{"schemaVersion":1,"research":true,"symbol":"wsm","name":"Williams Sonoma","topic":"moat","path":"/stock/wsm/moat","status":"published","version":4,"updatedAt":"2026-10-18T14:00:53.657Z","locked":false,"publicFairValue":false,"fairValue":null,"moat":{"verdict":"uncertain","summary":"Williams Sonoma has established brands, protected designs and demonstrated customer demand, but the passages do not establish durable competitive protection. Supply-chain efficiencies demonstrate operating capability without proving a relative cost advantage. Pricing power is mixed: disclosed price increases and earlier cost mitigation coexist with realized tariff pressure; refunds more than explain first-half fiscal 2026 gross-margin expansion. This is insufficient moat evidence, rather than established competitive weakness.","advantages":[{"mechanism":"intangible_assets","claim":"Brand names and legally protected designs provide current differentiation. Their ability to sustain an economic moat remains unproven: brand sales and comparable revenue demonstrate demand, but do not isolate brand-driven pricing premiums or protection against substitution.","durability":"Maintained trademarks can persist and patents provide time-limited protection. Legal protection does not establish lasting customer preference or economic exclusivity.","risks":"Imitation, changing preferences, promotional competition and incomplete cost pass-through could weaken differentiation. Management's market-share and pricing-power claims lack supporting competitive detail.","invalidation":"The candidate advantage would be undermined by sustained comparable-revenue declines across core brands accompanied by increased discounting, or evidence that copied designs materially reduce demand. Stronger moat support would require sustained differentiated demand and pricing outcomes through competitive and cost pressure.","competitors":[],"evidenceIds":["e1","e2","e3","e4","e5","e6"],"counterEvidenceIds":["e7","e8","e9","e10"]}],"evidence":[{"id":"e1","sourceId":"filing-1","location":"Business / Intellectual property / Material brand names","excerpt":"Our brand names including “Williams Sonoma,” “Pottery Barn,” “pottery barn kids,” “Pottery Barn Teen,” “west elm,” “Williams Sonoma Home,” “Rejuvenation,” “Mark and Graham” and “GreenRow” are of material importance to us."},{"id":"e2","sourceId":"filing-1","location":"Business / Intellectual property / Trademark duration","excerpt":"Trademarks are generally valid as long as they are in use and/or their registrations are properly maintained, and they have not been found to have become generic."},{"id":"e3","sourceId":"filing-1","location":"Business / Intellectual property / Patent ownership","excerpt":"As of February 1, 2026, we also own approximately 380 patents in connection with certain product designs, inventions and proprietary technology."},{"id":"e4","sourceId":"filing-1","location":"Business / Intellectual property / Patent duration","excerpt":"Patents in the U.S. are generally valid for 15 to 20 years as long as their registrations are properly maintained."},{"id":"e5","sourceId":"filing-3","location":"Executive compensation / Fiscal 2025 comparable brand revenue","excerpt":"Fiscal 2025 financial achievements included: Continued Strong Earnings Financial Metric Performance Comparable Brand Revenue Growth 3.5% Diluted EPS $8.84 Comparable Consolidated and Brand Revenue Brand 2025 Comparable Brand Revenue Growth(1) Pottery Barn 0.4% West Elm 2.9% Williams Sonoma(2) 6.9% Pottery Barn Kids and Teen 4.4% Total(3) 3.5% (1) Comparable brand revenue growth includes business-to-business net revenues."},{"id":"e6","sourceId":"filing-2","location":"Note E / Revenue by brand","excerpt":"For the Thirteen Weeks Ended 1 For the Twenty-six Weeks Ended 1 (In thousands) August 2, 2026 August 3, 2025 August 2, 2026 August 3, 2025 Pottery Barn $ 770,808 $ 724,579 $ 1,479,255 $ 1,419,671 West Elm 496,251 468,550 967,425 905,635 Williams Sonoma 2 268,828 249,053 540,370 506,546 Pottery Barn Kids and Teen 297,438 286,749 537,587 516,465 Other 3 126,432 107,829 240,576 218,556 Total 4 $ 1,959,757 $ 1,836,760 $ 3,765,213 $ 3,566,873 1Includes business-to-business net revenues within each brand."