<p>Online home furnishings retailer Wayfair Inc. hit the New York Stock Exchange early Thursday morning and successfully raised $319 million from the IPO. </p>
<ul>
<li><strong>The company performed spectacularly in 2013, growing annual sales 55% to $913 million.</strong></li>
<li><strong>Wayfair is relatively niched compared to other major online retailers, making its performance all the more impressive.</strong></li>
</ul>
<p><div class="KonaFilter image-container click-to-enlarge"><div class="image"><a title_source="BI Intelligence" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/542dbd2beab8ea7d3fd373c4-960/online%20furniture-1.png"><span class="sprites click-to-enlarge-icon" title="Click to enlarge"></span><img src="https://static-ssl.businessinsider.com/image/542dbd2beab8ea7d3fd373c4-1200-924/online%20furniture-1.png?maxX=800" border="0" alt="Online furniture" width="800" /></a><p class="source"><span>BI Intelligence</span></p></div><p></p></div></p>

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CHART: Wayfair IPOs As Online Home Furnishing Sales Flourish

Online home furnishings retailer Wayfair Inc. hit the New York Stock Exchange early Thursday morning and successfully raised $319 million from the IPO. The company performed spectacularly in 2013, growing annual sales 55% to $913 million. Wayfair is relatively niched compared to other major online retailers, making its performance all the more impressive. BI Intelligence

Online home furnishings retailer Wayfair Inc. hit the New York Stock Exchange early Thursday morning and successfully raised $319 million from the IPO.

CHART: Wayfair IPOs As Online Home Furnishing Sales Flourish

Nicholas Quah

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