Williams-Sonoma Inc. announced unaudited consolidated earnings results for the first quarter ended May 5, 2013. For the quarter, the company net revenues of $887,808,000 compared to $817,614,000 for the same period a year ago. Operating income was $63,783,000 compared to $49,323,000 for the same period a year ago. Earnings before income taxes were $63,972,000 compared to $49,514,000 for the same period a year ago. Net earnings were $39,466,000 or $0.40 per basic and diluted share compared to $30,716,000 or $0.30 per diluted share for the same period a year ago. Net cash used in operating activities was $59,822,000 compared to $20,737,000 for the same period a year ago. Purchases of property and equipment were $47,444,000 compared to $27,819,000 for the same period a year ago. Non-GAAP operating income excluding unusual business events was $66,719,000 compared to $56,313,000 for the same period a year ago. Non-GAAP diluted earnings per share grew 21% to $0.41 from $0.34 last year. For the quarter, net revenues increased 8.6% with comparable brand revenues increasing 7.2%. The company provided earnings guidance for the second quarter and raised earnings guidance for the full year of fiscal 2013. For the quarter, the company expects to report GAAP diluted EPS between $0.43 and $0.46. Non-GAAP diluted EPS excluding unusual business events expected to be between $0.43 and $0.46. Net revenues in the second quarter of fiscal 2013 are expected to be in the range of $920 million to $940 million. Comparable brand revenue growth is expected to be in the range of 4% to 6%. Based on the company’s results to date and continued confidence in the full year, the company is raising its fiscal year 2013 revenues to a range of $4.22 billion to $4.30 billion and non-GAAP diluted EPS excluding unusual business events to a range of $2.67 to $2.77. For the year, the company expects to report GAAP diluted EPS between $2.66 and $2.76. Comparable brand revenue growth is expected to be in the range of 4% to 6%. Income tax rate expected to be between 38.2% and 38.6%. Capital spending expected to be between $200 million and $220 million. Depreciation and amortization expected to be between $150 million and $160 million. The company now expects fiscal 2013 non-GAAP diluted earnings per share growth at the high end of the range. This revised diluted earnings per share guidance raises the range by $0.02 after including the impact of a financial investment in accelerated global expansion. For the fiscal year 2013, the company expects to open total 28 new stores. For the fiscal year 2013, the company expects to close total 25 stores.

Williams-Sonoma Inc. plans to open 11 West Elm stores in 2013, which include first location in French-speaking Canada in the Griffintown neighborhood of Montreal, the company's Melbourne location and the company's recently opened Sydney store. The London location will be the company's first West Elm in the U.K. It is now expected to open in late 2013.

Williams-Sonoma Inc. has expanded its call center in North Texas. The retailer has signed a lease for 6,653 square feet of office space at The Cascades in The Colony, expanding its space to 15,523 square feet. In 2011, an affiliate of Williams-Sonoma signed its original lease.