Laura Alber – President & CEO Amazon coming into the furniture market “Great. There is more competition coming in, particularly at the low end and there is still the big box retailers who have been offering furniture for a lot … Continued
Williams-Sonoma’s (WSM) CEO Laura Alber on Q3 2016 Results No pullback in the promotional environment “We haven’t seen any pullback in the promotional environment. As Julie said, we think in fact because of some people having more inventory than they … Continued
WilliamsSonoma’s (WSM) CEO Laura Alber on Q2 2016 Results Retail environment has softened “Despite this progress on our strategic initiative, the retail environment has softened since we last talked, and our sales are being impacted by a more cautious consumer. … Continued
Laura Alber Julie Whalen Tough to get a good read on the business at this time “From a revenue guidance perspective, our second quarter revenue guidance reflects obviously our best estimates of the possible range of outcomes across our portfolio … Continued
Laura J. Alber CEO Revolutionizing our approach to inventory “Second, we are revolutionizing our approach to inventory. We have a significant opportunity to improve customer service and reduce cost by advancing our inventory management practices. In 2015, we experienced supply … Continued
Gabrielle Rabinovitch – VP, IR Laura Alber – CEO, President 15% comps at West Elm “The West Elm brand continues to deliver exceptional results. Comparable brand revenue increased by 15.7% on top of 17.4% last year marking 23 consecutive quarters … Continued
Partnership with AwesomenessTV to reach Gen Z “In order to attract new customers, PBteen continues to increase its social media reach. In July, PBteen announced a partnership with AwesomenessTV, a multi-platform media company that is a global leader in engaging … Continued
Key initiative in inventory management “One of our key initiatives is inventory optimization. The West Coast port slowdown has further validated the importance of being in stock. We are focused not only on improving our inventory stock levels to be … Continued
West coast ports significantly affected results “In the fourth quarter, we exceeded the high end of our expectations, despite challenges relating to the West Coast port disruption. The prolonged slowdown negatively impacted our results and will continue to impact us … Continued
This post is part of a series of posts called “Company Notes.” These posts contain quotes and exhibits from earnings calls, conference presentations, analyst days and SEC filings. Full transcripts can be found at Seeking Alpha Solid growth “Solid performance … Continued