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One News Page » Category » Business » Thursday, 19 November 2009 » Williams Sonoma Swings To Profit In Q3 Boosts

Information / Related NewsOpen Full Story in New WindowWilliams-Sonoma Swings To Profit In Q3; Boosts FY09 Outlook - Update

Reported by RTTNews on Thursday, 19 November 2009 (on November 19, 2009)
RTTNews
High-end kitchen products retailer Williams-Sonoma Inc. announced Thursday better-than-expected results, reporting a profit for the third quarter compared to a loss last year, boosted by higher margins and lower expenses, despite charges and a 3% decline in quarterly revenues. Comparable store sales by also increased 1.7%. Non-GAAP earnings per share significantly topped analysts' expectations. The company also raised its earnings and revenue forecast for the fourth quarter and fiscal 2009.

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