Thinknum Alternative Data
Request Demo
Thinknum Login
Questions answered using Thinknum

Fundamental Investors

How many cars has Carmax sold this week compared to the same week last year?

How is foot traffic at Chipotle changing YoY?

What are the industrial companies that are growing and hiring the most?

Quantitative Analysts

How are the number of Twitter followers a leading indicator for company performance?

How are the number of LinkedIn employees a leading indicator for company performance?

Business Inteligence

Which private companies are getting their products picked up by major retailers?

Which private healthcare companies are hiring the most?

Which tech startups are getting the largest increase in mobile app downloads?

Get Ahead of Global Volatility with Alternative Data
Join us live on April 7th
Get Ahead of Global Volatility with Alternative Data - Join us live on April 7th
Reserve seat Dismiss

Wayfair's stock and employee headcount drop, but revenue and social media following rise

1 month ago by Julia Gray in Markets

Fourth-quarter losses for e-commerce home retailer Wayfair ($NASDAQ:W) were deeper than expected in this morning’s earnings report. With the report, the company’s share price dropped 8% with a net loss of $330.2 million— that’s $3.54 per share. Last year, Wayfair lost $1.59 per share, totaling $143.8 million.

And that’s not all the company’s losing. Wayfair’s LinkedIn headcount started to drop off in December after steadily rising all last year. 11,900 employees went down to 11,400 in January. While this is only a 4% decrease, it follows years of nearly uninterrupted expansion. That said, the number is now at 11,700, so an upswing is possible.

  

On the bright side, revenue came in at $2.53 billion, up from $2.01 billion. Wayfair has seen steady growth in its Twitter and Instagram followers. The company’s Facebook ‘Talking About’ count has remained healthy, as well. It hasn’t grown much in two years, today at 173,000, but that number is quite a bit higher than where it was five years ago. Since 2015, Wayfair’s Facebook mentions have gone up 91%.

A few days ago, Wayfair partnered with Kelly Clarkson for an Instagram campaign. If Instagram and Twitter followings continue to grow, maybe so will the company.

About the Data:

Thinknum tracks companies using the information they post online - jobs, social and web traffic, product sales and app ratings - and creates data sets that measure factors like hiring, revenue and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales. 

Further Reading: 

Join the businesses who have begun to edge out competitors by scouring the web for alternative data.

Request demo
Ready for a personalized tour?

Julia Gray

Julia is Thinknum's Innovation Editor. She also writes about music, art, and culture for the Washington Post, Playboy, Stereogum, Uproxx, and Paper Magazine.

Request a demo

We would love to show you how Thinknum will benefit your investment process. To get started, fill out the form and we'll contact you shortly to schedule your demo.

Get Thinknum Media in your inbox

Start the day off with our Weekly Digest.