08:26 AM EDT, 05/22/2024 (MT Newswires) -- Williams-Sonoma ( WSM ) reported fiscal Q1 non-GAAP earnings Wednesday of $4.07 per diluted share, up from $2.64 a year earlier.

Analysts polled by Capital IQ expected $2.73.

Net revenue for the quarter ended April 28 was $1.66 billion, down from $1.76 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.65 billion.

The company said it continues to expect fiscal 2024 net revenue to range between a fall of 3% and a 3% increase

Shares of the company were up 7.2% in premarket activity.

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