Williams-Sonoma Q2 10-Q Confirms 6.2% Comp Growth and $167.8M Tariff Refund; Discloses Executive Separation
WSM sits 42% above its 52-week low of $165.51.
Summary
Williams-Sonoma's Q2 10-Q confirms strong results — 6.2% comp growth, EPS of $2.84, and a $167.8M tariff refund — while newly disclosing an executive separation agreement and a director trading plan.
Key Events · Earnings and Guidance · WSM
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Q2 Results Confirmed
Net revenues rose 6.7% to $1.96B with company comp growth of 6.2%; diluted EPS of $2.84 versus $2.00 in Q2 2025.
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Tariff Refund Boost
A $167.8M IEEPA tariff refund reduced cost of goods sold, adding 610 basis points to gross margin; $200.2M in cash refunds collected.
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Executive Separation Disclosed
Separation agreement with Monica Bhargava dated May 18, 2026 includes $900,000 severance, $671,400 legal fee payment, and acceleration of 25,370 RSUs plus 9,580 performance RSUs.
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Director Trading Plan
Director Anne Finucane adopted a Rule 10b5-1 plan on July 16, 2026 to sell up to 1,100 shares between October 16 and December 31, 2026.
Analysis · WSM · Trade & Services
The 10-Q formalizes the strong Q2 results already previewed in the August 26 8-K: net revenues up 6.7% to $1.96B, diluted EPS of $2.84 versus $2.00 a year ago, and a $167.8M tariff refund that boosted gross margin by 610 basis points. The filing also reveals a previously undisclosed separation agreement with executive Monica Bhargava, including $900,000 in severance and accelerated vesting of roughly 35,000 RSUs, plus a new director 10b5-1 plan. The core earnings story is already priced in, but the governance disclosures add new information for investors tracking executive turnover and insider selling patterns.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WSM was trading at $235.09 on NYSE in the Trade & Services sector, with a market capitalization of approximately $27.7B. The 52-week trading range was $165.51 to $254.89. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.