Williams-Sonoma Shares Jump 7% After Q3 Profit Beats Estimates

NEW YORK == Williams-Sonoma Inc. shares rose 7% in after-hours trading after the parent of Pottery Barn and West Elm reported better-than-expected third-quarter profit and sales. Profit rose to $64.9 million, or 68 cents a share, from $56.7 million, or 58 cents, a year earlier. That topped the FactSet consensus estimate of 63 cents. Sales rose to $1.14 billion from $1.05 billion. That was above the $1.12 billion average estimate. Williams-Sonoma, however, forecast fourth-quarter per-share profit of $1.42 to $1.50, below the $1.53 consensus estimate.

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