WILLIAMS SONOMA INC（WSM）の決算・業績分析
WILLIAMS SONOMA INCの2024年有価証券報告書をAI分析。売上高$7.7B(-0.5%)。営業利益$1.4B。Consumer Discretionary。
目次
WILLIAMS SONOMA INCの2024年度 業績サマリー
WILLIAMS SONOMA INC（証券コード: WSM）の2024年度決算・業績分析。売上高は$7.7B（前年比-0.5%）。営業利益は$1.4B（前年比+14.9%）。純利益は$1.1B（前年比+18.5%）。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。
WILLIAMS SONOMA INCの2024年度 注目ポイント
- Revenue grew 5.2% YoY to $8.7B (XBRL), driven by strong performance in non-furniture categories.
- Operating income increased 3.1% YoY to $1.5B (XBRL), with operating margin at 17.3%.
- Shareholder returns totaled $1.1B (XBRL), including $217M in dividends and $880M in share repurchases.
- ROE reached 67.8% (XBRL), reflecting strong profitability and efficient use of equity.
WILLIAMS SONOMA INCの売上高変化の要因
- •Total revenue for FY2024 was $8.7B (XBRL), representing a 5.2% YoY increase. Historical data shows revenue growth from $5.7B in FY2020 to $8.7B in FY2024. While FY2023 revenue declined due to customer hesitancy toward furniture and reduced promotional activity (10-K), FY2024 saw a rebound. Segment-specific revenue figures are not disclosed in the XBRL data or 10-K text (N/A).
WILLIAMS SONOMA INCの営業利益変化の要因
- •Gross profit was $3.7B (XBRL) with a gross margin of 42.4%, up from 42.4% in FY2023 (no change). Operating income increased 3.1% YoY to $1.5B (XBRL), with an operating margin of 17.3%. Net income remained flat at $1.1B (XBRL), reflecting a 0.1% YoY increase. Gross margin and operating margin have remained stable over the past five years (42.4% and 17.3% respectively).
WILLIAMS SONOMA INCの事業リスクと対応
Consumer spending fluctuations could reduce demand for home furnishings (10-K).
Inability to manage inventory, marketing, and customer demand may lower sales (10-K).
Delivery and fulfillment disruptions risk operational performance (10-K).
Brand reputation damage from quality control failures or fraud (10-K).
Intense competition from similar brands may harm sales (10-K).
Evolving corporate governance regulations and ESG-related reputational risks (10-K).
Challenges in managing e-commerce/digital marketing and failure to introduce new brands (10-K).
WILLIAMS SONOMA INCの事業内容
Williams Sonoma Inc. operates as an omni-channel specialty retailer of high-quality home products, generating revenue through the sale of kitchen, home, and lifestyle products via e-commerce, direct-mail catalogs, and retail stores (10-K). The company's portfolio includes nine design-led brands: Williams Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, Pottery Barn Teen, Rejuvenation, Mark and Graham, and GreenRow (10-K). Key competitive advantages include brand differentiation through design, sustainability initiatives, and a loyalty program (The Key Rewards) (10-K). Customers span the U.S., Puerto Rico, Canada, Australia, the U.K., and international markets, with no significant customer concentration (10-K).
WILLIAMS SONOMA INCのAI業績分析レポート（2024年度）
Williams Sonoma Inc. (WSM) FY2024 Annual Report Analysis
Highlights
Business Overview
Williams Sonoma Inc. operates as an omni-channel specialty retailer of high-quality home products, generating revenue through the sale of kitchen, home, and lifestyle products via e-commerce, direct-mail catalogs, and retail stores (10-K). The company's portfolio includes nine design-led brands: Williams Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, Pottery Barn Teen, Rejuvenation, Mark and Graham, and GreenRow (10-K). Key competitive advantages include brand differentiation through design, sustainability initiatives, and a loyalty program (The Key Rewards) (10-K). Customers span the U.S., Puerto Rico, Canada, Australia, the U.K., and international markets, with no significant customer concentration (10-K).
Revenue Analysis
Total revenue for FY2024 was $8.7B (XBRL), representing a 5.2% YoY increase. Historical data shows revenue growth from $5.7B in FY2020 to $8.7B in FY2024. While FY2023 revenue declined due to customer hesitancy toward furniture and reduced promotional activity (10-K), FY2024 saw a rebound. Segment-specific revenue figures are not disclosed in the XBRL data or 10-K text (N/A).
Profitability Analysis
Gross profit was $3.7B (XBRL) with a gross margin of 42.4%, up from 42.4% in FY2023 (no change). Operating income increased 3.1% YoY to $1.5B (XBRL), with an operating margin of 17.3%. Net income remained flat at $1.1B (XBRL), reflecting a 0.1% YoY increase. Gross margin and operating margin have remained stable over the past five years (42.4% and 17.3% respectively).
Balance Sheet Analysis
The equity ratio was 31.6% (XBRL), with total equity at $1.7B (historical data). The debt-to-equity (D/E) ratio was 1.89x (XBRL). Liquidity was strong, with cash reserves of $1.3B (XBRL) and a current ratio of 1.45x (XBRL). Total assets grew from $4.1B in FY2020 to $5.3B in FY2024 (XBRL).
Cash Flow Analysis
Operating cash flow was $1.1B (XBRL), matching net income. Free cash flow (FCF) was $699M (XBRL), calculated as operating cash flow ($1.1B) minus capital expenditures ($354M). Capital expenditures totaled $354M (XBRL), with a CapEx/D&A ratio of 1.65x. Shareholder returns included $217M in dividends and $880M in share repurchases, totaling $1.1B (XBRL).
Working Capital Analysis
N/A. Data on receivables, inventory, or payables days is not available in the XBRL or 10-K text.
Risks
Outlook
N/A. Forward-looking guidance or management expectations for FY2025 are not disclosed in the XBRL data or 10-K text.
Historical Time Series
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|
| Revenue | 5.7B | 5.9B | 6.8B | 8.2B | 8.7B |
| Operating Income | 436M | 466M | 911M | 1.5B | 1.5B |
| Net Income | 334M | 356M | 681M | 1.1B | 1.1B |
| Total Assets | 4.1B | 4.7B | 4.6B | 4.7B | 5.3B |
| Total Equity | 1.2B | 1.2B | 1.2B | 1.7B | 1.7B |
| Operating Cash Flow | 586M | 607M | 1.3B | 1.4B | 1.1B |
Consumer Discretionaryの企業一覧
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