},{"id":"e7","sourceId":"filing-1","location":"Risk factors / Intellectual property imitation","excerpt":"The actions we take to protect our intellectual property rights may not be adequate to prevent imitation of our brands and products by others, particularly in jurisdictions outside the U.S."},{"id":"e8","sourceId":"filing-1","location":"Risk factors / Comparable revenue and promotional competition","excerpt":"Various factors affect comparable brand revenues, including: our e-commerce business; the sales mix among our distribution channels; the number, size and location of stores we open, close, remodel or expand in any period; the overall economic and general retail sales environment; consumer preferences and buying trends; our ability to efficiently source and distribute products; changes in our merchandise mix; competition (including competitive promotional activity and discount retailers); current local and global economic conditions; the timing of our releases of new merchandise and promotional events; the success of our marketing efforts; the cannibalization of existing store sales by our new stores; shifts in catalog circulation; and fluctuations in foreign exchange rates."},{"id":"e9","sourceId":"filing-1","location":"Segment disclosures / Fiscal 2023–2025 revenue by brand","excerpt":"63 Table of Contents The following table summarizes our net revenues by brand for fiscal 2025, fiscal 2024 and fiscal 2023: For the Fiscal Year Ended 1 (In thousands) February 1, 2026 February 2, 2025 January 28, 2024 Pottery Barn $ 2,999,332 $ 3,039,939 $ 3,206,167 West Elm 1,859,501 1,840,582 1,854,811 Williams Sonoma 2 1,362,308 1,302,821 1,260,045 Pottery Barn Kids and Teen 1,138,051 1,107,057 1,060,470 Other 3 447,624 421,142 369,159 Total 4 $ 7,806,816 $ 7,711,541 $ 7,750,652 1Includes business-to-business net revenues within each brand."},{"id":"e10","sourceId":"filing-2","location":"MD&A / First-half fiscal 2026 gross-margin bridge","excerpt":"This increase in gross margin of 220 basis points was driven by (i) IEEPA tariff refunds, net of reimbursements to certain merchandise vendors that previously provided tariff-related concessions, of 310 basis points, (ii) supply chain efficiencies of 40 basis points, including a lower shrink accrual, and (iii) the leverage of occupancy costs of 30 basis points resulting from higher sales, partially offset by (iv) lower merchandise margins of 160 basis points primarily due to the flow-through of tariffs into cost of goods sold."},{"id":"e11","sourceId":"filing-1","location":"Risk factors / Tariff mitigation and targeted price increases","excerpt":"While we continue to execute against an aggressive tariff mitigation plan which includes cost reductions from vendors, moving production to lower cost markets and cost savings in other areas of the business, as well as targeted price increases, we may not be able to fully or substantially mitigate the impact of the increased tariffs or any future tariffs, pass price increases on to our customers or secure adequate alternative sources of products or materials."},{"id":"e12","sourceId":"filing-5","location":"MD&A / Fiscal 2023 inflation mitigation and pricing-power assertion","excerpt":"However, our unique operating model and pricing power helped mitigate these increased costs during fiscal 2023."},{"id":"e13","sourceId":"filing-1","location":"Revenue recognition / The Key Rewards","excerpt":"We offer a customer loyalty program, The Key Rewards, that allows members to earn points on qualifying purchases."},{"id":"e14","sourceId":"filing-1","location":"Revenue recognition / Future-purchase reward certificates","excerpt":"Points earned through either method enable members to receive certificates that may be redeemed on future merchandise purchases."