Citi Downgrades Wayfair (W) to Neutral
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Wayfair Announces First Quarter 2016 Results
May 9, 2016 7:00 AM UTCQ1 Direct Retail Revenue Growth of $342.5 million, up 92.7% Year over Year to $711.8 million
Q1 Total Net Revenue Growth of $323.0 million, up 76.1% Year over Year to $747.3 million
6.1 million Active Customers, up 68.9% Year over Year
BOSTON--(BUSINESS WIRE)-- Wayfair Inc. (NYSE: W), one of the worlds largest online destinations for home furnishings and décor, today reported financial results for its first quarter ended March 31, 2016.
First Quarter 2016 Financial Highlights
Direct Retail revenue, consisting of sales generated primarily through... More