The Latest Breaking News from Williams Sonoma

While rising inflation is a major concern for most investors, shares of retail companies Walmart (WMT) and Williams Sonoma (WSM) have been soaring in price after surpassing earnings estimates in their recent quarterly releases. So, let’s take a closer look at these names….

DALLAS — Neiman Marcus has hired a new president from Williams Sonoma to accelerate the Dallas-based luxury retailer’s growth strategy and strengthen the customer experience.

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Williams-Sonoma, Inc. (NYSE:WSM) reported fourth-quarter revenue growth of 9.1% year-over-year to $2.5 billion, missing the consensus of $2.58 billion. Comparable brand revenue growth was 10.8%, including West Elm at 18.3%, Pottery Barn at 16.2%, and Williams Sonoma at 4.5%, on top of 26.2% last year. The gross margin expanded by…