Wayfair (W) Tops Q1 EPS by 31c
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Wayfair Announces First Quarter 2020 Results
May 5, 2020 7:00 AM EDTQ1 Net Revenue Growth of 20% Year over Year to $2.3 billion
21.1 million Active Customers, up 29% Year over Year
BOSTON--(BUSINESS WIRE)-- Wayfair Inc. (NYSE: W), one of the worlds largest online destinations for the home, today reported financial results for its first quarter ended March 31, 2020.
First Quarter 2020 Financial Highlights
Total net revenue increased $385.2 million to $2.3 billion, up 19.8% year over year Direct Retail net revenue increased $391.4 million to $2.3 billion, up 20.3% year over year U.S. net revenue increased... More