Williams-Sonoma up 23% this year, outpacing home-goods rivals on profits

Williams-Sonoma (WSM), the owner of Pottery Barn and West Elm, is up about 23% this year, beating Wayfair, RH and others in home furnishings. Sales fell after the pandemic housing boom, but the retailer kept profits high by cutting discounts and tightening its supply chain, winning over investors even with the housing market weak.