Williams-Sonoma, Inc. (WSM) is scheduled to release first-quarter fiscal 2025 results on May 22, before market open.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 12.7% and increased 20.6% year over year. Revenues of this multi-channel specialty retailer of premium-quality home products beat the consensus mark by 5.4% and increased 8% year over year.Williams-Sonoma reported better-than-expected earnings in each of the last four quarters, the average surprise being ...

Core Insights - CAVA Group, Inc. reported strong first-quarter fiscal 2025 results, with earnings and revenues exceeding expectations, showing year-over-year growth [1][2] Financial Performance - Adjusted earnings per share (EPS) for the quarter were 22 cents, surpassing the consensus estimate of 14 cents, and up from 10 cents in the prior-year quarter [2] - Quarterly revenues reached $331.8 million, exceeding the consensus mark by 0.4% and reflecting a 28.1% increase year-over-year, driven by a 10.8% rise in same-restaurant sales and contributions from 73 new restaurant openings [2] Operating Highlights - General and administrative expenses were $41.4 million, representing 12.5% of revenues, down from 13.1% in the prior-year quarter [3] - Excluding equity-based compensation, these expenses were $34.7 million (10.5% of revenues), compared to $28.7 million (11.1%) in the same period last year, with a 60 basis point improvement attributed to sales leverage [4] Profitability Metrics - Adjusted EBITDA was reported at $44.9 million, an increase from $33.9 million in the prior-year quarter, with an adjusted EBITDA margin of 13.5% compared to 12.9% previously [5] - Restaurant-level profit margin was 25.1%, slightly down from 25.2% in the first quarter of fiscal 2024, impacted by higher input costs and wage investments, partially offset by higher sales leverage [6] Balance Sheet - As of April 30, 2025, cash and cash equivalents stood at $289.4 million, down from $366.1 million as of December 29, 2024, while total liabilities increased to $502.2 million from $474.1 million [7] Fiscal 2025 Outlook - CAVA plans to open 64-68 net new restaurants, an increase from the previous range of 62-66, with same-restaurant sales growth expected between 6-8% [8] - The anticipated restaurant-level profit margin is projected to be between 24.8% and 25.2%, with pre-opening costs estimated at $14.5 million to $15.5 million [9]

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