Wayfair's steep valuation premium ignores limited growth, lack of competitive edge, and market challenges. Read here for more ...

After three straight weeks of decline, unemployment claims grew in Pennsylvania last week. The U.S. Department of Labor ...

Wayfair CEO says home good sales decline is reminiscent of 2008 recession. High interest rates combined with inflation have contributed to a slowdown in home furnishing and good sales .

Wayfair's Q3 adjusted EPS of 22 cents surpassed estimates, while sales declined 2% to $2.88 billion, exceeding analyst expectations. Wayfair aims to enhance customer loyalty and repeat business ...

Wayfair reports a larger-than-expected Q4 loss, with active customers down 4.5% and order deliveries falling 5.3%. Despite beating sales estimates, Wayfair's international revenue drops 5.7%, and ...

In the quarter ended June 30, Wayfair’s sales fell by 2% to $3.12 billion while reported a loss of $42 million or 34 cents per share. 3 The company has had two massive layoff rounds within the ...

Wayfair also delivered about 6% fewer orders than they did during the same quarter in 2023. This contributed to its total net revenue to decline by $60 million during the quarter, which translates ...

Way Day is Wayfair’s biggest sales event of the year. Prices are typically up to 80% off across the lion’s share of its categories, from furniture and kitchen to outdoor and decor.

Furniture retailers like Wayfair suffer as fewer people buy homes. This week, Wayfair reported a $42 million loss and its CEO compared the drop in demand to the one seen in the last financial crisis.

The CEO of Wayfair compared the company’s disappointing sales report to trends they saw during the 2008 recession, saying that consumers are still “cautious” about spending money, as fears of a ...

Wayfair Inc. (NYSE:W) shares are trading lower on Friday. The company reported third-quarter adjusted earnings per share of 22 cents, beating the street view of 13 cents. Quarterly sales of $2.884 ...