Williams-Sonoma, Inc. (WSM) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.117 Welcome to the Williams-Sonoma, Inc. Fourth Quarter and Fiscal Year 2025 Earnings Conference 00:00:05.117 -- 00:00:09.181 Call. At this time, all participants are in listen-only mode. 00:00:09.181 -- 00:00:13.406 A question-and-answer session will follow the conclusion of the prepared remarks. 00:00:13.406 -- 00:00:17.390 I would now like to turn the call over to Jeremy Brooks, Chief Accounting Officer and 00:00:17.390 -- 00:00:20.994 Head of Investor Relations. Please go ahead. 00:00:20.994 -- 00:00:24.538 Good morning, and thank you for joining our fourth quarter earnings call. 00:00:24.538 -- 00:00:28.963 Before we get started, I'd like to remind you that during this call, we will make forward-looking 00:00:28.963 -- 00:00:34.302 statements. with respect to future events and financial performance, including 00:00:34.302 -- 00:00:38.986 our annual guidance for fiscal 26 and our long-term outlook. 00:00:38.986 -- 00:00:41.948 We believe these statements reflect our best estimates. 00:00:41.948 -- 00:00:46.272 However, we cannot make any assurances these statements will materialize, 00:00:46.272 -- 00:00:50.675 and actual results may differ significantly from our expectations. 00:00:50.675 -- 00:00:56.320 The company undertakes no obligation to publicly update or revise any of these statements 00:00:56.320 -- 00:01:00.950 to reflect events or circumstances that may arise after today's call. 00:01:00.950 -- 00:01:05.517 Additionally, we will refer to certain non-GAAP financial measures. 00:01:05.517 -- 00:01:09.364 These measures should not be considered replacements for and should be read together 00:01:09.364 -- 00:01:12.108 with our GAAP results. 00:01:12.108 -- 00:01:17.437 This call should also be considered in conjunction with...