Financial Release
06/22/06 | Williams-Sonoma, Inc. Declares Quarterly Cash Dividend
| PRESS RELEASE WILLIAMS-SONOMA, INC. 3250 Van Ness Avenue San Francisco, CA 94109 |
CONTACT: |
FOR IMMEDIATE RELEASE
Williams-Sonoma, Inc. Declares Quarterly Cash Dividend
San Francisco, CA, June 22, 2006 – Williams-Sonoma, Inc. (NYSE: WSM) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per common share. The dividend is payable on August 24, 2006 to shareholders of record as of the close of business on July 27, 2006. The expected payout is estimated at approximately $11.5 million based on the current number of outstanding common shares.
q FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements include statements related to the cash dividend.
The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include the risk that we may not be able to pay the cash dividend as we currently expect and other risks and uncertainties described more fully in our public announcements, reports to shareholders and other documents filed with or furnished to the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended January 29, 2006 and all subsequent current reports on Form 8-K and quarterly reports on Form 10-Q. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.
q ABOUT WILLIAMS-SONOMA
Williams-Sonoma, Inc. is a nationwide specialty retailer of high quality products for the home. These products, representing seven distinct merchandise strategies – Williams-Sonoma, Pottery Barn, Pottery Barn Kids, PBteen, West Elm, Williams-Sonoma Home, and Hold Everything – are marketed through 569 stores, eight mail order catalogs and six e-commerce websites.