Form 10-Q · Quarterly report
Williams-Sonoma, Inc. 10-Q, filed Aug 28, 2026
- Filed
- CIK
- 0000719955
- Accession no.
- 0000719955-26-000208
Summary
Williams-Sonoma reported second-quarter fiscal 2026 net revenues rose $123.0 million, or 6.7%, with comparable brand revenue up 6.2%, and diluted earnings per share of $2.84 versus $2.00 a year earlier, including tariff-refund income. The company said it had collected substantially all of a $197.8 million IEEPA tariff refund claim and expected tariff uncertainty to continue through fiscal 2026.
Key points
- Second-quarter fiscal 2026 net revenues increased $123.0 million, or 6.7%, driven by 6.2% comparable brand revenue growth and $13.6 million of non-comparable brand revenue growth.
- Diluted earnings per share was $2.84, compared with $2.00 in the second quarter of fiscal 2025, including tariff refund income of $1.06 and related interest income of $0.04, partly offset by $0.30 of vendor reimbursements and $0.06 of employee recognition cost.
- Williams-Sonoma filed in April 2026 for a $197.8 million refund of IEEPA tariffs paid in fiscal 2025 and fiscal 2026; it collected $200.2 million including interest and had a $3.2 million remaining receivable as of August 2, 2026.
- It ended the second quarter with $1.0 billion in cash and no outstanding revolving credit borrowings, and generated $695.9 million of operating cash flow in the first half of fiscal 2026, while investing $116.4 million in capital expenditures and returning $463.2 million through stock repurchases and dividends.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION OVERVIEW Williams-Sonoma, Inc., (the “Company”, “we”, or “us”) is a specialty retailer of high-quality products for the home. We are the world’s largest digital-first, design-led and sustainable home retailer. Our brands – Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home, Rejuvenation, Mark and Graham, GreenRow, and Dormify – represent distinct merchandise strategies that are marketed through e-commerce, direct-mail catalogs, retail stores, and business-to-business. These brands collectively support The Key Rewards, our loyalty and credit card program that offers members exclusive benefits. …
An excerpt of the text as filed with the SEC, cut for length.
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