Wayfair (W) Misses Q3 EPS by 19c, Revenues Beat
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Wayfair Announces Third Quarter 2018 Results
November 1, 2018 7:00 AM EDTQ3 Direct Retail Net Revenue Growth of 43% Year over Year to $1.7 billion
13.9 million Active Customers, up 35% 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 third quarter ended September30, 2018.
Third Quarter 2018 Financial Highlights
Direct Retail net revenue, consisting of sales generated primarily through Wayfairs sites, increased $511.2 million to $1.7 billion, up 43.3% year over year Gross profit was $392.8 million or 23.0% of... More