Today we are going to talk about Wayfair (W)

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Wayfair will report earnings Monday May 9th before the bell.

It has handily beaten earnings the past 3 quarters.

Fun fact: Wayfair was formed in 2002 as CSN Stores.

It was named after the initials of the 2 co-founders, Niraj Shah & Steve Conine

It started in Conine’s nursery at his house.

By 2011, they had over 200 online shops like and

They consolidated the smaller sites into

Today Wayfair consists of 5 distinct brands:

* Joss & Main
* All Modern
* Birch Lane
* Dwell Studio

They’e had consistent and steady growth

In 2010 it generated $380 M in revenue.

Over $500 M in 2011

Over $600 M in 2012

Over $900 M in 2013

Over $1.3 B in 2014

Over $2.25 B in 2015

Today over 4,000 weekly 33 puts expiring June 10th were sold

This implies that a trader thinks that the risk of a big decline is limited.

Wayfair closed at $36.06 today

On a side note, our mommy loves to shop at Wayfair.

We’ll be looking for Wayfair to beat estimates Monday morning.

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