Insight Report 3 minutes PremiumWayfair (W) 3Q16 Results: Despite Solid Quarter, Softer Consumer Spending Has Sales Outlook Below Expectations Coresight Research November 9, 2016 Executive Summary Boston-based online home goods retailer Wayfair reported adjusted 3Q16 EPS of $(0.54), ahead of the $(0.59) consensus estimate, but down from $(0.13) in the year-ago period. Revenues were $861.5 million, up 45.0% year over year and above the consensus estimate of $845.9 million. Orders in 3Q16 totaled 3.4 million, above the consensus estimate of 3.2 million. Average order value was $244, compared with $235 in the year-ago period. Ending active customers totaled 7.4 million, up 60% year over year and versus consensus of 7.3 million. Mobile orders accounted for 40.3% of the total, up from 35.1% in the year-ago quarter. For 4Q16, Wayfair expects revenue of $920–$960 million, below the $1.03 billion consensus estimate. Additionally, the company expects direct retail revenue in the range of $890–$925 million, below the $995 million consensus estimate. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: US Consumer Tracker: More Shoppers Cut Grocery Purchases Amid High Inflation AwarenessSportswear Brands in 1Q23: High Costs and Promotions Erode Margins, but Key Brands Remain Positive for Full-Year 2023Weekly US and UK Store Openings and Closures Tracker 2024, Week 15: 99 Cents Only To Close All StoresSeasonal Shopping, 3Q24—Expectations for Paris Summer Olympics and More: US Consumer Survey Insights Extra