afternoon good everyone. and you Thank
top our Felix announcing above Anwar, and Technology Yasir Today, significantly outperformance. of our Marketing of with Whalen, On EPS line are our the Julie Officer; growth me at call a high-end Chief substantial Chief margins guidance, quarter the results year we gross Financial last Officer. strong Chief and Officer; another with Carbullido, are
our all impact of excellence digital product strong business. platform positive with our leadership, and multi-brand of together multi-channel strategic powerful innovation, on initiatives retail parts our execution a Our operational having transformation and are
half margins our we Given first operating net year revenue the comp EPS. growth, full are the revenues, guidance results the are in and initiatives for momentum raising creating, and our of
in to revenues Let’s comp and billion Growth quarter also growth double-digit growth a a more improve our with quarter our continuing broad-based had results. our $X.XXX Elm Williams-Sonoma of second of and year-over-year. delivered quarter at X.X%. discuss was detail Pottery solid were the and second to growth high-end X.X%. quarter of the a Barn across comp Net in for towards acceleration brands brands all another guidance growth with comps West of X.X%. sequential comp
Mark Rejuvenation quarter. and Our and during gain growing Graham scale double-digits the continued emerging brands, to
progress strategic of to some Now, made against priorities. the highlights our moving on have we
digital we First, are technology. of cross-brand the cross-brand unlocking and our leadership, power initiatives platform through
Xx cross-brand our that QX, with average the the momentum. their quarter, continued value loyalty re-platformed have program, Xx enrollments to of This been at pace The customer spending program rewards. in Since gain as year Key tracking this last of we on Key,
user initiative. loyalty progress It’s of experience this and West experience, currently in to make In planning to technology, the Barn integration to continue our stores. we early opportunity continue Elm strong in and will growth We photorealistic in Ensemble, our see which space benefits of the Outward, substantial the our of Pottery all launch culminated live cross-brand improve we capture member on month. this
Customers accuracy. XD Built is version discovery, experience allowing brand enhanced drives homes drag-and-drop and cross-brand pieces the experience content that customized Pottery product QX, be Also will content experience results, the in off introduced information to product shopping and able customer-facing our create product making digital quality in and focuses more and conversion. be platform, plans, is available impressed content and own materially browse furnish the space particularly that September across assortments online a will We Outward’s creation. Ensemble customer-facing editorial customer spans pass we planning. inspirational reasons floor first before We space interactive confidence of a asset industry proprietary more pages buy. an photorealistic our and brands the their other photorealistic we build adding will the that and us are significantly in improved to to through their peak. shop in We with product by on the we the updated be Barn engaging to with product planner visualization where
and a introduced for that driving focus of customer-centric is on tool and revamped pages the solutions together deployed algorithmic brand per to breadth across frequently and engine dynamic homepage iterated layout the of This personalization. story we continues In increased rolled The new visual products. on West innovations recommendation also QX, communicate pioneer and will better multi-image season Elm shop-by-room the assortment. for digital visitor be bought a also and out to created, brands. We revenues
overhaul style. Among our shopping inspirational released learning we website. leverages are redesigned product Williams-Sonoma In the we our the machine enhancements, guided process also personalized to the the create tool, our algorithms based home the recommendations recognition to of better of on which customer’s homepage in Williams-Sonoma lifestyle imagery. We and an our image individual brand, showcase
technology in other to and We items the our visualize from customers Outward’s product assortment help settings. alongside different integrated also
Another across the marketing company is major shift mix. our
more to drive We are reach focus on to optimizing catalog digital mailings ROI higher efficiently. channel more
accelerated growth new the advertising results of digital with even past up Our demonstrate the success have product years and year. the strategies in our customers X we innovation over more. digital seen pace in These fastest investments over the quarter, customer double-digits
majority more our savings in-house, performance. the is digital with our cost We efficient are managed spend advertising becoming marketing better us now also as drive helping and of
to to on ad and relevancy with continue we drive the to and growth. Looking inspiration large profitable strong will digital customer and lifestyle design year, to partner to focus the units acquisition players balance test of
by are in also priority stores relocations We the strong and remodels experience. new of store our elevating stores, transformation investing pruning excellence suite retail in selectively underperforming gaining while and traction strategic and the of
the are its a to incomparable multi-channel a including key significant another total bringing market store XX to part stores multi-channel Rejuvenation to home with in stores of as X retail our in which products and an this total engage opened and customers of in QX, is We of our lighting and our real experience brand. open We locations becoming provide brand, a plan strategy Our quarter more they to a in hardware Williams-Sonoma stores to lifestyle added expand X track X continues high-end on to new our locations. life.
