Name: Williams-Sonoma Inc. (NYSE:WSM) | Analysis of Revenues
Creator: Stock Analysis on Net

Analysis of Revenues

Revenues as Reported

Revenues as Reported

Williams-Sonoma Inc., income statement, revenues

US$ in thousands

12 months ended:	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020	Feb 3, 2019
Pottery Barn	3,206,167)	3,555,521)	3,120,687)	2,526,241)	2,214,397)	2,177,344)
West Elm	1,854,811)	2,278,131)	2,234,548)	1,682,254)	1,466,537)	1,292,928)
Williams Sonoma	1,260,045)	1,286,651)	1,345,851)	1,242,271)	1,032,368)	1,056,125)
Pottery Barn Kids and Teen	1,060,470)	1,132,937)	1,139,893)	1,042,531)	908,561)	895,762)
Other	369,159)	421,177)	404,957)	289,892)	276,145)	249,434)
Net revenues	7,750,652)	8,674,417)	8,245,936)	6,783,189)	5,898,008)	5,671,593)

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

Overall Revenue Trend: The net revenues demonstrated a general upward trend from February 3, 2019, through January 29, 2023, increasing from approximately $5.67 billion to $8.67 billion. However, in the most recent period ending January 28, 2024, net revenues declined to about $7.75 billion, representing a notable decrease compared to the prior year.
Pottery Barn Segment: Revenues for this segment consistently increased from $2.18 billion in 2019 to a peak of $3.56 billion in 2023. Subsequently, there was a significant decline to approximately $3.21 billion in 2024, indicating a reversal of a multi-year growth pattern.
West Elm Segment: This segment experienced steady growth from $1.29 billion in 2019 to $2.28 billion in 2023. Similar to Pottery Barn, revenues fell sharply to $1.85 billion in 2024, suggesting challenges impacting this line of business in the most recent period.
Williams Sonoma Segment: Revenues showed moderate fluctuations over the periods, with an initial value of $1.06 billion in 2019, reaching a high near $1.35 billion in 2022, followed by a slight decline to about $1.26 billion by 2024. The changes here were less pronounced compared to other segments.
Pottery Barn Kids and Teen Segment: This segment showed gradual growth from $896 million in 2019 to a plateau around $1.13 billion in 2022 and 2023. However, in 2024, revenues experienced a decrease to approximately $1.06 billion, indicating a mild contraction after a period of stability.
Other Segment: Revenues in the 'Other' category increased steadily from $249 million in 2019 to $421 million in 2023. The most recent period saw a decline to $369 million, mirroring the overall revenue trend of decrease after peak levels.
Summary of Insights: The revenue data over six fiscal years highlights a period of sustained growth across all major segments until the fiscal year ending in January 2023. The subsequent decline across all segments in 2024 indicates a broad-based revenue contraction. This shift may reflect changing market conditions, competitive pressures, or other external factors impacting sales performance uniformly across the company's portfolio.

Download chart