Strong December Boosts Williams-Sonoma Fourth Quarter
January 14, 2010,
SAN FRANCISCO-After recording a successful holiday period, Williams-Sonoma has issued a rosier forecast for its fourth quarter.
The retailer said in a statement that it now expects fourth-quarter revenue to reach $1.08 billion, up from the previous prediction of $1.06 billion. Williams-Sonoma has based this forecast on a 7.4 percent rise in holiday-period sales, which included a strong same-store sales increase of 6.5 percent.