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Williams-Sonoma Nets Gain in Retail Sales
January 15,
2013 by in UnCategorized
By Aggregated Content in Financial Reports on January 16, 2013
from http://www.cnbc.com/id/100385656
Williams-Sonoma Inc. said Wednesday that its revenue increased 4.8 percent to $1.01 billion for the nine-week holiday period that ended Dec. 30.
The cooking and housewares company's President and CEO Laura Alber said the results reflect the strength of its brands, as it made the gains amid tough competition and a difficult economy. Holiday sales are critical to retailers, which can often pull in as much as 40 percent of their annual revenue during the final two months of the year.
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