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February 09, 2016 4:13 AM ET

Internet and Catalog Retail

Company Overview of Wayfair Inc.

Company Overview

Wayfair Inc. engages in the e-commerce business in the United States. It offers approximately seven million home products under various brands. The company’s brands include Wayfair.com that focuses on offering home furnishings and décor from low-to high-end and across various styles; Joss & Main, an online flash sales site; AllModern, an online destination for original design for modern home enthusiasts; DwellStudio, an online design studio for modern, fashion-forward home furnishings; and Birch Lane, a destination for classic style home designs. Wayfair Inc. also sells its products through retail partners. Wayfair Inc. was founded in 2002 and is headquartered in Boston, Massachusetts.

4 Copley Place

7th Floor

Boston, MA 02116

United States

Founded in 2002

3,251 Employees

Phone:

617-532-6100

Key Executives for Wayfair Inc.

Co-Founder, Co-Chairman, Chief Executive Officer and President
Age: 41
Total Annual Compensation: $80.0K
Co-Founder and Co-Chairman
Age: 42
Total Annual Compensation: $80.0K
Chief Financial Officer
Age: 50
Total Annual Compensation: $437.5K
Senior Vice President of Strategic Initiatives
Age: 43
Total Annual Compensation: $331.3K
Senior Vice President and General Manager of Wayfair.Com
Age: 42
Total Annual Compensation: $293.8K
Compensation as of Fiscal Year 2014.

Wayfair Inc. Key Developments

Wayfair Inc. Presents at 18th Annual ICR Conference, Jan-12-2016 01:30 PM

Wayfair Inc. Presents at 18th Annual ICR Conference, Jan-12-2016 01:30 PM. Venue: JW Marriott Orlando Grande Lakes, 4040 Central Florida Parkway, Orlando, FL 32837, United States. Speakers: Niraj S. Shah, Co-Founder, Co-Chairman, Chief Executive Officer and President.

Wayfair Inc. Presents at Wells Fargo Connected Commerce Investor Summit, Dec-02-2015 03:15 PM

Wayfair Inc. Presents at Wells Fargo Connected Commerce Investor Summit, Dec-02-2015 03:15 PM. Venue: Cavallo Point Lodge, Sausalito, California, United States. Speakers: Michael D Fleisher, Chief Financial Officer.

Wayfair Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Wayfair Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported net revenue of $593,972,000 against $336,188,000 a year ago. Loss from operations was $18,637,000 against $23,864,000 a year ago. Loss before income taxes was $15,566,000 against $24,084,000 a year ago. Net loss was $15,478,000 against $24,143,000 a year ago. Net loss attributable to common stockholders was $15,478,000 or $0.18 per share basic and diluted against $28,891,000 or $0.71 per share basic and diluted a year ago. Adjusted EBITDA was $1,445,000 against $18,317,000 a year ago. Net cash provided by operating activities was $51,504,000 against net cash used in operating activities of $11,066,000 a year ago. Purchase of property, equipment and leasehold improvements was $11,491,000 against $6,837,000 a year ago. Non-GAAP net loss was $10,578,000 or $0.13 per share basic and diluted against $24,084,000 or $0.59 per share basic and diluted a year ago. For the nine months, the company reported net revenue of $1,510,095,000 against $910,332,000 a year ago. Loss from operations was $65,356,000 against $75,285,000 a year ago. Loss before income taxes was $61,917,000 against $75,468,000 a year ago. Net loss was $61,948,000 against $75,544,000 a year ago. Net loss attributable to common stockholders was $61,948,000 or $0.74 per share basic and diluted against $92,047,000 or $2.26 per share basic and diluted a year ago. Net cash provided by operating activities was $44,755,000 against net cash used in operating activities of $50,837,000 a year ago. Purchase of property and equipment was $36,695,000 against $31,168,000 a year ago. Adjusted EBITDA was $18,757,000 against $55,319,000 a year ago. Non-GAAP net loss was $41,666,000 or $0.50 per share basic and diluted against $69,940,000 or $1.72 per share basic and diluted a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 30, 2015
Wayfair Australia Pty Limited
 

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