BUZZ-Williams-Sonoma hits record high on Q4 revenue beat, $1 bln share repurchase
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Shares of Williams-Sonoma reach a record high on Q4 revenue beat and $1 billion share repurchase. The company's Q4 net revenue of $2.28 billion exceeds estimates, with strong demand for its home furnishing and decor brands. Williams-Sonoma plans to continue investing in marketing and fresh designs to drive sales and acquire new customers. It expects annual net revenue growth in the range of -3% to +3% for fiscal 2024.
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