Williams-Sonoma Inc (WSM)
Gross profit margin
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 3,303,600 | 3,677,730 | 3,631,960 | 2,636,270 | 2,139,090 |
| Revenue | US$ in thousands | 7,750,650 | 8,674,420 | 8,245,940 | 6,788,970 | 5,905,720 |
| Gross profit margin | 42.62% | 42.40% | 44.05% | 38.83% | 36.22% |
January 28, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $3,303,600K ÷ $7,750,650K
= 42.62%
The gross profit margin of Williams-Sonoma Inc has shown a general upward trend over the past five years, indicating improving profitability in terms of cost management and pricing strategies. The company's gross profit margin increased from 36.22% in February 2020 to 42.62% in January 2024. This improvement suggests that Williams-Sonoma has been effectively controlling its cost of goods sold while maintaining competitive pricing to generate higher margins on its products. Overall, the consistent growth in gross profit margin reflects positively on the company's operational efficiency and strategic positioning within the retail industry.