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August 29, 2015 10:42 PM ET

Internet and Catalog Retail

Company Overview of zulily, Inc.

Company Overview

zulily, inc. operates as an online retailer in the United States, Canada, Australia, the United Kingdom, and internationally. The company provides merchandise to moms purchasing for their children, themselves, and their homes. Its merchandise includes men’s, women’s, and children’s apparel, accessories, and shoes; children’s merchandise, such as infant gear, sports equipment, toys, and books; and other merchandise comprising kitchen accessories, home décor, entertainment, electronics, pet accessories, and health and beauty products. The company offers its products through a flash sales model using its desktop and mobile Websites, and mobile applications. zulily, inc. was founded in 2009 and ...

2601 Elliott Avenue

Suite 200

Seattle, WA 98121

United States

Founded in 2009

2,907 Employees

Phone:

877-779-5614

Fax:

206-724-0534

Key Executives for zulily, Inc.

Chief Executive Officer, President and Director
Age: 42
Total Annual Compensation: $324.3K
Chief Operating Officer
Age: 53
Total Annual Compensation: $273.9K
Chief Merchant
Age: 53
Total Annual Compensation: $338.1K
Chief Information Officer
Age: 44
Total Annual Compensation: $319.9K
Senior Vice President of Marketing
Age: 36
Total Annual Compensation: $327.8K
Compensation as of Fiscal Year 2014.

zulily, Inc. Key Developments

Liberty Interactive Corporation, zulily, Inc., QVC, Inc. - M&A Call

To discuss the proposed acquisition of outstanding shares of zulily, inc. by Liberty Interactive Corporation

zulily, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter Ended June 29, 2015 and Cash Flow Results for Six Months Ended June 29, 2015; Provides Earnings Guidance for the Third Quarter Ending September 27, 2015 and Fiscal Year Ending January 3, 2016

zulily, Inc. reported unaudited consolidated earnings results for the second quarter ended June 29, 2015 and cash flow results for six months ended June 29, 2015. For the quarter, the company reported net sales of $297.561 million against $285.013 million a year ago. Income from operations was $5.285 million against $7.675 million a year ago. Net income before provision for income taxes was $5.455 million against $7.756 million a year ago. Net income was $5.455 million or $0.03 per basic and diluted share against $7.756 million or $0.06 per basic and diluted share a year ago. Net income attributable to class A and class B common stockholders was $5.455 million or $0.03 per basic and diluted share against $7.756 million or $0.06 per basic and diluted share a year ago. Adjusted EBITDA was $14.16 million against $14.449 million a year ago. Net cash provided by operating activities was $5.965 million against $21.865 million a year ago. Capital expenditures were $9.721 million against $21.776 million a year ago. Non-GAAP net income attributable to common stockholders was $7.971 million or $0.06 per diluted share against $11.413 million or $0.09 per diluted share a year ago. For the six months, the company reported net cash used in operating activities of $13.209 million against net cash provided by operating activities of $39.271 million a year ago. Capital expenditures were $19.54 million against $37.537 million a year ago. The company provided earnings guidance for the third quarter ending September 27, 2015. For the quarter, the company expected net sales between $300 million and $325 million. Non-GAAP adjusted EBITDA between $5.0 million and $15.0 million. For the fiscal year ending January 3, 2016, the company expected net sales between $1.3 billion and $1.4 billion. Non-GAAP adjusted EBITDA between $55.0 million and $70.0 million and capital expenditures between $35.0 million and $40.0 million, the majority of which will benefit the company's fulfillment centers to support its growth and drive productivity.

zulily, Inc. to Report Q2, 2015 Results on Aug 05, 2015

zulily, Inc. announced that they will report Q2, 2015 results at 9:15 PM, GMT Standard Time on Aug 05, 2015

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