},{"id":"e15","sourceId":"filing-2","location":"Condensed consolidated statements of cash flows / First half fiscal 2026","excerpt":"CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) For the Twenty-six Weeks Ended (In thousands) August 2, 2026 August 3, 2025 Cash flows from operating activities: Net earnings $ 569,471 $ 478,825 Adjustments to reconcile net earnings to net cash provided by (used in) operating activities: Depreciation and amortization 112,683 113,165 Loss on disposal/impairment of assets 1,108 3,599 Non-cash lease expense 127,380 121,936 Deferred income taxes 12,884 14,658 Tax benefit related to stock-based awards 11,650 11,423 Stock-based compensation expense 61,530 46,974 Other (898) (1,275) Changes in: Accounts receivable (19,495) 2,411 Merchandise inventories 15,000 (98,562) Prepaid expenses and other assets (27,704) (37,959) Accounts payable 49,314 (48,962) Accrued expenses and other liabilities (89,166) (78,142) Gift card and other deferred revenue 16,197 (7,069) Operating lease liabilities (127,247) (125,977) Income taxes payable (16,845) 6,633 Net cash provided by operating activities 695,862 401,678 Cash flows from investing activities: Purchases of property and equipment (116,434) (110,293) Other 62 (1,195) Net cash used in investing activities (116,372) (111,488) Cash flows from financing activities: Repurchases of common stock (287,805) (289,108) Payment of dividends (175,444) (155,994) Tax withholdings related to stock-based awards (99,095) (67,903) Debt issuance costs — (1,187) Other (7,658) (6,941) Net cash used in financing activities (570,002) (521,133) Effect of exchange rates on cash and cash equivalents (353) 3,789 Net increase (decrease) in cash and cash equivalents 9,135 (227,154) Cash and cash equivalents at beginning of period 1,019,801 1,212,977 Cash and cash equivalents at end of period $ 1,028,936 $ 985,823 See Notes to Condensed Consolidated Financial Statements."},{"id":"e16","sourceId":"filing-2","location":"Liquidity / No revolving credit borrowings","excerpt":"During the thirteen and twenty-six weeks ended August 2, 2026 and August 3, 2025, we had no borrowings under our Credit Facility."},{"id":"e17","sourceId":"filing-3","location":"Executive compensation / Approved fiscal 2025 equity grants","excerpt":"Annual RSU and PSU equity grants approved by the Compensation Committee in March 2025, with an effective grant date of April 4, 2025, were as follows: Named Executive Officer Target Equity Value(1) Number of RSUs Number of PSUs (at Target) Laura Alber $19,000,000 50,410 86,417 Jeff Howie $3,500,000 12,602 12,602 Monica Bhargava $3,000,000 10,802 10,802 David King $1,500,000 5,401 5,401 Karalyn Yearout $1,500,000 5,401 5,401 (1) Please see “Grants of Plan-Based Award Table” on page 55 for accounting values."},{"id":"e18","sourceId":"filing-3","location":"Executive compensation / Fiscal 2023 PSU performance metrics","excerpt":"The PSU grants made in 2023 were subject to achievement of three-year performance across four relevant financial metrics: Revenue (3-year CAGR, 20% weighting), EPS (3-year CAGR, 20% weighting), Operating Cash Flow (3-year average, 30% weighting), and Adjusted ROIC (3-year average, 30% weighting)."},{"id":"e19","sourceId":"filing-3","location":"Executive compensation / Existing compensation practices and safeguards","excerpt":"Executive Compensation Practices What We Have What We Do Not Have ✓ Rigorous, objective performance goals and EPS-funded bonus pool ✓ Long-term Incentive Program with 3-year goals ✓ Limited perquisites ✓ Competitive stock ownership guidelines and retention requirement ✓ Clawback policy covering cash incentives and stock awards ✓ Double-trigger change-in-control arrangements ✓ Independent compensation consultant and Board Compensation Committee ✓ Annual risk assessment of compensation policies and programs × No “golden parachute” gross-ups × No hedging/pledging/short sales of Company stock × No dividends paid on unvested shares × No options/stock appreciation rights, or SARs, granted below fair market value × No supplemental retirement benefits × No repricing or cash out of underwater options/SARs without stockholder approval × No excessive severance or excessive perquisites × No single-trigger change-in-control arrangements × No guaranteed salary increases, bonuses or long-term incentive awards Williams-Sonoma, Inc."