Wayfair Announces Fourth Quarter and Full Year 2019 Results
Wayfair Inc. Class A (W)
Last wayfair inc. class a earnings: 2/28 07:00 am
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Source: Business Wire
Q4 Net Revenue Growth of 26% Year over Year to $2.5 billionQ4 Direct Retail Net Revenue Growth of 27% Year over Year to $2.5 billion20.3 million Active Customers, up 34% Year over Year BOSTON--(BUSINESS WIRE)--Wayfair Inc. (NYSE: W), one of the world’s largest online destinations for the home, today reported financial results for its fourth quarter and full year ended December 31, 2019.Fourth Quarter 2019 Financial HighlightsTotal net revenue increased $519.5 million to $2.5 billion, up 25.8% year over yearDirect Retail net revenue increased $529.8 million to $2.5 billion, up 26.5% year over yearU.S. net revenue increased $413.1 million, up 23.9% year over yearInternational net revenue increased $106.4 million, up 37.1% year over year. International segment Net Revenue Constant Currency Growth was 37.3%Gross profit was $577.4 million or 22.8% of total net revenueGAAP net loss was $330.2 millionNon-GAAP Adjusted EBITDA and Adjusted EBITDA Margin was $(180.2) million or (7.1)%, respe
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