Wayfair Inc (N:W)

Business Focus: Internet & Mail Order Department Stores

Sector:  Consumer Cyclicals Industry:  Department Stores
See Regulatory Filings on SEC
Company Contact
Address: 4 Copley Pl
BOSTON MA 02116-6504
Tel: N/A
Website: www.wayfair.com
IR: See website
Key People
Niraj Shah
Co-Chairman of the Board, President, Chief Executive Officer, Co-Founder
Steven Conine
Co-Chairman of the Board, Co-Founder
Michael D. Fleisher
Chief Financial Officer
Thomas Netzer
Chief Operating Officer, Senior Vice President
John Champlin Mulliken
Senior Vice President, Chief Technology Officer
James R. Miller
Interim Chief Technology Officer, Director
Edmond Macri
Chief Product, Marketing Officer
Stephen J. Oblak
Chief Merchandising Officer
Business Overview
Wayfair Inc. (Wayfair) offers browsing, merchandising and product discovery for a range of products from various suppliers. The Company operates through two segments: U.S. and International. The U.S. segment consists of amounts earned through product sales through the Company's five sites in the United States and through sites operated by third parties in the United States. The International segment consists of amounts earned through product sales through its international sites. It has an online selection of furniture, decor, decorative accents, housewares, seasonal decor and other home goods. As of December 31, 2016, it had offered five sites, including Websites, mobile-optimized Websites and mobile applications: Wayfair, Joss & Main, AllModern, DwellStudio and Birch Lane. Wayfair is an online destination for all things home. Birch Lane offers a collection of furnishings and home decor. Its sites feature certain products under its house brands, such as Three Posts and Mercury Row.
Financial Overview
For the six months ended 30 June 2019, Wayfair Inc revenues increased 40% to $4.29B. Net loss increased 83% to $382.3M. Revenues reflect International segment increase of 41% to $629.9M, Online Sales US increase of 41% to $3.63B. Higher net loss reflects Advertising increase of 48% to $503.1M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$2.35 to -$4.18.
Employees: 12,124 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $10,010M as of Jun 30, 2019
Annual revenue (TTM): $8,008M as of Jun 30, 2019
EBITDA (TTM): -$488.80M as of Jun 30, 2019
Net annual income (TTM): -$677.70M as of Jun 30, 2019
Free cash flow (TTM): -$340.24M as of Jun 30, 2019
Net Debt Last Fiscal Year: $47.15M as of Jun 30, 2019
Shares outstanding: 92,337,596 as of Jul 24, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization