Financial Release

06/22/07 | Williams-Sonoma, Inc. Declares Quarterly Cash Dividend

PRESS RELEASE
WILLIAMS-SONOMA, INC.
3250 Van Ness Avenue
San Francisco, CA 94109

CONTACT:
Sharon L. McCollam
Executive Vice President, COO and CFO
(415) 616-8775

Stephen C. Nelson
Director, Investor Relations
(415) 616-8754

Erica Gutierrez
Investor Relations Administration
(415) 616-8332

 

FOR IMMEDIATE RELEASE

 

Williams-Sonoma, Inc. Declares Quarterly Cash Dividend

 

San Francisco, CA, June 22, 2007 – Williams-Sonoma, Inc. (NYSE: WSM) today announced that its Board of Directors has declared a quarterly cash dividend of $0.115 per common share.  The dividend is payable on August 24, 2007 to shareholders of record as of the close of business on July 27, 2007.  As of May 27, 2007, the Company had 110,631,834 shares of common stock outstanding.

 

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 28, 2007 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 six distinct merchandise strategies – Williams-Sonoma, Pottery Barn, Pottery Barn Kids, PBteen, West Elm and Williams-Sonoma Home – are marketed through 584 stores, seven mail order catalogs and six e-commerce websites.