BofA/Merrill Lynch Downgrades Wayfair (W) to Neutral
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Wayfair Announces Second Quarter 2016 Results
August 9, 2016 7:00 AM EDTQ2 Direct Retail Revenue Growth of $315.4 million, up 71.6% Year over Year to $755.7 million
Q2 Total Net Revenue Growth of $295.2 million, up 60.0% Year over Year to $786.9 million
6.7 million Active Customers, up 65.0% 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 second quarter ended June 30, 2016.
Second Quarter 2016 Financial Highlights
Direct Retail revenue, consisting of sales generated primarily through... More