Williams-Sonoma, Inc.: Newness and collaborations driving broad-based demand across brands

Williams-Sonoma, Inc. 2026 Q2: Financial Performance summary

• B2B grew 14.5% in Q2 with record breaking demand; management also highlighted broad strength across contract and trade.
• Children’s business delivered 3.5% comp in Q2, while emerging brands contributed double-digit growth.
• Operating margin was 17.3% in Q2, and earnings per share were $2.10, with profitability delivered despite a volatile environment.
• Pottery Barn comp improved to 5.1% in Q2, Williams Sonoma comp reached 7.6%, and West Elm comp was 6.4% (all reported as strong performances).
• Q2 comparable brand revenue growth (comp) of 6.2% and total revenue growth of 6.7%, with every brand positive comping.
• Tariff refunds impact: management noted Q2 results were non-GAAP and excluded income of $174 million recognized in Q2 from tariff refunds; they also disclosed receiving a $200 million refund in the quarter.