | $2.3B | -7.1% |
| Apr 28, 2024 | $1.7B | -5.4% |
Revenue performance
The reported revenue moved downward for the quarter. The sequential comparison shows a lower figure than the prior quarter.
Quarterly comparison
Revenue was lower than the same period a year ago, continuing a pattern of year-over-year declines seen in recent quarters. The quarter-over-quarter change also reflected a decrease.
What to watch
Filing context notes ongoing customer hesitancy toward furniture purchases, partially offset by strength in other categories.