The parent company of furniture retail brand West Elm has reported a growth in first quarter sales.

According to its latest trading update for the first quarter ended 4 May 2025, total group sales rose 3.4% to $1.7bn from $1.6bn in 2024.

Operating income stood at $290.7m, down from $317.1m, with net earnings resulting at $231.1m, also down from $260.4m.

West Elm sales rose 0.2% to $437m from $430.3m, while Williams Sonoma revenues increased 7.3% to $257.4m. Pottery Barn sales rose 2% to $695m.

In fiscal 2025, the group expects annual net revenues in the range of -1.5% to +1.5% due to the impact from the 53rd week in fiscal 2024, with comps in the range of flat to +3.0%; and an operating margin between 17.4% to 17.8%, inclusive of the impact from the 53rd week in fiscal 2024 of 20bps.

Laura Alber, President and Chief Executive Officer, commented: “We are proud to deliver strong results in the first quarter of 2025, driven by a positive top-line comp and continued strength in our profitability. In Q1, our comp came in above expectations at +3.4%. And, we exceeded profitability estimates with an operating margin of 16.8% and earnings per share of $1.85 with earnings growth of 8.8%. In the quarter, we saw an acceleration of the positive comp trend coming out of Q4, with all brands running positive comps.

“There is no doubt that existing macroeconomic and geopolitical uncertainties are a focal point for the market. But volatility is not new in our industry, and we are confident in our ability to adapt and navigate whatever lies ahead. Therefore, we are optimistic about 2025 as we continue our focus on product innovation and customer service.”

The group recently announced plans to expand Pottery Barn into the UK market. See related.