Citi Downgrades Wayfair (W) to Neutral

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Go back to Citi Downgrades Wayfair (W) to Neutral

Wayfair Announces First Quarter 2016 Results

May 9, 2016 7:00 AM EDT

Q1 Direct Retail Revenue Growth of $342.5 million, up 92.7% Year over Year to $711.8 million

Q1 Total Net Revenue Growth of $323.0 million, up 76.1% Year over Year to $747.3 million

6.1 million Active Customers, up 68.9% Year over Year

BOSTON--(BUSINESS WIRE)-- Wayfair Inc. (NYSE: W), one of the worlds largest online destinations for home furnishings and décor, today reported financial results for its first quarter ended March 31, 2016.

First Quarter 2016 Financial Highlights

Direct Retail revenue, consisting of sales generated primarily through... More