Williams-Sonoma Jumps 6% After Q4 Earnings Beat

is up more than six percent in after hours trading after the company announced its fourth quarter results. The retailer reported a Q4 EPS of $1.38 versus the Street estimate of $1.36. Earnings per share were up three percent from the year-ago period. Revenue came in at $1.47 billion versus the Street estimate of $1.43 billion. Sales were up four percent year-over-year. "Williams-Sonoma, Inc. outperformed the retail industry this holiday season, gaining market share and demonstrating the structural advantage of our multi-brand, multi-channel platform," Laura Alber, President and Chief Executive Officer of Williams-Sonoma, said in a

. "The strength of our brands across retail and e-commerce, in conjunction with disciplined execution, enabled our team to drive record operating results.” Williams-Sonoma expects its Q1 EPS to be between $0.41 and $0.44 versus the Street estimate of $0.46. Sales are expected to be between $920 million and $940 million versus the Street estimate of $943.6 million. Williams-Sonoma anticipates a FY2014 EPS between $3.05 and $3.15, which is slightly below the Street estimate of $3.20. However, the retailer's FY2014 sales estimate of $4.63 billion to $4.71 billion is potentially higher than the Street estimate of $4.64 billion. Shares of Williams-Sonoma were off to a rough start this year. The stock fell more than 10 percent before the end of January. It has since rebounded and is currently up less than one percent year-to-date. Disclosure: