Wayfair Announces Second Quarter 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Wall Street sinks as bond yields rise, Walmart results disappoint
Wayfair (W) Sees Q3 Net Revenue of $2.23B-$2.28B vs $2.31B Expected - Bloomberg, Citing Call
August 1, 2019 8:44 AM EDTWayfair (NYSE: W) Sees Q3 Net Revenue of $2.23B-$2.28B vs $2.31B Expected - Bloomberg, Citing Call
Wayfair (W) Reports In-Line Q2 EPS, Revenues Beat
August 1, 2019 7:05 AM EDTWayfair (NYSE: W) reported Q2 EPS of ($1.35), in-line with the analyst estimate of ($1.35). Revenue for the quarter came in at $2.34 billion versus the consensus estimate of $2.26 billion.
Second Quarter 2019 Financial Highlights
Direct Retail net revenue, consisting of sales generated primarily through Wayfairs sites, increased $690.8 million to $2.3 billion, up 42.1% year over yearGross profit was $559.6 million or 23.9% of total net revenueGAAP net loss was $181.9 millionAdjusted EBITDA was $(70.0) million or (3.0)% of total net revenueGAAP basic and diluted net loss per share was $1.98Non-GAAP diluted net loss... More