March 20, 2013 at 13:42 PM EDT
Williams-Sonoma Says Strong Online Sales Helped Q4
Williams-Sonoma shares soared more than 11% in the stock market today after the home goods retailer posted fourth-quarter profit that beat views late Tuesday amid strong online sales, hiked its dividend and announced a hefty buyback program. The operator of the namesake, West Elm and Pottery Barn home goods chains said it earned $1.34 a share in the holiday quarter, ahead of views by analysts polled by Thomson Reuters for $1.29 cents a share.
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