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Williams-Sonoma Net Down on Margins, Severance
May 21,
2012 by in UnCategorized
By Aggregated Content in Financial Reports on May 22, 2012
from http://www.marketwatch.com/story/williams-sonoma-net-down-on-margins-severance-2012-05-22
Williams-Sonoma Inc. fiscal first-quarter earnings fell 2.8 percent, due in part to severance expenses related to an executive's departure in March, while increased shipping offers weakened the high-end home-furnishing retailer's margins.
The company forecast current-quarter earnings of 38 cents to 41 cents, on revenue of $850 million to $870 million, while analysts surveyed by
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