Analyst Report: Williams-Sonoma, Inc.

Argus

•

Mar 21, 2025

Summary

Williams-Sonoma Inc. is simply a starring specialty retailer of products for the home. The San Francisco-based institution operates 518 retail stores nether the Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Rejuvenation nameplates, with astir 20 stores successful Canada, 19 stores successful Australia and 2 successful the UK. WSM has franchises successful the Middle East, the Philippines, Mexico, South Korea and India. The institution operates e-commerce websites and direct-mail catalogs that let shoppers to acquisition products from these brands positive Mark and Graham. The institution has outlet stores that are included successful the store number above. In fiscal 2025, e-commerce revenues accounted for astir 66% of the company's $7.7 cardinal successful sales. The full selling country was astir 3.8 cardinal quadrate feet. The mean store was 10,200 quadrate feet, with the flagship marque averaging 6,600. We volition update these numbers aft we reappraisal the yearly report.

The company's f

Chris Graja, CFA

Senior Analyst: Retail

Chris covers the Consumer assemblage for Argus. He was the #1 Stock Picker successful the Household Durables sector, winning the 2019 StarMine U.S. Analyst grant from Refinitiv. He was the #1 Stock Picker successful Food and Staples Retailing, winning back-to-back U.S. Analyst Awards successful 2015 and 2016. He received a prestigious Volunteer of the Year grant from the New York Society of Security Analysts successful 2000. Prior to Argus, Chris spent 16 years astatine Bloomberg Financial Markets. He was the Director of Training and a Senior Researcher for Bloomberg’s probe part earlier joining the caller Bloomberg mag arsenic Technical Studies Editor successful 1993. He roseate to Executive Markets Editor of the publishing group. Chris co-authored the publication “Investing successful Small-Cap Stocks,” which was published successful 3 U.S. editions, an audio book, and 2 Chinese editions. Chris earned an MBA from Rutgers University. He is simply a CFA charterholder.