Williams-Sonoma, Inc. (WSM) Q2 FY2026 8-K Filings and Company Events

Filings that contain financial statements

Williams-Sonoma furnishes unaudited condensed financial statements inside the Exhibit 99.1 earnings releases attached to its Form 8-Ks. The most recent are:

• Form 8-K filed August 26, 2026, accession 0000719955-26-000203: second quarter ended August 2, 2026. Exhibit 99.1 holds the statements of earnings (thirteen and twenty-six weeks, with prior-year comparatives), balance sheets (August 2, 2026, February 1, 2026 and August 3, 2025), the twenty-six-week cash flow statement, and the GAAP to non-GAAP reconciliation. The release states that the Form 10-Q had not yet been filed and that results were preliminary. The Form 10-Q for the quarter was filed August 28, 2026 (accession 0000719955-26-000208).
• Form 8-K filed May 21, 2026, accession 0000719955-26-000126: first quarter ended May 3, 2026. Statements of earnings, balance sheets and cash flows.
• Form 8-K filed March 18, 2026, accession 0000719955-26-000030: fourth quarter and fiscal year ended February 1, 2026 (fiscal 2025). Statements of earnings (quarter and full year), balance sheets and cash flows.
• Form 8-K filed November 19, 2025, accession 0000719955-25-000043: third quarter ended November 2, 2025. Statements of earnings, balance sheets and cash flows.

Earnings and guidance

• August 26, 2026 - second quarter 2026 results; full-year outlook raised (0000719955-26-000203). Net revenues were $1.96 billion, up 6.7% from $1.84 billion, with comparable brand revenue up 6.2%. GAAP operating margin was 22.9% and non-GAAP operating margin was 17.3%. GAAP diluted EPS was $2.84 against $2.00 a year earlier; non-GAAP diluted EPS was $2.10. The gap between GAAP and non-GAAP comes from a refund of previously paid IEEPA tariffs (see below). The company raised its fiscal 2026 outlook to net revenue growth of 4.7% to 7.2% (previously 2.7% to 6.7%), comparable growth of 4.0% to 6.5% (previously 2.0% to 6.0%), and a non-GAAP operating margin of 17.8% to 18.2% (previously 17.5% to 18.1%). Guidance assumes all tariffs currently in place remain, including new Section 301 tariffs announced July 23, and assumes no benefit from tariff refunds or related interest. Expected non-GAAP effective tax rate is about 26% (previously about 25.5%); interest income is still about $25 million. Long-term targets of mid-to-high single-digit revenue growth and a mid-to-high teens operating margin were reiterated.
• May 21, 2026 - first quarter 2026 results; outlook reiterated (0000719955-26-000126). Comparable brand revenue rose 4.8%, operating margin was 16.2% and diluted EPS was $1.93, up 4.3%. Guidance for fiscal 2026 was unchanged (net revenue +2.7% to +6.7%, operating margin 17.5% to 18.1%). The company returned $373 million to stockholders in the quarter: $288 million of repurchases and $85 million of dividends.
• March 18, 2026 - fourth quarter and fiscal 2025 results (0000719955-26-000030). Fiscal 2025 diluted EPS was a record $8.84, up 0.6%, on a 52-week year (fiscal 2024 had 53 weeks). Operating margin for the year was 18.1%. Q4 comparable brand revenue rose 3.2% and Q4 diluted EPS was $3.04. Initial fiscal 2026 guidance: net revenues +2.7% to +6.7%, comparable brand revenue +2.0% to +6.0%, operating margin 17.5% to 18.1%, assuming no refund of IEEPA tariffs. The company reported $1.3 billion of repurchase authorization remaining.

Tariff refund

• Second quarter 2026 (0000719955-26-000203; also the Form 10-Q, 0000719955-26-000208). The company filed for a refund of IEEPA tariffs paid in fiscal 2025 and 2026 totaling $197.8 million. In the quarter it recorded a $167.8 million reduction of cost of goods sold and $6.3 million of interest income, offset by a $47.5 million provision to reimburse merchandise vendors that had given tariff-related concessions and a $10.0 million one-time discretionary 401(k) contribution to eligible employees. A further $29.3 million was deferred as a reduction of inventory and is expected to reduce cost of goods sold in the third quarter. Cash refunds of $200.2 million, including interest, were collected in the quarter, and substantially all of the initial claim had been collected by August 2, 2026, leaving a $3.2 million receivable. All of these items are excluded from non-GAAP results.

Capital actions

• March 18, 2026 - dividend increase (0000719955-26-000030, Exhibit 99.2). The Board raised the quarterly cash dividend 15% to $0.76 per share, payable May 22, 2026 to holders of record April 17, 2026. The company described this as its seventeenth consecutive year of increased dividend payouts.
• Stock repurchases. At the end of the second quarter, the Form 10-Q (0000719955-26-000208) reports no shares repurchased in the quarter and 1,608,253 shares repurchased in the first half for $287.8 million. $50.8 million remained under the September 2024 authorization, and a further $1.0 billion authorization approved in November 2025 (announced in 0000719955-25-000043) becomes effective once the earlier one is used up, for roughly $1.1 billion remaining in total.
• June 26, 2025 - credit facility (Form 8-K filed June 27, 2025, accession 0001628280-25-033311). Ninth Amended and Restated Credit Agreement with Bank of America, N.A. as agent: the unsecured revolver was increased from $500 million to $600 million and its maturity extended to June 26, 2030. No revolving loans were outstanding at signing. The Form 10-Q reports no borrowings under the facility in the first half of fiscal 2026.

Governance

• June 22, 2026 filing - annual meeting held June 18, 2026 (0000719955-26-000164). All eight director nominees were elected, say-on-pay was approved, and Deloitte & Touche LLP was ratified as auditor for the fiscal year ending January 31, 2027.

M&A and other

No acquisitions, divestitures, restructurings or impairments were reported in the Form 8-Ks filed since the beginning of fiscal 2026, and the Form 10-Q for the second quarter describes no acquisition.

• May 18, 2026 - separation agreement (Form 10-Q, accession 0000719955-26-000208, Item 6, Exhibit 10.1). The 10-Q exhibit index lists a "Separation Agreement and General Release with Ms. Bhargava dated May 18, 2026" and marks it as a management contract or compensation plan or arrangement. The 10-Q does not state her title.