Jeffrey Howie

Executive VP & CFO, Williams-sonoma

Search every verified Jeffrey Howie interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. On Williams-Sonoma's third quarter fiscal 2025 earnings call, Jeffrey Howie reported net revenue of $1.88 billion, representing a positive 4% comp. He stated that the impact from tariffs is taking longer than anticipated to flow through to gross margin, citing delayed effective dates and the company's frontloading of inventory. Howie noted that the company ended the quarter with $885 million in cash and no outstanding debt, generated $316 million in operating cash flow, and returned $347 million to shareholders. He also announced that the board approved an additional $1 billion share repurchase authorization. Howie said the company is raising its full-year operating margin guidance by 40 basis points to a range of 17.8% to 18.1%. He described the updated guidance as reflecting all tariffs in place as of the call, including those on furniture, China, India, Vietnam, and other regions. He added that the company is reiterating its long-term guidance of mid-to-high single-digit revenue growth with operating margins in the mid-to-high teens.