},{"id":"e20","sourceId":"filing-6","location":"Other information / Bhargava separation payments and equity acceleration","excerpt":"Bhargava will be eligible for the following payments and benefits, all less applicable withholdings and deductions: (i) payments of $1,571,400 (including legal fees); (ii) the acceleration of vesting of 25,370 restricted stock units; (iii) the acceleration of vesting of 9,580 performance stock units to be issued on March 15, 2027; and (iv) payments of $34,362 to cover the cost of health care coverage for up to 18 months."},{"id":"e21","sourceId":"filing-3","location":"Corporate governance / Fiscal 2025 director attendance","excerpt":"Each incumbent Director attended at least 75% of the aggregate of (i) the total number of meetings of the Board held during the period of fiscal 2025 and (ii) the total number of meetings held by all committees of the Board on which such Director served during the period of fiscal 2025 that such Director served, and average Board and Committee meeting attendance for all Directors was 97%."},{"id":"e22","sourceId":"filing-3","location":"Corporate governance / Current Audit and Finance Committee independence","excerpt":"Williams-Sonoma, Inc. | 2026 Proxy Statement | Page 15 Table of Contents Audit and Finance Committee Current Members Responsibilities Frits van Paasschen, Chair Esi Eggleston Bracey Andrew Campion William Ready Independence The Board has determined that each member of the Audit and Finance Committee is independent under the currently effective NYSE rules and Rule 10A-3 of the Securities Exchange Act of 1934, as amended, or the Exchange Act."},{"id":"e23","sourceId":"filing-3","location":"Appendix A / Historical freight-expense error","excerpt":"| 2026 Proxy Statement | Page A-1 Appendix A First Quarter 2024 Out-of-Period Freight Adjustment Subsequent to the filing of our fiscal 2023 Form 10-K, in April 2024, we determined that we over-recognized freight expense in fiscal 2021, 2022 and 2023 for a cumulative amount of $49 million."},{"id":"e24","sourceId":"filing-3","location":"Appendix A / Assessment of prior-period misstatement materiality","excerpt":"We evaluated the error, both qualitatively and quantitatively, and determined that no prior interim or annual periods were materially misstated."},{"id":"e25","sourceId":"filing-3","location":"Director compensation / Ownership-policy compliance as of April 21, 2026","excerpt":"As of April 21, 2026, all of our Directors have satisfied the ownership requirements or have been on the Board for less than five years."},{"id":"e26","sourceId":"filing-1","location":"Segment disclosures / Fiscal 2023–2025 revenue and operating income","excerpt":"The following table summarizes reported net revenues, significant segment expenses, operating income and earnings before income taxes for fiscal 2025, fiscal 2024 and fiscal 2023: For the Fiscal Year Ended (In thousands) February 1, 2026 February 2, 2025 January 28, 2024 Net revenues $ 7,806,816 $ 7,711,541 $ 7,750,652 Less: Cost of merchandise and shipping 3,383,429 3,336,102 3,632,761 Occupancy, excluding depreciation 591,678 567,602 584,469 Employment 1,254,658 1,227,305 1,167,024 Advertising 552,587 567,723 502,245 Other segment items 1 378,891 354,914 389,938 Depreciation and amortization expense 229,851 227,712 230,022 Operating income $ 1,415,722 $ 1,430,184 $ 1,244,193 Interest income, net 36,838 55,548 29,162 Earnings before income taxes $ 1,452,560 $ 1,485,732 $ 1,273,355 1Other segment items within operating income include general expenses, which consist primarily of credit card fees, data processing expenses and administrative expenses."},{"id":"e27","sourceId":"filing-3","location":"Compensation Committee letter / Management market-share claim","excerpt":"Given the challenging macroeconomic backdrop, including the evolving tariff landscape and the continuation of elevated interest rates and a slow housing market, we are pleased by our gain in market share and our strong operating margins and record earnings per share."