Williams-Sonoma Holiday Revenues Climb 4.2 Percent
Posted on January 12, 2012 by
SAN FRANCISCO-Net revenues for Williams-Sonoma's eight-week holiday season ending on Dec. 25 totaled $901 million, up 4.2 percent from last year's season, according to a preliminary statement from the multichannel retail company.
This rise included a comparable-brand increase of 4.9 percent. Laura Alber, president and CEO, noted that this pickup came on top of an 11.3 percent comparable-brand jump in last year's holiday season. Alber cited the "strong performance" of Williams-Sonoma's home furnishings brands, in particular West Elm and Pottery Barn.
Most of the increase came from the company's direct-to-customer segment, which enjoyed an 11.6 percent gain in revenues. Retail net revenues were down 0.6 percent.