Docoh
Loading...

W Wayfair

Wayfair believes everyone should live in a home they love. Through technology and innovation, Wayfair makes it possible for shoppers to quickly and easily find exactly what they want from a selection of more than 22 million items across home furnishings, décor, home improvement, housewares and more. Committed to delighting its customers every step of the way, Wayfair is reinventing the way people shop for their homes - from product discovery to final delivery.

Company profile

Ticker
W
Exchange
Website
CEO
Niraj Shah
Employees
Location
Fiscal year end
SEC CIK
Subsidiaries
Wayfair LLC • CastleGate Logistics Inc. • CastleGate Trade Services LLC • SK Retail, Inc. • Wayfair Maine LLC • Wayfair Transportation LLC • Wayfair Securities Corporation • Wayfair Stores Limited • Wayfair (UK) Limited • Wayfair Deutschland Ltd. ...

W stock data

(
)

Calendar

4 Nov 21
2 Dec 21
31 Dec 21
Quarter (USD)
Sep 21 Jun 21 Mar 21 Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Wayfair earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 1.86B 1.86B 1.86B 1.86B 1.86B 1.86B
Cash burn (monthly) 71.21M 48.18M 24.77M (positive/no burn) 43.62M (positive/no burn)
Cash used (since last report) 148.8M 100.67M 51.76M n/a 91.14M n/a
Cash remaining 1.72B 1.76B 1.81B n/a 1.77B n/a
Runway (months of cash) 24.1 36.6 73.2 n/a 40.7 n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
22 Nov 21 Michael W. Choe Class A Common Stock Buy Acquire P No No 258.98 10,000 2.59M 105,160
19 Nov 21 Niraj Shah Class A Common Stock Gift Dispose G No No 0 77,000 0 245,000
19 Nov 21 Niraj Shah Class A Common Stock Gift Dispose G No No 0 38,000 0 322,000
19 Nov 21 Niraj Shah Class A Common Stock Conversion Acquire C No No 0 320,000 0 360,000
19 Nov 21 Niraj Shah Class B Common Stock Class A Common Stock Conversion Dispose C No No 0 320,000 0 11,105,996
19 Nov 21 Steven Conine Class A Common Stock Gift Dispose G No No 0 78,000 0 243,000
19 Nov 21 Steven Conine Class A Common Stock Gift Dispose G No No 0 39,000 0 321,000
19 Nov 21 Steven Conine Class A Common Stock Conversion Acquire C No No 0 320,000 0 360,000
19 Nov 21 Steven Conine Class B Common Stock Class A Common Stock Conversion Dispose C No No 0 320,000 0 11,106,804
19 Nov 21 Niraj Shah Class A Common Stock Gift Dispose G No No 0 77,000 0 360,000

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders
Current Prev Q Change
Total holders 418 447 -6.5%
Opened positions 56 69 -18.8%
Closed positions 85 66 +28.8%
Increased positions 130 172 -24.4%
Reduced positions 146 122 +19.7%
13F shares
Current Prev Q Change
Total value 26B 27.85B -6.6%
Total shares 89.88M 89.91M -0.0%
Total puts 8.6M 7.33M +17.4%
Total calls 6.88M 6.07M +13.4%
Total put/call ratio 1.3 1.2 +3.5%
Largest owners
Shares Value Change
FMR 11.6M $2.96B -0.4%
Baillie Gifford & Co 9.99M $2.55B -1.2%
MS Morgan Stanley 8.33M $2.13B +12.2%
Vanguard 6.35M $1.62B -0.3%
Spruce House Investment Management 4.8M $1.23B 0.0%
Prescott General Partners 3.82M $976.88M 0.0%
BLK Blackrock 3.61M $921.44M -0.9%
Capital World Investors 3.29M $840.88M +195.1%
D. E. Shaw & Co 3.21M $481.69M 0.0%
Vulcan Value Partners 2.81M $718.77M +4.0%
Largest transactions
Shares Bought/sold Change
Bares Capital Management 0 -2.52M EXIT
Capital World Investors 3.29M +2.18M +195.1%
JPM JPMorgan Chase & Co. 1.12M -1.6M -58.8%
Ruane, Cunniff & Goldfarb 2.38M +1.08M +82.7%
MS Morgan Stanley 8.33M +904.57K +12.2%
Stockbridge Partners 783.24K +783.24K NEW
GS Goldman Sachs 858.35K -435.57K -33.7%
Holocene Advisors 400.11K +400.11K NEW
BNS Bank Of Nova Scotia 490.1K +376.8K +332.6%
Renaissance Technologies 0 -303.5K EXIT

