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Form 8-K · Current Report · Filed 2025-11-07

Wayfair Issues Senior Secured Notes and Appoints New Director

Wayfair Inc. has issued $700 million aggregate principal amount of 6.75% senior secured notes due 2032, which it intends to use to repurchase a portion of its outstanding convertible senior notes due 2027 and 2028 and for general corporate purposes. The net proceeds may also be used for repayment of other existing indebtedness. Additionally, Wayfair appointed Hal Lawton, president and CEO of Tractor Supply Company, to its Board of Directors, effective November 6, 2025.

Filer
Wayfair Inc. W · NYSE
Filed
Accession
0001193125-25-272454
CIK
0001616707
Signal
High impactConsumer Cyclical

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 2.03

Creation of a Direct Financial Obligation

New Debt Issued
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New CEO Appointed

Market reaction

Close before filing

$98.70

Next session

+14.0%

Since filing

-14.0%

Latest close

$84.90

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from W reporting the same item, with the next session's move:

About Wayfair Inc.

Wayfair Inc. is an e-commerce company specializing in the sale of home goods and furnishings. Primarily functioning as an online retail platform, Wayfair offers a vast array of products encompassing furniture, decor, kitchenware, and lighting. It operates through several brand websites, including Wayfair.com, Joss & Main, AllModern, Birch Lane, and Perigold, each catering to different style preferences and price points. Wayfair's business model prioritizes a seamless shopping experience, leveraging advanced logistics and data-driven insights to manage its extensive inventory and optimize delivery speed. Serving a diverse customer base, from individual shoppers to interior design professionals, Wayfair plays a significant role in the home furnishings market. The company's innovative use of technology, such as augmented reality (AR) features and machine learning, sets it apart, enabling customers to visualize products in their own spaces before purchasing. Wayfair's position in the market highlights the dynamic shift towards online shopping within the home goods sector, impacting traditional retail channels and influencing consumer purchasing behavior across the United States and beyond.

Exchange NYSE Industry Internet Retail Company website ↗

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