Williams-Sonoma, Inc. management check

WSM · Consumer Discretionary · Homefurnishing Retail · CEO Laura Alber

Filings as of

79
Management score, ranked 69th of 487Strongest: owner returns. Weakest: CEO cost. See the best and worst run in Consumer Discretionary →

6 good · 0 to watch · 1 flagged, across the seven questions below.

  • Good

    Have owners done well?

    Beat its chosen peers

    $100 invested at the start of fiscal 2022 grew to $349, against $164 for the peer group the company picked itself.

  • Good

    Does pay follow performance?

    Pay rose and fell with returns

    Over 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.61 with shareholder return. 1 means pay moved in step; below 0, the opposite way.

  • Flag

    What does the CEO cost owners?

    3.1% of net income

    $33.3m of reported pay in fiscal 2026, against $1.1bn of net income.

  • Good

    Do they own the stock?

    CEO stake ≈ 5.9 years of pay

    The CEO holds 883,814 shares, directly or through trusts (unvested awards not counted): about 5.9 years of pay. Light activity: no buys, $23.7m sold in six months. 30 of 30 sales ran on pre-arranged 10b5-1 plans.

  • Good

    Are owners being diluted?

    Share count shrinking

    Diluted shares changed -2.9% a year over the last three fiscal years. Stock-based pay was 1.4% of revenue in the latest year.

  • Good

    Is leadership stable?

    3 leadership filings in 3 years

    CEO in the pay table: Laura Alber. 3 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.

  • Good

    Are the books clean?

    No red flags on file

    No restatements, auditor changes or late filings since 2021.

Against the S&P 500

Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Consumer Discretionary.

CheckScoreAt or aboveSector median
Owner returns100100%70
Pay for performance8045%79
CEO cost1019%44
Skin in the game7475%36
Dilution8678%74
Stable leadership100100%80
Clean books100100%100

Closest peers

Nearest in rank in Consumer Discretionary, by management score. Williams-Sonoma, Inc. is 9th of 47 in its sector.

  1. 52TPRTapestry, Inc.80
  2. 54LOWLowe's80
  3. 67DECKDeckers Brands79
  4. 69WSMWilliams-Sonoma, Inc.79
  5. 74EXPEExpedia Group78
  6. 90AMZNAmazon77

Pay versus performance

From the proxy statement filed May 6, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.

CEO pay by fiscal yearAs reported Actually paid
$0$66.1m$132.5m20222023202420252026
What $100 becameCompany Peer group
$10020222023202420252026$349
Fiscal yearCEOCEO payActually paidOther executives (avg)$100 becamePeersNet income
2026Laura Alber$33.3m$56.2m$5.2m$349$164$1.1bn
2025Laura Alber$27.7m$132.5m$5.3m$355$161$1.1bn
2024Laura Alber$23.7m$65.3m$6.2m$173$115$950.0m
2023Laura Alber$17.3m−$164k$5.6m$102$89$1.1bn
2022Laura Alber$21.3m$78.8m$6.4m$122$109$1.1bn

The board says pay is tied most to Adjusted EPS. Its other key measures: •Adjusted EPS, •Revenue (3-year CAGR), •EPS (3-year CAGR), •Operating Cash Flow (3-year average), •Adjusted ROIC (3-year average).

Insiders and the CEO's stake

Laura Alber (PRESIDENT & CEO) held 883,814 shares directly after their latest Form 4 on Sep 16, 2026, roughly $197.0m at that filing's price.

Light activity: no buys, $23.7m sold in six months. 30 of 30 sales ran on pre-arranged 10b5-1 plans.

  • SoldLaura AlberPRESIDENT & CEO · 10b5-1 plan$21.9mSep 16, 2026
  • SoldKaralyn YearoutEVP CHIEF TALENT OFFICER · 10b5-1 plan$864kOct 9, 2026
  • SoldJeffrey HowieEVP CHIEF FINANCIAL OFFICER · 10b5-1 plan$672kSep 16, 2026
  • SoldAnne A. FinucaneDirector · 10b5-1 plan$200kOct 16, 2026

Leadership and governance on file

Latest shareholder vote results: Jun 22, 2026, including the say-on-pay vote.

Where the money went

Over 2021–2025: $5.0bn returned to owners in buybacks and dividends, 92% of net income, and $475.8m of pay in stock.

Fiscal year20212022202320242025
Revenue$8.2bn$8.7bn$7.8bn$7.7bn$7.8bn
Net income$1.1bn$1.1bn$950.0m$1.1bn$1.1bn
Stock-based pay$95.2m$90.3m$84.8m$99.0m$106.5m
Buybacks$899.4m$880.0m$313.0m$807.5m$854.0m
Dividends$187.5m$217.3m$232.5m$280.1m$316.5m
Diluted shares76m138m131m128m123m

Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.