Williams-Sonoma beats Q2 earnings estimates, raises 2026 revenue outlook

Williams-Sonoma reported Q2 fiscal 2026 earnings that exceeded Wall Street expectations, with adjusted EPS of $2.10 versus $2.05 estimated and revenue up 6.7% to $1.96 billion. The company benefited from tariff refunds, which boosted gross margin, and generated strong operating cash flow of $696 million. It raised its full-year 2026 revenue growth forecast to 4.7%-7.2% and expects a non-GAAP operating margin between 17.8% and 18.2%, despite assuming current tariffs remain. CEO Laura Alber highlighted strong brand performance and market share gains amid challenging macroeconomic conditions, signaling confidence in continued growth.