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

United Parcel Service (UPS) seems on track to regain lost strength

Cargo giant United Parcel Service, Inc. (NYSE: UPS) ended fiscal 2023 on a weak note, reporting lower revenues and profit for the fourth quarter. The company experienced a slowdown post-pandemic

IPO Alert: What to look for when Boundless Bio goes public

Boundless Bio is preparing to debut on the Nasdaq stock market this week, and become the latest addition to the list of biotech firms that have launched IPOs this year.

Nike (NKE) bets on innovation and partnerships to return to high growth

Sneaker giant Nike, Inc. (NYSE: NKE) has been going through a rough patch for some time, with sales coming under pressure from weak demand and rising competition. Post-pandemic, the company

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