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Empresas y finanzas

Williams-Sonoma blows past quarterly estimates


    NEW YORK/DETROIT (Reuters) - Upscale home-goods chain Williams-Sonoma Inc posted a far stronger-than-expected quarterly profit as it used mailers and exclusive merchandise to lure more shoppers.

    The operator of Williams-Sonoma cookware stores and the Pottery Barn furnishings chain said net profit was $30.8 million, or 28 cents a share, in the second quarter ended on August 1, compared with $399,000, or break-even per share, a year earlier.

    Excluding items, the company earned 31 cents a share. Analysts on average were expecting 22 cents, according to Thomson Reuters I/B/E/S.

    Net sales rose 15.4 percent to $776 million, beating analysts' estimates of $757.9 million.

    (Reporting by Ben Klayman in Detroit and Dhanya Skariachan in New York; Editing by Lisa Von Ahn)