Williams-Sonoma stock outperforms competitors despite a sluggish domestic housing market

The short version

• Williams-Sonoma shares have gained approximately 23% year to date, outperforming competitors and industry benchmarks.[CNBC]
• The home furnishings retailer sustained strong operating margins and earnings despite lower total revenues compared to 2021.[CNBC]
• Growth in e-commerce, AI tools like the sales assistant 'Olive', and expanding business-to-business sales have helped offset a sluggish housing market.[CNBC]

Key facts

• Williams-Sonoma's stock price increased approximately 23% year to date as of Friday, outperforming the S&P 1500 Home Furnishings index and industry peers.[CNBC]
• The United States market accounts for 96% of Williams-Sonoma's total sales.[CNBC]
• The company's operating margin rose from 7.9% in 2019 to 17.6% by 2021.[CNBC]
• E-commerce accounts for more than two-thirds of Williams-Sonoma's overall sales.[CNBC]
• Business-to-business sales grew nearly 15% in the quarter ending in August, representing about $1 billion in annual revenue.[CNBC]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.

• Williams-Sonoma's stock has soared in a sluggish housing market. Here's how it won over Wall StreetCNBC