Home furnishings retailer Williams-Sonoma has reported net revenues in its fourth quarter increased 9.7% to $1.2bn (£740m), including internet net revenue growth of 27.2% and a like-for-like sales increase of 5.2%.
At the company’s mail order unit, Direct-to-customer (DTC), net revenues increased 17.3% to $466m (£287m), primarily driven by the Pottery Barn, Williams-Sonoma, PBteen, Pottery Barn Kids and West Elm brands.
The retailer’s net income for the quarter rose 28% to $113m (£69.7m), boosted by a 300 basis point shift in the channel mix in favour of the more profitable DTC unit, which includes the internet operation.
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