SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Williams-Sonoma Inc. (WSM) on Wednesday reported fiscal fourth-quarter profit of $410.7 million.
The San Francisco-based company said it had profit of $3.28 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.91 per share.
The seller of cookware and home furnishings posted revenue of $2.46 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $2.34 billion.
For the year, the company reported profit of $1.13 billion, or $8.79 per share. Revenue was reported as $7.71 billion.
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