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Wayfair Inc. (W) CEO Niraj Shah on Q1 2021 Results - Earnings Call Transcript

May 06, 2021 1:43 PM ETWayfair Inc. (W)
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Wayfair Inc. (NYSE:W) Q1 2021 Earnings Conference Call May 6, 2021 8:00 AM ET

Company Participants

Jane Gelfand - Head, Investor Relations and Corporate Development, Capital Markets

Niraj Shah - Co-Founder, Chief Executive Officer and Co-Chairman

Steve Conine - Co-Founder and Co-Chairman

Michael Fleisher - Chief Financial Officer

Conference Call Participants

Peter Keith - Piper Sandler

Brian Nagel - Oppenheimer

Justin Post - Bank of America

Seth Basham - Wedbush

Steven Forbes - Guggenheim


Good day and thank you for standing by. Welcome to the Wayfair Q1 2021 Earnings Release and Conference Call. [Operator Instructions] I would now like to hand the call over to our speaker today, Jane Gelfand, Head of Investor Relations, Corporate Development and Capital Markets. Please go ahead.

Jane Gelfand

Good morning and thank you for joining us. Today, we will review our first quarter 2021 results. With me are Niraj Shah, Co-Founder, Chief Executive Officer and Co-Chairman; Steve Conine, Co-Founder and Co-Chairman; and Michael Fleisher, Chief Financial Officer. We will all be available for Q&A following today’s prepared remarks.

I would like to remind you that we will make forward-looking statements during this call regarding future events and financial performance including guidance for the second quarter of 2021. We cannot guarantee that any forward-looking statements will be accurate, although we believe that we have been reasonable in our expectations and assumptions. Our 10-K for 2020, our 10-Q for this quarter and our subsequent SEC filings identify certain factors that could cause the company’s actual results to differ materially from those projected in any forward-looking statements made today. Except as required by law, we undertake no obligation to publicly update or revise any of these statements whether as a result of any new information, future events or otherwise.

Also, please note that during today’s call, we will

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