Williams-Sonoma, Inc. (NYSE:WSM) Q2 2022 Earnings Conference Call August 24, 2022 5:00 PM ET
Company Participants
Jeremy Brooks - Chief Accounting Officer and Head, IR
Laura Alber - President and CEO
Julie Whalen - EVP and CFO
Felix Carbullido - EVP and Chief Marketing Officer
Conference Call Participants
Max Rakhlenko - Cowen and Company
Cristina Fernández - Telsey Advisory Group
Adrienne Yih - Barclays
Seth Basham - Wedbush Securities
Anthony Chukumba - Loop Capital Markets
Chuck Grom - Gordon Haskett Research Advisors
Jonathan Matuszewski - Jefferies
Bradley Thomas - KeyBanc Capital Markets
Simeon Gutman - Morgan Stanley
Oliver Wintermantel - Evercore ISI
Marni Shapiro - The Retail Tracker
Kate McShane - Goldman Sachs
Operator
Good day, ladies and gentlemen, and welcome to the Williams-Sonoma, Inc. Q2 2022 Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the conclusion of the prepared remarks.
Today's call is being recorded. I would now like to turn the call over to Jeremy Brooks, Chief Accounting Officer and Head of Investor Relations. Please go ahead.
Jeremy Brooks
Good afternoon, and thank you for joining our second quarter earnings call. I'd like to remind you that during this call, we will make forward-looking statements with respect to future events and financial performance, including guidance for fiscal '22 and our long-term outlook. Although we believe these statements reflect our best estimate and all available information, we cannot make any assurances that these statements will materialize, and actual results may differ significantly from our expectations. The company undertakes no obligation to publicly update or revise any of these statements to reflect events or circumstances that may arise after today's call.
Additionally, we will refer to certain non-GAAP financial measures. Those measures should not be considered replacements for and should be read together with our GAAP results. A reconciliation of non-GAAP measures to the most directly comparable GAAP measure, along with an explanation of how and why we use those measures, appears an Exhibit 1 to the press release we issued earlier today. This call should also be considered in conjunction with our periodic and annual filings with the SEC. The call is being recorded, and a replay will be available on our Investor Relations website.
Now I'd like to turn the call over to Laura Alber, our President and Chief Executive Officer.
Laura Alber
Thanks, Jeremy. Good afternoon, everyone. I'm excited to share our second quarter earnings today. Q2 marked another quarter of strong performance, delivering an 11.3% comp on the top line and earnings growth of over 19% to $3.87 per share. These impressive results reflect the strength of our multi-brand portfolio, the success of our growth initiatives and the ongoing execution of the team. We continue to demonstrate our ability to perform by offering high-quality, differentiated and sustainable products that our customers know and love.