Wayfair Changes Auditors to Deloitte & Touche

TL;DR

Wayfair dumped PwC for Deloitte. Big accounting shakeup.

AI Summary

On January 28, 2025, Wayfair Inc. announced a change in its certifying accountant. The company has dismissed PricewaterhouseCoopers LLP and engaged Deloitte & Touche LLP as its new independent registered public accounting firm, effective immediately.

Why It Matters

A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors will monitor closely.

Risk Assessment

Risk Level: medium — Changes in auditors can sometimes precede or coincide with financial restatements or other accounting concerns, warranting investor attention.

Key Players & Entities

• Wayfair Inc. (company) — Registrant
• PricewaterhouseCoopers LLP (company) — Former Certifying Accountant
• Deloitte & Touche LLP (company) — New Certifying Accountant
• January 28, 2025 (date) — Effective date of change

FAQ

Key Financial Figures

• $0.001 — which registered Class A Common Stock, $0.001 par value per share W The New York Stoc

Filing Documents

• w-20250128.htm (8-K) — 34KB
• a2025-01x31ex161.htm (EX-16.1) — 3KB
• 0001616707-25-000007.txt ( ) — 158KB
• w-20250128.xsd (EX-101.SCH) — 2KB
• w-20250128_lab.xml (EX-101.LAB) — 21KB
• w-20250128_pre.xml (EX-101.PRE) — 12KB
• w-20250128_htm.xml (XML) — 3KB

01. Changes in Registrant's Certifying Accountant

Item 4.01. Changes in Registrant's Certifying Accountant. (a) Dismissal of Independent Registered Public Accounting Firm On January 28, 2025, the Audit Committee (the "Audit Committee") of the Board of Directors of Wayfair Inc. (the "Company") approved the decision to change its independent registered public accounting firm and dismissed Ernst & Young LLP ("EY") as its independent registered public accounting firm, to be effective upon the completion of EY's audit of the Company's consolidated financial statements for the fiscal year ended December 31, 2024 and EY's audit of the Company's internal control over financial reporting as of December 31, 2024. The audit report of EY on the Company's consolidated financial statements as of and for the fiscal years ended December 31, 2023 and 2022 did not contain an adverse opinion or a disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope, or accounting principles. During the Company's fiscal years ended December 31, 2023 and 2022, and the subsequent interim period through January 28, 2025, there were no (i) "disagreements" (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) between the Company and EY on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of EY, would have caused EY to make reference to the subject matter of the disagreement in their reports on the financial statements for such years, or (ii) "reportable events" (as defined in Item 304(a)(1)(v) of Regulation S-K). In accordance with Item 304(a)(3) of Regulation S-K, the Company has provided EY with a copy of the foregoing disclosures and has requested that EY furnish the Company with a letter addressed to the Securities and Exchange Committee stating whether EY agrees with the statements made by the Company set forth above. A copy of EY's letter, dated January 31, 2025,

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 16.1 Letter from Ernst & Young LLP dated January 31 , 2025 104 Cover Page Interactive Data File (embedded within Inline XBRL document) 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WAYFAIR INC. Date: January 31, 2025 /s/ ANDREW OLIVER Andrew Oliver Deputy General Counsel and Assistant Secretary 3

View Full Filing

View this 8-K filing on SEC EDGAR