WAYFAIR INC. (NYSE:W) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On August8, 2017, Wayfair Inc. (the "Company") issued a press release announcing its financial results for the quarter ended June30, 2017. A copy of the press release is furnished as Exhibit99.1 and is incorporated herein by reference.
The information furnished in this Item 2.02 (including Exhibit99.1) shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as expressly provided by specific reference in such a filing.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 4, 2017, Nicholas Malone notified the Company of his decision to resign from his position as the Company’s Chief Administrative Officer and Treasurer in order to become the Chief Financial Officer of a local venture-backed company. Mr. Malone has been with the Company since 2005. Mr. Malone's resignation will be effective August 18, 2017.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits
Exhibit No. |
Description |
99.1 |
Press Release issued on August8, 2017 |
Wayfair Inc. ExhibitEX-99.1 2 a2017-06x30exhibit991.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 Wayfair Announces Second Quarter 2017 ResultsQ2 Direct Retail Revenue Growth of 46% Year over Year to $1.1 billion Q2 Total Net Revenue Growth of 43% Year over Year to $1.1 billion 9.5 million Active Customers,…To view the full exhibit click here
About WAYFAIR INC. (NYSE:W)
Wayfair Inc. (Wayfair) offers browsing, merchandising, product discovery and prices for a range of products from suppliers across various brands, including Wayfair.com, Joss & Main, AllModern, DwellStudio and Birch Lane. The Company offers a range of furniture, home furnishings, decor and goods. Wayfair produces editorial content both in-house and through third parties. The Company offers its suppliers a real-time view of its demand and inventory needs via data and analytics. The Company’s Wayfair.com is its mass-market brand that focuses on offering a range of home furnishings and decor. Joss & Main is the Company’s online flash sales site. AllModern is an online destination for original design for home enthusiasts. DwellStudio is an online design studio for home furnishings. Birch Lane is a destination for home designs. Wayfair also focuses on retail partners. Wayfair Media Solutions helps manufacturers, retailers and other advertisers market to its consumer audience.