India, March 13 -- Luxury home furnishing retailer Williams-Sonoma Inc. (WSM) reported Wednesday fourth-quarter net earnings of $354.44 million or $5.44 per share, compared to $354.99 million or $5.28 per share in the prior-year quarter.
On average, 21 analysts polled by Thomson Reuters expected the company to report earnings of $5.12 per share for the quarter. Analysts' estimates typically exclude one-time items.
Net revenues for the quarter decreased to $2.28 billion from $2.45 billion in the same quarter last year. Analysts had a consensus revenue estimate of $2.23 billion for the quarter.
Comparable brand revenue declined 6.8 percent.
Looking ahead to fiscal 2024, the company now projects net revenue between a decline of 3 percent a...