Insight Report 2 minutes PremiumWayfair (W)1Q16 REVIEW: SALES EXCEED ESTIMATES WHILE EARNINGS MISS Coresight Research May 9, 2016 Executive Summary Wayfair reported adjusted FY1Q16 EPS of ($0.36) versus consensus of ($0.34). Orders totaled 3.0 million, below consensus of 3.06 million. Average order value was $238 versus consensus of $219.30. Ending active customers were 6.07 million versus consensus of 5.99 million and compared to 5.36 million a quarter ago. LTM net revenue per active customer was up +13.3% to $392, while repeat customers placed 55.4% of orders, and mobile orders were 38.6% of the total. Management provided 2Q16 guidance for revenues of $755–$785 million versus consensus of $744.6 million. Direct Retail revenue is expected to be in the range of $725–$750 million up 65%–70% year over year on comp basis versus consensus of $707.7 million. Quarter to date, comp growth has been in the high-70% range. Other Revenue is expected to be in the range of $30–$35 million versus consensus of $34.0 million. 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: M&A in US Apparel and Footwear: Strong Prospects To Redefine Portfolios and Bolster CapacityIntroducing the New “Tech 25”: Retail-Tech Companies To Watch in 2024Retail 2024: Top 10 Trends in US HealthcareMarch 2023 Monthly Consumer Update: US, UK and China