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Can Wayfair Add $100 Billion to Its Sales Base?

Can Wayfair Add $100 Billion to Its Sales Base?

Wayfair (NYSE: W) just closed an incredible fiscal year in which it added $5 billion, growing its sales base by 55%. The online retailer also achieved net profitability for the first time while setting records around customer satisfaction and engagement. In a conference call with Wall Street analysts, and in a letter to shareholders, CEO Niraj Shah and his team explained why they believe Wayfair can improve on the 2% market share Wayfair currently controls in the $800 billion home furnishings category.