SEGMENT REPORTING (Tables)

3 Months Ended

May 03, 2026

Segment Reporting [Abstract]

Segment Information

The following table summarizes reported net revenues, significant segment expenses, operating income and earnings before income taxes for the thirteen weeks ended May 3, 2026 and May 4, 2025.

	For the Thirteen Weeks Ended
(In thousands)	May 3, 2026		May 4, 2025
Net revenues	$	1,805,456	$	1,730,113
Less:
Cost of merchandise and shipping	808,475		766,635
Occupancy, excluding depreciation	148,284		141,829
Employment	286,687		270,430
Advertising	121,801		117,750
Other segment items 1	93,174		86,877
Depreciation and amortization expense	55,347		55,879
Operating income	291,688		290,713
Interest income, net	6,907		9,533
Earnings before income taxes	$	298,595	$	300,246

1Other segment items within operating income include general expenses, which consist primarily of credit card fees, data processing expenses and administrative expenses.

The following table summarizes our net revenues by brand for the thirteen weeks ended May 3, 2026 and May 4, 2025.

	For the Thirteen Weeks Ended 1
(In thousands)	May 3, 2026		May 4, 2025
Pottery Barn	$	708,447	$	695,092
West Elm	471,174		437,085
Williams Sonoma 2	271,542		257,493
Pottery Barn Kids and Teen	240,149		229,716
Other 3	114,144		110,727
Total 4	$	1,805,456	$	1,730,113
1Includes business-to-business net revenues within each brand.
2Includes Williams Sonoma Home net revenues.
3Primarily consists of net revenues from Rejuvenation, Mark and Graham, our international franchise operations, GreenRow and Dormify.
4Includes net revenues related to our international operations (including our operations in Canada, Australia, the United Kingdom, and our franchise businesses) of $73.4 million and $77.8 million for the thirteen weeks ended May 3, 2026 and May 4, 2025, respectively.

Summary of Long-lived Assets by Geographic Areas

Long-lived assets by geographic location, which excludes deferred income taxes, goodwill, and intangible assets, are as follows:

	As of
(In thousands)	May 3, 2026		February 1, 2026		May 4, 2025
U.S.	$	2,482,635	$	2,448,273	$	2,289,438
International	53,399		57,552		68,021
Total	$	2,536,034	$	2,505,825	$	2,357,459