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Net income reflects an increase in interest income.
The company is traded on the New York Stock Exchange under the symbol WSM.
Looking at it's past history, the Williams Sonoma Group does not appear to have suffered from the 'sophomore slump" so common to many other stores which have attained success and a certain market share. Management continues to use consumer research to refine the business in at attempt to keep the growth of the company on an even keel. It should be noted that while the company saw 13% total growth in retail net revenue in the first quarter of 2005, the individual brand performance does appear to be mixed. Williams Sonoma itself saw sales decline by 0.5% while Pottery Barn and Pottery Barn Kids...
Financial analysts seem to feel that an increase in inventory seen with the company is not of concern, and continue to recommend the stock relative to other specialty retailers.
References
No Author Noted. 2005 ICSC Hot Retailer Awards announced Shopping Centers Today. © May 24, 2005 International Council of Shopping CentersAccessed via the World Wide Web on 6/5/2005 at http://www.icsc.org/srch/apps/newsdsp.php?storyid=1896®ion=main
Williams-Sonoma Keeps Moving
By Stephen D. Simpson, CFA
May 24, 2005 http://www.fool.com/news/mft/2005/mft05052416.htm?logvisit=y&source=estfhdhln001101&bounce=y&bounce2=y
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As such, the original construction for the building was completed between 1911 and 1913, after which point the factory underwent significant reconstruction resulting in an expansion that was largely different than its original design. The construction effort was largely financed by Benscheidt, who worked in conjunction with foreign investors raise the necessary funding. The building's foundation was achieved by mixing compressed concrete and pebble dashing. While the majority of