Williams-Sonoma has signed a franchise agreement to expand into Mexico, with its first Mexican store expected to open in 2015.
Williams-Sonoma Inc. reported that its third quarter income rose 4% to $50.7 million from $48.9 million in the year-ago period, in line with forecasts.
Williams-Sonoma Inc. has shuffled the positions of several top executives.
Williams-Sonoma had a strong first quarter of fiscal 2014, with net income climbing 17% to a better-than-expected $46.16 million from $39.17 million.
Williams-Sonoma reported better-than-expected second-quarter profit amid same-strong sales.
Williams-Sonoma said Thursday it has launched a new direct-to-consumer gifts and accessories brand called Mark and Graham.
Williams-Sonoma has named Julie Whalen as permanent CFO. Whalen replaces Sharon McCollam, who retired in March.
Williams-Sonoma Inc. reported Thursday that profit for the third quarter rose 19% to $43.4 million, from $36.5 million in the same period last year.
A Friday report by the United Kingdom’s The Independent newspaper said that San Francisco-based Williams-Sonoma is planning a U.K. launch in 2012.
Williams-Sonoma reported Thursday that net income for the quarter ended May 1 jumped 62% to $31.6 million, from $19.5 million a year earlier, topping company expectations.
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