}],"changes":["Retains the previous uncertain moat verdict and mixed pricing-power assessment.","Adds assessments supported by actual compensation grants, performance conditions, director ownership compliance and governance disclosures; also incorporates separation-related equity acceleration and the historical freight-expense error."],"limitations":["All evidence is issuer-supplied. Market-share gains, pricing power and operating-model superiority are management assertions; reported results support operating performance without establishing their competitive causes.","No named competitors are identified as competitors in the supplied passages. Other named companies appear in unrelated contexts; competitor arrays therefore remain empty.","No customer cohort, repeat-purchase rate, price-volume decomposition or quantified price premium is supplied. Retention is assessed indirectly from comparable revenue, brand demand and reward mechanics.","Targeted price increases demonstrate some price-setting discretion, but customer pricing contracts and restrictions are not disclosed sufficiently to grade contractual freedom.","The supplied proxy supports existing incentive and governance practices, but does not establish executive beneficial ownership or subsequent election and advisory-vote outcomes.","Sources retain dateKind filed; their dates are filing dates. First-half fiscal 2026 statements are unaudited, and tariff-refund recognition complicates comparison of operating performance."],"qualityAssessments":[{"category":"moat","checks":[{"criterion":"structural_advantage","grade":null,"rationale":"Brands and protected designs establish differentiation, but their protection against substitution and replication is insufficiently demonstrated. Operating efficiencies lack a competitor cost comparison.","evidenceIds":["e1","e3","e5","e7","e10"]},{"criterion":"durability","grade":null,"rationale":"Trademark continuity and patent terms establish legal duration, not durable economic rents. Brand revenue histories do not resolve that distinction.","evidenceIds":["e2","e4","e9"]},{"criterion":"customer_dependency","grade":null,"rationale":"Rewards encourage future purchases, but the passages do not establish material switching friction or customer dependence.","evidenceIds":["e13","e14"]},{"criterion":"erosion_resilience","grade":null,"rationale":"Demand growth and efficiencies coexist with merchandise-margin pressure. These results cannot establish whether a structural advantage resists erosion; generic competitive risks are not realized competitive losses.","evidenceIds":["e5","e6","e8","e10"]}]},{"category":"pricing_power","checks":[{"criterion":"realized_pricing","grade":2,"rationale":"Targeted increases and management's historical cost-mitigation account support some pricing capability. First-half fiscal 2026 merchandise-margin compression of 160 basis points shows incomplete cost recovery. Realized pricing is mixed; price and volume effects are not separated.","evidenceIds":["e10","e11","e12"]},{"criterion":"retention","grade":2,"rationale":"Fiscal 2025 comparable growth across core brands and first-half fiscal 2026 brand sales growth support continuing demand indirectly. Rewards encourage repeat purchases, but neither those mechanics nor aggregate revenue establishes customer-level retention; Pottery Barn's earlier sales declines temper the evidence.","evidenceIds":["e5","e6","e9","e13","e14"]},{"criterion":"margin_resilience","grade":2,"rationale":"Supply-chain efficiencies and occupancy leverage offset part of tariff pressure. However, the first-half gross-margin increase of 220 basis points includes 310 basis points from net tariff refunds, implying a 90-basis-point decline without that benefit. Multi-year operating results provide additional evidence of resilience, but do not establish strong pricing protection.","evidenceIds":["e10","e26"]},{"criterion":"contractual_freedom","grade":null,"rationale":"Targeted price increases indicate discretion over some prices. The passages do not adequately disclose