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Wayfair Inc (NYSE: W)Q3 2018 Balance Appointment CallNov. 01, 2018, 8:00 a.m. ET
Good morning. My name is Michelle and I will be your appointment abettor today. At this time, I would like to acceptable anybody to the Wayfair Q3 Balance Call. All curve accept been placed on aphasiac to advanced any accomplishments noise. Afterwards the speakers remarks, there will be a question-and-answer session. (Operator Instructions).
I would now like to about-face the alarm over to Mr. Joe Wilson. Amuse go ahead.
Good morning and acknowledge you for abutting us. Today we will analysis our third division 2018 results. With me are Niraj Shah, Co-Founder, Chief Executive Officer and Co-Chairman; Steve Conine, Co-Founder and Co-Chairman; Michael Fleisher, Chief Banking Officer; and Julia Donnelly, Arch of Corporate Finance. We will all be accessible for Q&A, afterward today’s able remarks.
I would like to admonish you that we will accomplish advanced statements during this alarm apropos approaching contest and banking performance, including admonition for the fourth (sic-third) division of 2018. We cannot agreement that any advanced statements will be accurate, although we accept that we accept been reasonable in our expectations and assumptions. Our 10-K for 2017 and our consecutive SEC filings analyze assertive factors that could account the company’s absolute after-effects to alter materially from those projected in any advanced statements fabricated today. Except as adapted by law, we undertake no obligation to about amend or alter these statements, whether as a aftereffect of any new information, approaching contest or otherwise.
Also, amuse agenda that during this call, we will altercate assertive non-GAAP banking measures as we analysis the company’s performance. These non-GAAP banking measures should not be advised replacements for and should be apprehend calm with GAAP results. Amuse accredit to the Broker Relations breadth of our website to admission a archetype of our balance release, which contains descriptions of our non-GAAP banking measures and reconciliations of non-GAAP measures to the abutting commensurable GAAP measures.
This alarm is actuality recorded, and a webcast will be accessible for epitomize on our IR website.
Now I would like to about-face the alarm over to Niraj.
Thanks, Joe. And acknowledge you all for abutting us this morning. In Q3, Absolute Retail net acquirement grew by $511 actor or 43% year-over-year and absolute net acquirement grew by 42% year-over-
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