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Williams-Sonoma returns to profitability

Williams-Sonoma lifted its full-year forecast to a profit of 43 to 52 cents per share, up from prior guidance of 19 to 31 cents. Williams-Sonoma lifted its full-year forecast to a profit of 43 to 52 cents per share, up from prior guidance of 19 to 31 cents. (Tannen Maury/ Bloomberg News/ File 2003)
November 22, 2009

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Williams-Sonoma Inc. gained after saying reduced expenses and better margins helped it return to profit in the third quarter. The home decor retailer raised its profit and revenue forecasts for the fourth quarter and year. Williams-Sonoma, whose stores include Pottery Barn, earned $7.3 million, or 7 cents per share, vs. a loss of $11 million, or 10 cents, a year ... (Full article: 71 words)

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