Williams-Sonoma Inc. Reveals 12% Fall In Q1 Bottom Line

(RTTNews) - Williams-Sonoma Inc. (WSM) reported earnings for first quarter that fell from last year.

The company said its profit totaled $39.60 million, or $0.44 per share. This was down from $44.79 million, or $0.48 per share, in last year's first quarter.

Analysts had expected the company to earn $0.50 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.8% to $1.10 billion. This was up from $1.03 billion last year.

Williams-Sonoma Inc. earnings at a glance:

-Earnings (Q1): $39.60 Mln. vs. $44.79 Mln. last year. -Earnings Decline (Y-o-Y): -11.6% -EPS (Q1): $0.44 vs. $0.48 last year. -EPS Decline (Y-o-Y): -8.3% -Analysts Estimate: $0.50 -Revenue (Q1): $1.10 Bln vs. $1.03 Bln last year. -Revenue Change (Y-o-Y): 6.8%

-Guidance: Next quarter EPS guidance: $0.54 - $0.60 Next quarter revenue guidance: $1145 - $1175 Mln Full year EPS guidance: $3.50 - $3.65 Full year revenue guidance: $5150 - $5250 Mln