Williams-Sonoma Reports 2Q Profit Up 15%

New York City, Williams-Sonoma Inc. reported that its profit in the second quarter rose 15%, but the company lowered its full-year guidance due in part to weakness at its largest brand, Pottery Barn. Williams-Sonoma Inc. reported an income for the quarter ended July 30 of $35.6 million, up from $30.8 million for the same quarter last year. Comp-store sales rose 1.2%, driven especially by strength at the Pottery Barn Kids stores, while total revenue was up 6.4% to $825.5 million from $776.2 million.