Wayfair (W) Misses Q1 EPS by 2c, Revenues Beat
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Wayfair Announces First Quarter 2019 Results
May 2, 2019 7:00 AM EDTQ1 Direct Retail Net Revenue Growth of 39% Year over Year to $1.9 billion
16.4 million Active Customers, up 39% 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 first quarter ended March31, 2019.
First Quarter 2019 Financial Highlights
Direct Retail net revenue, consisting of sales generated primarily through Wayfairs sites, increased $542.3 million to $1.9 billion, up 39.0% year over year Gross profit was $470.5 million or 24.2% of... More