Categories Earnings, Retail

Wayfair (NYSE: W): Q4 2019 Earnings Snapshot

— Wayfair Inc. (NYSE: W) reported a fourth-quarter 2019 adjusted loss of $2.80 per share versus $2.65 per share loss expected.

— Net revenues climbed by 26% to $2.5 billion versus $2.53 billion expected. Direct Retail net revenue jumped by 27% year-over-year.

Earnings Update by AlphaStreet

— The US net revenue increased by 24% while international revenue jumped by 37%. International segment Net Revenue Constant Currency Growth was 37.3%.

— The number of active customers in Direct Retail business reached 20.3 million as of December 31, 2019, an increase of 34% year-over-year.

— LTM net revenue per active customer rose by 1.1% to $448 as of December 31, 2019.

— Orders per customer, measured as LTM orders divided by active customers, was 1.86, up from 1.85 in the prior-year quarter.

— Repeat customers placed 7.7 million orders, up 31.3% from last year. Orders delivered jumped by 27.1% to 11.2 million. The average order value declined to $226 from $227 a year ago.

— In the fourth quarter of 2019, 54.8% of total orders delivered for Direct Retail business were placed via a mobile device, compared to 51.8% last year.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Stitch Fix (SFIX) Stock: Will the innovative biz model survive virus-led slump?

The business world is still struggling to come out of the virus-induced slowdown, but it seems almost every retail segment benefited from the pandemic at some point. The vaccination drive

General Mills (GIS): Three factors that are expected to help drive growth for the food company going forward

Shares of General Mills Inc. (NYSE: GIS) were up 3.2% on Wednesday after the company delivered better-than-expected results for the first quarter of 2022. Net sales rose 4% year-over-year to

IPO Alert: Allvue Systems sets IPO terms, to raise around $290 million

It is estimated that the alternative investments industry has expanded at a compound annual rate of 10.2% over the past ten years and had $11 trillion in assets under management

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top