Williams Sonoma Inc

Company facts

Industry

Retail-Home Furniture, Furnishings & Equipment Stores

Headquarters

San Francisco, California

Most recent report

10-Q, filed Aug 28, 2026

Incorporated

Delaware

Filings on record

1,003+ filings

On EDGAR

CIK 719955

Fiscal year ends

January

Filer status

Large accelerated filer

What to read: Aug 2026 10-Q

SECSift found 2 of 12 sections worth reading, with 3 positive, 4 notable, and 1 negative flags.

• Item 1

  Full financial statements with major tariff refund, strong cash flow, and halted buybacks.
  Positive

  • Cash dividend increased 15% to $0.76 per share in Q2 fiscal 2026 from $0.66 in the prior year period.
  Notable

  • No share repurchases in Q2 fiscal 2026 after $287.8M in Q1, signaling a shift in capital allocation.
  • Huge one-time benefit: $167.8M tariff refund recorded against COGS in Q2 fiscal 2026, inflating earnings.

• Item 2

  Tariff refund and comp growth data drive read of MD&A.
  Positive

  • Net revenues rose 6.7% in Q2 2026 to an implied ~$1.96B.
  • Comparable brand revenue grew 6.2% in Q2 2026, with e-commerce up 6.5% and retail up 5.5%.
  Notable

  • Diluted EPS was $2.84 in Q2 2026 vs $2.00 prior year, but included $1.06 from tariff refund and $0.04 interest, offset by $0.30 vendor reimbursements and $0.06 employee cost.
  • Operating cash flow was $695.9M in first half 2026, including $200.2M from tariff refund collections, up from $401.7M a year ago.
  Negative

  • Underlying merchandise margins fell 230 bps in Q2 2026 due to tariff flow-through into cost of goods sold.

What changed: Aug 2026 vs. May 2026

About 11% of WSM's Aug 2026 10-Q is new information. 23 paragraphs were added, 79 changed, and 15 removed. Below are the most important lines SECSift identified.

• Item 2 41
• Item 1 27
• Item 5 5
• Item 3 5
• Item 6 4
• Item 4 2