Wayfair Inc (NYSE:W)
$ 70.72 -2.22 (-3.04%) Market Cap: 8.62 Bil Enterprise Value: 11.47 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 66/100
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Wayfair Inc at Jefferies Consumer Conference Transcript

Jun 18, 2019 / 03:30PM GMT
Release Date Price: $156.33 (-1.36%)
Jonathan Richard Matuszewski
Jefferies LLC, Research Division - Equity Analyst

All right. Great. I think we could get started. My name is Jonathan Matuszewski. I'm the Hardlines Retail Equity Analyst at Jefferies. Very pleased today to have Steve Conine, Co-Chairman and Co-Founder; and Michael Fleisher, CFO of Wayfair. As many of you know, Wayfair is the leading online destination for all things home. So really pleased to have them here today. And we'll just kind of jump into it, if that's all right?

Steven K. Conine
Wayfair Inc. - Co-Founder & Co-Chairman

Sure. Great.

Questions & Answers

Jonathan Richard Matuszewski
Jefferies LLC, Research Division - Equity Analyst

I guess, just to kick off things, I wanted to ask about your proprietary ad technology, right? This is something that's very unique to your business model. Custom built offers you guys a lot of advantages, enables you to lean in on certain quarters to advertising spend when it's opportunistic. So just talk to us about how that ad tech

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