customer pricing commitments, repricing rights or contractual constraints to assess this criterion.","evidenceIds":["e11"]}]},{"category":"strong_management","checks":[{"criterion":"capital_discipline","grade":3,"rationale":"First-half fiscal 2026 operating cash flow of $695.9 million covered $116.4 million of capital expenditures and $463.2 million of repurchases and dividends, with no revolving credit borrowings. Diluted weighted-average shares also fell year over year. This demonstrates funding discipline, while working-capital movements contributed to cash generation and repurchase valuation remains unproven.","evidenceIds":["e15","e16","e6"]},{"criterion":"incentive_alignment","grade":2,"rationale":"Actual equity grants, multi-year revenue, EPS, cash-flow and return metrics, and disclosed clawback and trading safeguards support alignment. Director ownership compliance provides additional evidence. Separation benefits including accelerated RSUs and PSUs weaken a strict performance-contingency interpretation; executive ownership levels and realized PSU payouts are not supplied.","evidenceIds":["e17","e18","e19","e20","e25"]},{"criterion":"execution","grade":3,"rationale":"Reported comparable growth across core brands, subsequent brand sales growth, supply-chain efficiencies and cash-funded investment demonstrate execution. This is inferred from operating outcomes rather than customer-service measurements. Tariff refunds inflate recent earnings comparisons, and the claimed market-share gain is not independently quantified.","evidenceIds":["e5","e6","e10","e15","e27"]},{"criterion":"governance","grade":2,"rationale":"Actual director attendance, current audit-committee independence and compensation safeguards support functioning oversight. The historical $49 million freight-expense error is contrary evidence, although the issuer determined prior periods were not materially misstated. These disclosures support a mixed assessment rather than exceptional governance.","evidenceIds":["e19","e21","e22","e23","e24"]}]}],"financialAssessments":[],"qualityPolicy":"quality-scores-2","sourcePolicy":"issuer-evidence-4","basisHash":"622133db1a4e0ffe9c167b7a1076d958f7a2493f3952345cce26cd59a9ce0b17","updatedAt":"2026-10-18T14:00:53.657Z","sources":[{"id":"filing-1","url":"https://www.sec.gov/Archives/edgar/data/719955/000071995526000059/wsm-20260201.htm","publishedAt":"2026-03-26","sha256":"d0e11ed8252f0159d3893deb1892ded4099697c467c39b8a63870e7f90c80c85","dateKind":"filed"},{"id":"filing-2","url":"https://www.sec.gov/Archives/edgar/data/719955/000071995526000208/wsm-20260802.htm","publishedAt":"2026-08-28","sha256":"99b50d35330fac8e5291364fa7c9bbdf0e3ad6ce431e1d4476f846234f71655c","dateKind":"filed"},{"id":"filing-3","url":"https://www.sec.gov/Archives/edgar/data/719955/000071995526000109/wsm-20260506.htm","publishedAt":"2026-05-06","sha256":"cf4e0af77f5b60e5aeab850f70c75a120562eca54f316876ef07a720e237ddf9","dateKind":"filed"},{"id":"filing-4","url":"https://www.sec.gov/Archives/edgar/data/719955/000162828025015037/wsm-20250202.htm","publishedAt":"2025-03-27","sha256":"6271c6333e3db43d3f546cf66c60631aefeb32767ab187218bc0308577bf01e6","dateKind":"filed"},{"id":"filing-5","url":"https://www.sec.gov/Archives/edgar/data/719955/000162828024012221/wsm-20240128.htm","publishedAt":"2024-03-20","sha256":"5c4cfc417fa3a4acd17b5c8cf825794abf84cd4dc347f17b6f6936d574c2ec64","dateKind":"filed"},{"id":"filing-6","url":"https://www.sec.gov/Archives/edgar/data/719955/000071995526000131/wsm-20260503.htm","publishedAt":"2026-05-22","sha256":"e1a441b6ba05293c81d57f3659c997260916ad449408832489dcdbf237a8d16a","dateKind":"filed"}],"model":"gpt-6.1-sol","providerId":"codex:3e098ffa1d30f215ea9dc932c4892148d3eda0e470bd0e38754cbf77f641cd0e","usage":{"input_tokens":80055,"cached_input_tokens":21120,"cache_write_input_tokens":0,"output_tokens":3034,"reasoning_output_tokens":151},"basisSupplement":{"previousHash":"49be5ba641ce2e376c4b58e4de36cd5f6f5e4269be6664df25f0d4b3eca311eb","checkedAt":"2026-10-18T16:49:32.080Z","rule":"dated historical and missing inputs only; accepted observations and research date retained"}},"signals":[{"period":"2022","end":"2022-01-30","values":{"gross_margin":44.04549101521041,"operating_margin":17.622208079228365,"roic":null,"fcf_margin":13.881140964470253,"sbc_revenue":1.154993199074065},"issues":{"ev_sales":"Reported borrowing balances are unavailable in the extracted statements for this period.","ev_ebitda":"Reported borrowing balances are unavailable in the extracted statements for this period.