Consumer nesting fueled quarterly and annual increases at home décor cataloger/retailer Williams-Sonoma. In addition to the namesake brand, the San Francisco-based company also mails the Pottery Barn, Pottery Barn Kids, Pottery Barn Bed + Bath, Hold Everything, and Chambers catalogs.
For the fiscal year ended Feb. 3, net income was $76.1 million, a 34%, jump from $56.8 million for fiscal 2000. Revenue climbed 15%, to $2.10 billion from $1.83 billion a year earlier. Catalog and online sales rose a more modest 5%, to $741.1 million. Direct-to-customer shipping fees rose nearly 17%, to $115.0 million.
Fourth-quarter net income rose 58%, to $70.4 million from $44.5 million the previous year. Revenue increased 17%, to $787.4 million from $673.2 million. Catalog and Internet sales rose 6%, to $238.9 million from $226.0 million.