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Williams-Sonoma reports record earnings growth
San Francisco -- Williams-Sonoma announced that net revenues for fourth quarter 2010 increased 9.7% to $1.195 billion versus $1.09 billion in fourth quarter 2010, including Internet net revenue growth of 27.2% and a comparable-store sales increase of 5.2%.
Diluted earnings per share on a GAAP basis were $1.05 for the quarter, compared with 81 cents for the same period last year.
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Williams-Sonoma record earnings growth a good economic sign
SAN FRANCISCO -- In what can only be a sign that the economic health of the country is improving -- at least for for higher-income consumers, Williams-Sonoma announced that net revenues for the fourth quarter of 2010 increased 9.7% to $1.195 billion versus $1.09 billion in the fourth quarter of 2010, including Internet net revenue growth of 27.2% and a comparable-store sales increase of 5.2%.
Diluted earnings per share on a GAAP basis were $1.05 for the quarter compared with 81 cents for the same period last year.