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MarketScreener Homepage  >  Equities  >  Nyse  >  Wayfair Inc.    W

WAYFAIR INC.

(W)
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Wayfair : Partners with Kelly Clarkson to Inspire Shoppers to Create Homes They Love

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02/19/2020 | 07:32am EDT

Retailer Taps America’s First Idol to Star in Omni Channel Campaign

Wayfair Inc. (NYSE:W), one of the world’s largest online destinations for the home, today announced that singer, songwriter, trusted voice coach and TV host Kelly Clarkson will serve as the retailer’s first official brand ambassador in the U.S. The all-new, integrated partnership with Clarkson, which spans TV, digital and retail, aims to empower Wayfair customers to shop confidently while exploring the unlimited possibilities in home.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200219005452/en/

Wayfair partners with Kelly Clarkson to inspire shoppers to create homes they love. (Photo: Business Wire)

Wayfair partners with Kelly Clarkson to inspire shoppers to create homes they love. (Photo: Business Wire)

“We’re delighted to work with Kelly Clarkson to support our mission of helping people easily and affordably shop for the home,” said Courtney Lawrie, director of brand marketing, Wayfair. “Prior to selecting a brand partner, we polled Wayfair customers as their feedback informs so much of what we do. Kelly’s vibrant charisma, confidence and authenticity resonated with Wayfair’s audience, making her a natural extension of our fun and approachable brand.”

The campaign titled, “Home: You Got This” will include a series of ads featuring Clarkson that will air on TV platforms beginning February 24. Clarkson will also appear across Wayfair’s digital and social channels, as well as other exciting brand engagements throughout the year including integrations on highly-acclaimed daytime talk show, NBCUniversal’s The Kelly Clarkson Show.

“I’m so excited to team up with Wayfair to connect with their shoppers and show them how simple it is to turn their home into a place that feels as special as they are,” said Kelly Clarkson. “Wayfair already does a fantastic job of offering an amazing selection, service and shopping tools that make it so easy to find literally everything you could ever want. I’m stepping in to inspire and help everyone realize that they really can make their vision a reality!”

In April, Wayfair and Clarkson will release an exclusive, two-part collection of furniture, décor and more, inspired by her lifestyle and southern roots. Spanning beautiful pieces for the whole home, the line will offer everything from bedroom sets and armoires, to dining tables, bar carts, chandeliers and more.

“As Wayfair continues to expand and reach its audience in new ways, it felt like the right time to leverage an influential and relatable spokesperson to amplify our message. In partnership with NBCUniversal, we believe we can deliver an authentic, omni-channel campaign that supports our mission of helping customers easily create a home they love,” continued Lawrie. “Using Wayfair’s innovative e-commerce platform and shopping features, customers can make a change without taking a chance and confidently bring their vision to life.”

About 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 14 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.

The Wayfair family of sites includes:

  • Wayfair - Everything home for every budget.
  • Joss & Main - Stylish designs to discover daily.
  • AllModern - The best of modern, priced for real life.
  • Birch Lane - Classic home. Comfortable cost.
  • Perigold - The widest-ever selection of luxury home furnishings.

Wayfair generated $8.6 billion in net revenue for the twelve months ended September 30, 2019. Headquartered in Boston, Massachusetts with operations throughout North America and Europe, the company employs more than 16,000 people.


© Business Wire 2020
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Financials (USD)
Sales 2020 12 381 M
EBIT 2020 -345 M
Net income 2020 -641 M
Debt 2020 936 M
Yield 2020 -
P/E ratio 2020 -24,6x
P/E ratio 2021 -25,8x
EV / Sales2020 1,34x
EV / Sales2021 1,18x
Capitalization 15 680 M
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Technical analysis trends WAYFAIR INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 34
Average target price 167,36 $
Last Close Price 165,69 $
Spread / Highest target 35,8%
Spread / Average Target 1,01%
Spread / Lowest Target -75,9%
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Managers
NameTitle
Niraj S. Shah Co-Chairman, Chief Executive Officer & President
Steven K. Conine Co-Chairman
Thomas Netzer Chief Operating Officer & Senior Vice President
Michael D. Fleisher Chief Financial Officer
James R. Miller Chief Technology Officer
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