Financial report summary

?
Risks
  • The recent and ongoing global outbreak and spread of the COVID-19 outbreak, and any future outbreak or other public health emergency, could materially affect our business, liquidity, financial condition and operating results.
  • Our recent growth rates may not be sustainable or indicative of our future growth.
  • If we fail to manage our growth effectively, our business, financial condition and operating results could be harmed.
  • If we fail to acquire new customers or retain existing customers, or fail to do so in a cost-effective manner, we may not be able to sustain our recent profitability.
  • Our success depends in part on our ability to increase our net revenue per active customer. If our efforts to increase customer loyalty and repeat purchasing as well as maintain high levels of customer engagement are not successful, our growth prospects and net revenue will be materially adversely affected.
  • Our business depends on our ability to build and maintain strong brands. We may not be able to maintain and enhance our brands if we receive unfavorable customer complaints, negative publicity or otherwise fail to live up to consumers' expectations, which could materially adversely affect our business, results of operations and growth prospects.
  • Our efforts to expand our business into new brands, products, services, technologies and geographic regions will subject us to additional business, legal, financial and competitive risks and may not be successful.
  • Expansion of our international operations will require management attention and resources, involves additional risks, and may be unsuccessful, which could harm our future business development and existing domestic operations.
  • Fluctuations in currency exchange rates could adversely affect our financial performance and our reported results of operations.
  • Until fiscal 2020, we had a history of losses and we may be unable to sustain our recent profitability and positive cash flow in the future as we continue to expand our business.
  • System interruptions that impair customer access to our sites or other performance failures or incidents involving our logistics network, our technology infrastructure or our critical technology partners could damage our business, reputation and brand and substantially harm our business and results of operations.
  • We rely upon Google Cloud to operate certain aspects of our service and any disruption of or interference with our use of the Google Cloud services would impact our operations and our business would be adversely impacted.
  • Our failure or the failure of third-party service providers to protect our sites, networks, systems, confidential information and assets against security breaches or loss could damage our reputation and brand and substantially harm our business and operating results.
  • Our business is highly competitive. Competition presents an ongoing threat to the success of our business.
  • Purchasers of home goods may not choose to shop online, which would prevent us from growing our business.
  • We may be subject to product liability and other similar claims if people or property are harmed by the products we sell.
  • Risks associated with the suppliers from whom our products are sourced could materially adversely affect our financial performance as well as our reputation and brand.
  • We may be unable to source new suppliers or strengthen our relationships with current suppliers.
  • We depend on our suppliers to perform certain services regarding the products that we offer.
  • We depend on our relationships with third parties, and changes in our relationships with these parties could adversely impact our net revenue and profits.
  • If our internal control over financial reporting or our disclosure controls and procedures are not effective, we may not be able to accurately report our financial results, prevent fraud or file our periodic reports in a timely manner, which may cause investors to lose confidence in our reported financial information and may lead to a decline in our stock price.
  • We may be unable to accurately forecast our financial and operating results and appropriately plan our expenses in the future.
  • Seasonal trends in our business create variability in our financial and operating results and place increased strain on our operations.
  • Our ability to raise capital in the future may be limited, and our failure to raise capital when needed could prevent us from growing.
  • Our business may be adversely affected if we are unable to provide our customers a cost-effective shopping platform that is able to respond and adapt to rapid changes in technology.
  • Significant merchandise returns could harm our business.
  • Uncertainties in global economic conditions and their impact on consumer spending patterns, particularly in the home goods market, could adversely impact our operating results.
  • Our business relies heavily on email and other messaging services, and any restrictions on the sending of emails or messages or an inability to timely deliver such communications could materially adversely affect our net revenue and business.
  • We are subject to risks related to online transactions and payment methods.
  • Our business could suffer if we are unsuccessful in making, integrating and maintaining acquisitions and investments.
  • We rely on the performance of members of management and highly skilled personnel, and if we are unable to attract, develop, motivate and retain well-qualified employees, our business could be harmed.
  • We may not be able to adequately protect our intellectual property rights.
  • We have been, and may again be, accused of infringing intellectual property rights of third parties.
  • We are engaged in legal proceedings that could cause us to incur unforeseen expenses and could occupy a significant amount of our management's time and attention.
  • We cannot guarantee that our stock repurchase program will be fully consummated or that it will enhance long-term shareholder value. Stock repurchases could also increase the volatility of the trading price of our stock and could diminish our cash reserves.
  • Government regulation of the Internet and e-commerce is evolving, and unfavorable changes or failure by us to comply with these regulations could substantially harm our business and operating results.
  • Failure to comply with federal, state and international laws and regulations relating to privacy, data protection and consumer protection, or the expansion of current, or the enactment of new, laws or regulations relating to privacy, data protection and consumer protection, could adversely affect our business and our financial condition.
  • Changes in tax treatment of companies engaged in e-commerce may adversely affect the commercial use of our sites and our financial results.
  • Our outstanding indebtedness, or additional indebtedness that we may incur, could limit our operating flexibility and adversely affect our financial condition.
  • The conditional conversion feature of any series of the Non-Accreting Notes, if triggered, and conversion of the 2025 Accreting Notes may adversely affect our financial condition and operating results.
  • The dual class structure of our common stock has the effect of concentrating voting control with our co-founders, which will limit your ability to influence corporate matters.
  • Our stock price may be volatile or may decline regardless of our operating performance.
  • Short selling could increase the volatility of our stock price.
  • Substantial sales of shares of our Class A common stock could cause the market price of our Class A common stock to decline.
  • The capped calls expose us to counterparty risk and may affect the value of our common stock.
  • If securities or industry analysts do not publish research or reports about our business, or publish negative reports about our business, our share price and trading volume could decline.
  • Our management has broad discretion over our existing cash resources and might not use such funds in ways that increase the value of your investment.
  • Anti-takeover provisions in our charter documents and under Delaware law could make an acquisition of our company more difficult, limit attempts by our stockholders to replace or remove our current management and limit the market price of our Class A common stock.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. senior Avg
New words: aimed, awaiting, deploy, geography, height, revaluation, sought
Removed: incremental, June, pandemic, spend

