Wayfair Inc (NYSE:W)
$ 45.53 -0.53 (-1.15%) Market Cap: 5.71 Bil Enterprise Value: 8.39 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 66/100
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Wayfair Inc at Citi Global Technology Conference Transcript

Sep 05, 2019 / 03:00PM GMT
Release Date Price: $119.6 (+1.27%)
Christopher F. Chapman
Citigroup Inc, Research Division - Senior Associate

The format will be, I'm going to go through kind of a list of questions and I'll make sure we have time at the end for questions. If you need my disclosures, you can get them at the front desk.

Questions & Answers

Christopher F. Chapman
Citigroup Inc, Research Division - Senior Associate

We'll kick this off, I guess, starting more high level. Wayfair is seeing great top line growth in the face of Amazon entering the category. Brick and mortars are getting more aggressive on trying to have an online presence. Can you talk a little bit to why Wayfair has been able to do this?

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

Sure. Let me kick it off. Yes. I mean I guess Amazon's been in this business since '02 when we started this, so it's not like they're a new phenomenon. And then the bricks-and-mortar competition is certainly -- I think they all obviously looked at what we've done and have realized that they're behind

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