Williams-Sonoma, Inc. Announces Temporary Store Closures

Williams-Sonoma, Inc. (NYSE: WSM), a leading home specialty retailer of high-quality, sustainable products for the home, announced today the temporary closure of all U.S. and Canada stores, effective 6pm local time, March 17, with a plan to reopen on April 2, 2020.

Laura Alber, President and Chief Executive Officer, commented, “Times like these remind us all that community comes first. Our thoughts are with all of the people affected by this devastating outbreak around the globe. After careful consideration, we have decided to temporarily close our stores in the U.S. and Canada, effective March 17, with a plan to reopen on April 2. Our e-commerce sites, distribution centers and customer care centers will remain open, and we will keep our online order pickup at curb side and ship from store, as local regulations allow. As the coronavirus situation evolves, we will adjust our plans as needed.”

Williams-Sonoma operates a portfolio of loved brands comprised of Williams Sonoma, Williams Sonoma Home, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Rejuvenation, and Mark and Graham.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or are proven incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements include statements relating to our plans for reopening stores and our plans to continue to operate our e-commerce sites. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include the risk that we are unable to open stores as currently planned, the scope and duration of the COVID-19 coronavirus and its impact on customer demand, and our ability to continue to operate our e-commerce sites uninterrupted.

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