Executive Summary
- Wayfair reported 4Q18 adjusted EPS of $(1.12), beating the $(1.28) consensus estimate. Revenues were $2.01 billion, up 40.0% and slightly beating the $1.97 billion consensus.
- U.S. Direct Retail accounted for 85% of revenues and grew 39.2%. International Direct Retail accounted for 14% of revenues and grew 49.8%.
- The company guided for 1Q19 revenues of $1.87–1.915 billion, in line with the consensus estimate of $1.89 billion.
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