Patents

APP
Utility
Systems and Methods for Scene-independent Augmented Reality Interfaces
21 Oct 21
Some embodiments include a method comprising using a first computing device to perform: obtaining an image of a scene captured using a camera coupled to the first computing device; obtaining camera setting values used to capture the image; determining, using the image, surface attribute values characterizing at least one surface shown in the image of the scene; generating an augmented reality (AR) interface at least in part by using the camera setting values and the surface attribute values to create a first composite image by overlaying a selected virtual furniture object onto the image so that the virtual furniture object is displayed in the AR interface as being on a first surface of the at least one surface shown in the image; and transmitting, to a second computing device and via at least one communication network, the first composite image, the camera setting values and the surface attribute values.
GRANT
Utility
Contextual evaluation for multimedia item posting
12 Oct 21
Approaches presented herein enable evaluating a multimedia item to be posted to a website (e.g., social networking site, forum, blog, etc.) to determine whether a censoring action needs to be performed on the multimedia item prior to posting the multimedia item.
GRANT
Utility
Systems and methods for generating textured three-dimensional models
21 Sep 21
According to at least one aspect, a system is provided.
GRANT
Utility
Systems and methods for scene-independent augmented reality interfaces
3 Aug 21
Some embodiments include a method comprising using a first computing device to perform: obtaining an image of a scene captured using a camera coupled to the first computing device; obtaining camera setting values used to capture the image; determining, using the image, surface attribute values characterizing at least one surface shown in the image of the scene; generating an augmented reality (AR) interface at least in part by using the camera setting values and the surface attribute values to create a first composite image by overlaying a selected virtual furniture object onto the image so that the virtual furniture object is displayed in the AR interface as being on a first surface of the at least one surface shown in the image; and transmitting, to a second computing device and via at least one communication network, the first composite image, the camera setting values and the surface attribute values.
APP
Utility
Using Photogrammetry to Aid Identification and Assembly of Product Parts
1 Jul 21
A user may be aided in modifying a product that is an assemblage of parts.