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Wayfair (W) Tops Q4 EPS by 7c

February 25, 2016 8:24 AM

Wayfair (NYSE: W) reported Q4 EPS of ($0.07), $0.07 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $685.6 million versus the consensus estimate of $679.08 million.

“We are excited to report an incredibly strong fourth quarter and tremendous overall growth for Wayfair in 2015 with the business reaching $2.25 billion in full year net revenues,” said Niraj Shah, CEO, co-founder and co-chairman, Wayfair. “We continue to grow both our new customer base and our repeat business with an exceptional shopping experience that redefines what is possible in home retail. We remain firmly focused on delighting our customers as we continue to innovate and raise the bar in terms of selection, service and design inspiration. We look forward to making great strides in 2016 as we continue to build the Wayfair brand in the United States and ramp up our investment in Europe and Canada.”

At the end of the fourth quarter, cash, cash equivalents, and short-term and long-term investments totaled $466.0 million.

For earnings history and earnings-related data on Wayfair (W) click here.

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