Williams-Sonoma Files 8-K
Ticker: WSM · Form: 8-K · Filed: Mar 13, 2024 · CIK: 719955
| Field | Detail |
|---|---|
| Company | Williams Sonoma Inc (WSM) |
| Form Type | 8-K |
| Filed Date | Mar 13, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1 billion, $5.44 |
| Sentiment | neutral |
Sentiment: neutral
Topics: disclosure, financial-reporting
Related Tickers: WSM
TL;DR
WSM filed an 8-K, expect financial updates soon.
AI Summary
Williams-Sonoma, Inc. filed an 8-K on March 13, 2024, reporting on its results of operations and financial condition, other events, and financial statements and exhibits. The filing does not contain specific financial figures or details about the 'other events' in the provided text.
Why It Matters
This filing indicates Williams-Sonoma is providing updates on its financial performance and other significant corporate events to the SEC.
Risk Assessment
Risk Level: low — The filing is a standard disclosure and does not contain information that inherently increases risk.
Key Players & Entities
- Williams-Sonoma, Inc. (company) — Registrant
- 0000719955 (company) — Central Index Key
- 94-2203880 (company) — IRS Employer Identification No.
- 3250 Van Ness Avenue (company) — Principal Executive Offices Address
- San Francisco, California (company) — Principal Executive Offices City/State
- 94109 (company) — Principal Executive Offices ZIP
- March 13, 2024 (date) — Date of Report
FAQ
What specific financial results are being reported in this 8-K?
The provided text indicates the filing pertains to 'Results of Operations and Financial Condition' but does not detail specific financial figures.
What are the 'Other Events' mentioned in the filing?
The filing lists 'Other Events' as an item, but the specific nature of these events is not detailed in the provided text.
When was this 8-K report filed?
The report was filed on March 13, 2024.
What is the principal executive office address for Williams-Sonoma, Inc.?
The principal executive offices are located at 3250 Van Ness Avenue, San Francisco, California 94109.
What is the SIC code for Williams-Sonoma, Inc.?
The Standard Industrial Classification code is 5700, categorized as RETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES.
Filing Stats: 586 words · 2 min read · ~2 pages · Grade level 9.8 · Accepted 2024-03-13 09:06:25
Key Financial Figures
- $1 billion — y cash dividend and also approved a new $1 billion stock repurchase authorization, which s
- $5.44 — ing margin of 20.1 %; Q4 diluted EPS of $5.44 ; Quarterly dividend increase of 26%; n
Filing Documents
- wsm-20240313.htm (8-K) — 32KB
- exhibit991fy2023q4earnings.htm (EX-99.1) — 398KB
- exhibit992q124dividendincr.htm (EX-99.2) — 13KB
- capture.jpg (GRAPHIC) — 11KB
- 0001628280-24-010801.txt ( ) — 605KB
- wsm-20240313.xsd (EX-101.SCH) — 2KB
- wsm-20240313_lab.xml (EX-101.LAB) — 21KB
- wsm-20240313_pre.xml (EX-101.PRE) — 12KB
- wsm-20240313_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition On March 13, 2024, the Company issued a press release announcing the Company's financial results for its fourth quarter and fiscal year ended January 28, 2024. A copy of the Company's press release is attached as Exhibit 99.1. The attached exhibit is provided under Item 2.02 of Form 8-K and is furnished to, but not filed with, the Securities and Exchange Commission.
01. Other Events
Item 8.01. Other Events On March 13, 2024, the Company issued a press release announcing that its Board of Directors authorized a 26% increase in the Company's quarterly cash dividend and also approved a new $1 billion stock repurchase authorization, which supersedes the remaining outstanding under the Company's current stock repurchase authorization. A copy of the Company's press release is attached as Exhibit 99.2 and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) List of Exhibits: 99.1 Press Release dated March 1 3 , 202 4 titled Williams-Sonoma, Inc. announces fourth quarter and fiscal year 202 3 resu lts ; Q4 comparable brand revenue - 6. 8 %; Q4 operating margin of 20.1 %; Q4 diluted EPS of $5.44 ; Quarterly dividend increase of 26%; n ew stock repurchase authorization of $1 billion . 99.2 Press Release dated March 1 3 , 202 4 titled Williams-Sonoma, Inc. announces a 26 % quarterly dividend increase and a new $1 billion stock repurchase authorization. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WILLIAMS-SONOMA, INC. Date: March 13, 2024 By: /s/ Jeffrey E. Howie Jeffrey E. Howie Chief Financial Officer 3