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Pottery Barn, West Elm To Drive Williams-Sonoma's Q2 Sales


Williams-Sonoma reports quarterly results after the bell on Wednesday and analysts are expecting good things to come from the home furnishing brand, which is also the parent company to Pottery Barn, West Elm and several smaller concepts. Wall Street is expecting Williams-Sonoma to post a profit of 53 cents a share, up 9% from the year-earlier period. Revenue is expected to rise 7% to slightly over $1 billion. Same store sales are expected to rise by 6.2%, according to Consensus Metrix, fueled by strong gains in its Pottery Barn and West Elm brands. Williams-Sonoma shares are up 28% this year compared to an 8% gain by the S&P 500.