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","roic":"Reported borrowing balances are unavailable in the extracted statements for this period.","roiic":"Reported borrowing balances are unavailable in the extracted statements for this period.","roic_wacc":"Enter a WACC assumption from 0 to 100%.","debt":"Reported borrowing balances are unavailable in the extracted statements for this period.","net_debt":"Reported borrowing balances are unavailable in the extracted statements for this period.","debt_equity":"Reported borrowing balances are unavailable in the extracted statements for this period.","debt_assets":"Reported borrowing balances are unavailable in the extracted statements for this period.","net_debt_ebitda":"Reported borrowing balances are unavailable in the extracted statements for this period.","debt_fcf":"Reported borrowing balances are unavailable in the extracted statements for this period.","interest_coverage":"The reported inputs required for this metric are unavailable in the extracted statements for this period."}},{"period":"2023","end":"2023-01-29","values":{"gross_margin":42.39746601990659,"operating_margin":17.274036975626146,"roic":null,"fcf_margin":8.054777629436076,"sbc_revenue":1.0406232488016198},"issues":{"pfcf_growth":"TTM FCF per diluted share growth is zero or negative; 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a growth-adjusted multiple requires positive growth.","ev_sales":"Reported borrowing balances are unavailable in the extracted statements for this period.","ev_ebitda":"Reported borrowing balances are unavailable in the extracted statements for this period.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","roic":"Reported borrowing balances are unavailable in the extracted statements for this period.","roiic":"Reported borrowing balances are unavailable in the extracted statements for this period.","roic_wacc":"Enter a WACC assumption from 0 to 100%.","debt":"Reported borrowing balances are unavailable in the extracted statements for this period.","net_debt":"Reported borrowing balances are unavailable in the extracted statements for this period.","debt_equity":"Reported borrowing balances are unavailable in the extracted statements for this period.","debt_assets":"Reported borrowing balances are unavailable in the extracted statements for this period.","net_debt_ebitda":"Reported borrowing balances are unavailable in the extracted statements for this period.","debt_fcf":"Reported borrowing balances are unavailable in the extracted statements for this period.","interest_coverage":"The reported inputs required for this metric are unavailable in the extracted statements for this period."}},{"period":"2025","end":"2025-02-02","values":{"gross_margin":46.45373732694931,"operating_margin":18.546020827743767,"roic":null,"fcf_margin":14.765596137010748,"sbc_revenue":1.2835696522912867},"issues":{"pfcf_growth":"TTM FCF per diluted share growth is zero or negative; a growth-adjusted multiple requires positive growth.","ev_sales":"Reported borrowing balances are unavailable in the extracted statements for this period.","ev_ebitda":"Reported borrowing balances are unavailable in the extracted statements for this period.