Williams-Sonoma (WSM) Revenue — Quarter Ended Oct 27, 2024
Revenue for the quarter declined year over year, reflecting ongoing customer hesitancy in furniture purchases, though partially offset by gains in emerging brands and children's home furnishings. On a sequential basis, revenue increased slightly from the prior quarter.
Key takeaway
Quarter ended Oct 27, 2024 · FY2024 Q3
Revenue for the quarter declined year over year, reflecting ongoing customer hesitancy in furniture purchases, though partially offset by gains in emerging brands and children's home furnishings. On a sequential basis, revenue increased slightly from the prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
+0.7%
Change from the immediately preceding quarter.
Year-over-year
-2.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.5B
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 |
|---|---|---|
| Jan 28, 2024 | $2.3B | -7.1% |
| Apr 28, 2024 | $1.7B | -5.4% |
| Jul 28, 2024 | $1.8B | -4.0% |
| Oct 27, 2024 | $1.8B | -2.9% |
Revenue performance
Compared to the immediately preceding quarter, revenue rose modestly, marking a slight sequential improvement after several quarters of decline.
Quarterly comparison
Compared to the same quarter last year, revenue decreased, with the decline mainly attributed to reduced furniture sales, while other categories showed relative strength.
What to watch
The trajectory of furniture demand remains a key factor for future revenue performance.