Wayfair (W) PT Raised to $135 at Stephens Following 2Q

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Go back to Wayfair (W) PT Raised to $135 at Stephens Following 2Q

Wayfair Announces Second Quarter 2018 Results

August 2, 2018 7:00 AM EDT

Q2 Direct Retail Net Revenue Growth of 49% Year over Year to $1.6 billion

12.8 million Active Customers, up 34% Year over Year

BOSTON--(BUSINESS WIRE)-- Wayfair Inc. (NYSE: W), one of the worlds largest online destinations for the home, today reported financial results for its second quarter ended June 30, 2018.

Second Quarter 2018 Financial Highlights

Direct Retail net revenue, consisting of sales generated primarily through Wayfairs sites, increased $538.5 million to $1.6 billion, up 48.8% year over year Gross profit was $385.0 million or 23.3% of... More