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","roic":"Reported borrowing balances are unavailable in the extracted statements for this period.","roiic":"Reported borrowing balances are unavailable in the extracted statements for this period.","roic_wacc":"Enter a WACC assumption from 0 to 100%.","debt":"Reported borrowing balances are unavailable in the extracted statements for this period.","net_debt":"Reported borrowing balances are unavailable in the extracted statements for this period.","debt_equity":"Reported borrowing balances are unavailable in the extracted statements for this period.","debt_assets":"Reported borrowing balances are unavailable in the extracted statements for this period.","net_debt_ebitda":"Reported borrowing balances are unavailable in the extracted statements for this period.","debt_fcf":"Reported borrowing balances are unavailable in the extracted statements for this period.","interest_coverage":"The reported inputs required for this metric are unavailable in the extracted statements for this period."}},{"period":"2026","end":"2026-02-01","values":{"gross_margin":46.15263123916332,"operating_margin":18.13443534470391,"roic":null,"fcf_margin":13.519609018580686,"sbc_revenue":1.3644743260248482},"issues":{"pfcf_growth":"TTM FCF per diluted share growth is zero or negative; a growth-adjusted multiple requires positive growth.","ev_sales":"Reported borrowing balances are unavailable in the extracted statements for this period.","ev_ebitda":"Reported borrowing balances are unavailable in the extracted statements for this period.","software_capex":"Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.","roic":"Reported borrowing balances are unavailable in the extracted statements for this period.","roiic":"Reported borrowing balances are unavailable in the extracted statements for this period.","roic_wacc":"Enter a WACC assumption from 0 to 100%.","debt":"Reported borrowing balances are unavailable in the extracted statements for this period.","net_debt":"Reported borrowing balances are unavailable in the extracted statements for this period.","debt_equity":"Reported borrowing balances are unavailable in the extracted statements for this period.","debt_assets":"Reported borrowing balances are unavailable in the extracted statements for this period.","net_debt_ebitda":"Reported borrowing balances are unavailable in the extracted statements for this period.","debt_fcf":"Reported borrowing balances are unavailable in the extracted statements for this period.","interest_coverage":"The reported inputs required for this metric are unavailable in the extracted statements for this period."}}],"sources":[{"id":"filing-1","url":"https://www.sec.gov/Archives/edgar/data/719955/000071995526000059/wsm-20260201.htm","publishedAt":"2026-03-26","sha256":"d0e11ed8252f0159d3893deb1892ded4099697c467c39b8a63870e7f90c80c85","dateKind":"filed"},{"id":"filing-2","url":"https://www.sec.gov/Archives/edgar/data/719955/000071995526000208/wsm-20260802.htm","publishedAt":"2026-08-28","sha256":"99b50d35330fac8e5291364fa7c9bbdf0e3ad6ce431e1d4476f846234f71655c","dateKind":"filed"},{"id":"filing-3","url":"https://www.sec.gov/Archives/edgar/data/719955/000071995526000109/wsm-20260506.htm","publishedAt":"2026-05-06","sha256":"cf4e0af77f5b60e5aeab850f70c75a120562eca54f316876ef07a720e237ddf9","dateKind":"filed"},{"id":"filing-4","url":"https://www.sec.gov/Archives/edgar/data/719955/000162828025015037/wsm-20250202.htm","publishedAt":"2025-03-27","sha256":"6271c6333e3db43d3f546cf66c60631aefeb32767ab187218bc0308577bf01e6","dateKind":"filed"},{"id":"filing-5","url":"https://www.sec.gov/Archives/edgar/data/719955/000162828024012221/wsm-20240128.htm","publishedAt":"2024-03-20","sha256":"5c4cfc417fa3a4acd17b5c8cf825794abf84cd4dc347f17b6f6936d574c2ec64","dateKind":"filed"},{"id":"filing-6","url":"https://www.sec.gov/Archives/edgar/data/719955/000071995526000131/wsm-20260503.htm","publishedAt":"2026-05-22","sha256":"e1a441b6ba05293c81d57f3659c997260916ad449408832489dcdbf237a8d16a","dateKind":"filed"}],"history":[{"version":4,"updatedAt":"2026-10-18T16:49:32.080Z","verdict":"uncertain","value":null},{"version":3,"updatedAt":"2026-10-18T16:35:43.872Z","verdict":"uncertain","value":null},{"version":2,"updatedAt":"2026-10-18T02:27:49.793Z","verdict":"uncertain","value":null},{"version":1,"updatedAt":"2026-10-18T02:18:02.026Z","verdict":null,"value":null}],"hasRequested":false,"requestStatus":"completed","researchIssue":null,"archivedMoat":null,"scope":"supported_catalog"}