Williams-Sonoma has reported an uplift in sales for the fourth quarter, which management described as a “strong finish” to the year.

The company’s net revenue for the quarter ended February 2 grew 8 per cent to $2.462 billion, partly due to this quarter having one extra week compared to the year-ago period.

Comparable brand revenue, which excluded the impact of the additional week, rose 3.1 per cent, exceeding previous expectations.

Operating margin was also above estimates at 21.5 per cent, up by 140 basis points year-on-year. The company noted that the extra trading week contributed about 60 basis points.

“We are proud of our strong finish to 2024,” said Laura Alber, president and CEO. “This success was fueled by the strength of our operating model, our standout seasonal offerings, our impactful collaborations, and a strong improvement in both retail and online furniture sales.”

For the full year, net revenues were flat and comparable revenue was down 1.6 per cent. Meanwhile, net earnings rose 18 per cent to $1.125 billion.

The company expects net revenue growth to be in the range of -1.5 per cent to +1.5 per cent in FY25 due to one fewer trading week compared to FY24. Comparable sales are forecast to be flat or up 3 per cent.