Williams-Sonoma stock boosted amid mixed Q1 earnings, guidance

Shares of Williams-Sonoma pops on its first-quarter earnings report while reaffirming investors of its guidance.

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- Williams-Sonoma reported its Q1 earnings before the bell this morning. Shares of the kitchenware and home furnishings retailer jumping 2% after posting mixed results for the quarter. Revenue came in at $1.75 billion. Just shy of its estimate of $1.79 billion. And adjusted earnings per share beat estimates coming in at $2.64 versus Wall Street's expectation of $2.40.

Williams-Sonoma also reaffirmed its full-year guidance sending the stock higher today. The company expects an operating margin between 14% to 15%. But even after reporting mixed results, CEO Laura Alber was optimistic in the company's earnings call, saying, despite the challenging macro backdrop, we delivered another solid quarter of earnings.

With our focus on compelling product, customer service, and profitability, we achieved our financial expectations. The share price being rewarded for that this morning.