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Services | Home Furnishing Stores | USA

Williams-Sonoma stock rises after company tops Wall Street views, raises dividend

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Williams-Sonoma said it earned $155 million, or $1.93 a share, in the quarter, compared with $96 million, or $1.13 a share, in the year-ago period. Adjusted for one-time items, Williams-Sonoma earned $2.10 a share. Revenue rose 9% to $1.8 billion. 

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Williams-Sonoma said its board authorized an 11.6% dividend increase to 48 cents a share, payable May 31 to shareholders of record as of April 26. The board increased the share buyback authorization by $500 million, resulting in a program around $700 million.

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https://www.marketwatch.com/story/willia...2019-03-20

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