the strong profitability than X just payback fleet year. Our new are stores over with of performing generating a better
sales Our in stores. fleet and stores, also the of remodeled relocated annualized over double-digit averaging prior are growth outperforming,
in retail remodeled stores. particularly successful Pottery with been and relocated average have over Barn above the and Our stores prior driving strategies growth new profitability sales
we community area underperforming displays expand off in in a X Given performing space remodeled Santa and more in Williams-Sonoma, that expanded Monica, profitably, store planning fleet And outdoor these the is to X for we start. remodels new plans next engagement. wide Elm, of our In QX. further stores quarter. we an closed outdoor living X and part stores format more opened and for more year. of our West our for range store store closures strong a To collections we has This results, are have a that California for are as next optimize generation also planned open
impairment and announced points In closures This the of have for complete X which at an XX year. early subset addition, we lease been In X beginning the in entire stores, pursuing resulted the and annual in of early the generate of additional stores successfully QX, margin the we an this we of The closure aggressively of termination those terminated underperforming operating of underperforming we expenses additional would basis stores non-cash impaired stores. list expansion. when charges. lease
another product to would our talk differentiator about company. for innovation, like which is key I Now,
Pottery to expansions. exclusive brand, In we the start lead to summer and and we offerings quarter strong We merchandise market continue category impact a the with had high strong new are design, with season this a Barn fall. collaborations seeing
incremental which customers. grow and new to also continues attract We built double-digit Apartment, have PB including businesses,
the driving strong is collection upholstered and children’s recently, already also new bedding Barn momentum. is collection our better Pottery between GREENGUARD distinctly has that in Pottery Pottery gaining that to X aesthetics surpassed a organic. with reflects Modern to as nursery style sales more seeking parents certified customer style. well the customers is business safety also Barn curated collaboration of cross-brand high Pottery West Kids XXX% launched as successful unveiled expectations. new needs initial Barn We Barn’s all Our incremental Baby, quality décor is Pottery Barn meet their cotton and The know And modern Modern collection design the we response Baby Kids customer All The and growth. crafted our value. with wooden commitment contemporary and are that Elm furniture
in and and collections substantial launched furnishings opportunity design, that high-quality children’s opening plans at contemporary new also sustainably inventory quarters see have home are both in to reduced we points but and same point and expand we the We coming and Elm, In the our over the time West made. modern market as products products for overstocks.
customer in remained as decorating our continues business points acquisitions brand. accelerate, to growth Our new entry core furniture categories strong the driving and to
for products balance double-digits compelling our digital accelerated We growth the and which the another of collaborations, year, pipeline past exclusive customer e-commerce, over have has which strong season. to and four strong are in of up along product driving deliver should holiday quarters in core brand, with efforts new our In year-to-date. our the a to Williams-Sonoma marketing well assortments categories position
collaboration This quarter, particularly were Lauder and Instant our Pot with successful. Aerin
also additions products have Williams-Sonoma with broadened tools branded further businesses. to We and our food the
to operations. company sizable this and double-digit a of see We to In global see line as acquisition. our an we business, new pleased our driver quarter of continue important growth customer opportunity owned are in another growth
going continue in shop Lewis progress in the the and Barn Kids Pottery John make UK shop on in our We in Street the strong QX. the both flagship Oxford with launch to launching website live
locations partners around continue add to with franchise QX. Our locations opened world the X during
Asia total inventory entry focus all biggest our while overstocks our against commitment and and lastly, commercial to in stores clearance in improve Looking to initiative. inventory our Inventory X.X%. activities. will be in execute large make to single improvements Tighter we continued reducing drive Europe. side inventory reduced operational our profitability this we us our to to X.X%, to and our remains opportunity more and down cost reduce management to allowed growth profitability. We grew controls in bringing successfully aggressive on operational of And substantial multi-channel quarter, continue ahead, markets on our into excellence, progress businesses revenues
We price regular are marketing selling displays This is innovative and inspiring compelling digital in sales store products. driving resulting through higher and margins.
our We in-time will better more to including more inventory second frequent inventory from efficiency. and vendors one substantially in focus inventory DC improve our and transition managing effectively multiyear will our that flow on overseas to continue the half in-stocks,
drove reductions In supply improvements cost we across in personalization efficiency addition operations further including and manufacturing and domestic to the facility. our inventory upholstery management, chain, our
reduced We our damages year-to-date. have XX% also by
further We identified customer to have are encouraged and by improve innovation supply these drive service. chain results we and opportunities
outperformance platform further on Our of are to the levels summary, clearance gross execution multi-channel, that growth, lower priorities. also chain, the higher will progress continue Together sales aggressive margins. important supply make opportunities content, powerful well strong multi-brand selling optimization our top these and combination with of we line fleet products our these advantage our enable strong this able The expansion the deliver results of and to inspiring margin strategic retail as driving cut focused with as EPS quarter. reflect costs. compelling and to us we In are on along
on Our half and growth. the up the first us holiday season strong sets long-term future deliver execution to in important
full cross-brand our of our product year balance result Ensemble, our the our we new including guidance remodeled our positions chain in the raised a launches, and performance our improved gives as substantially and Our us today. over year supply confidence stores, inventory pipeline, innovative and optimization
would I to over QX our discuss financial Julie to Now, in the to results like detail. turn call