Williams-Sonoma, Inc. (NYSE:WSM) Q1 2025 Earnings Conference Call May 22, 2025 10:00 AM ET
Company Participants
Jeremy Brooks – Chief Accounting Officer and Head of Investor Relations
Laura Alber – President and Chief Executive Officer
Jeff Howie – Executive Vice President and Chief Financial Officer
Conference Call Participants
Brad Thomas – KeyBanc Capital Markets
Peter Benedict – Baird
Maksim Rakhlenko – TD Cowen
Cristina Fernandez – Telsey Advisory Group
Seth Sigman – Barclays
Simeon Gutman – Morgan Stanley
Christopher Horvers – JPMorgan
Emily Ghosh – Goldman Sachs
Operator
Welcome to the Williams-Sonoma, Inc. First Quarter Fiscal 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the conclusion of the prepared remarks.
I would now like to turn the call over to Jeremy Brooks, Chief Accounting Officer and Head of Investor Relations. Please go ahead.
Jeremy Brooks
Good morning, and thank you for joining our first quarter earnings call. Before we get started, I’d like to remind you that during this call, we will make forward-looking statements with respect to future events and financial performance, including annual guidance for fiscal ’25 and our long-term outlook.
We believe these statements reflect our best estimates. However, we cannot make any assurances these statements will materialize, and actual results may differ significantly from our expectations. The company undertakes no obligation to publicly update or revise any of these statements to reflect events or circumstances that may arise after today’s call.
Additionally, we will refer to certain non-GAAP financial measures. These measures should not be considered replacements for and should be read together with our GAAP results.
Also, with respect to year-over-year comparisons for the first quarter, we will make reference to our Q1 results last year, both with and without a benefit of $49 million, related to an out
