williamssonoma inc shares gave back thursday gains in the extended session after the upscale housewares retailer’s results and outlook topped wall street expectations williamssonoma wsm shares fell nearly 6 after hours following a 43 rise in the regular session to close at 21889 over the past 12 months williamssonoma shares have rallied 125 while the sp 500 index spx has risen 32 the company reported thirdquarter net income of 2495 million or 329 a share compared with 2018 million or 254 a share in the yearago period adjusted earnings which exclude stockbased compensation expenses and other items were 332 a share compared with 256 a share in the yearago period revenue rose to 205 billion from 176 billion in the yearago quarter analysts surveyed by factset had forecast 313 a share on revenue of 198 billion “as we enter the fourth quarter we are seeing strong sales and margins continuing” said laura alber williamssonoma president and chief executive in a statement “we are thrilled with our customers’ response to our holiday and gifting assortments and we are ready to drive an outstanding finish to the year” “with our strong results to date our winning positioning in the industry and our outperforming growth strategies we are more confident than ever in the longterm strength of our business” alber said williamssonoma said it was raising its fiscal 2021 revenue outlook to growth of 22 to 23 or 828 billion to 834 billion analysts expect 813 billion the company said it expects midtohigh singledigit growth long term achieving 10 billion in annual sales by 2024