Wayfair Inc. stock has surged by over 115% in 2023, ... Wayfair's recent financial performance doesn't match its pre-pandemic growth rates. Profitability concerns persist, ...

Long-established in the Retail - Cyclical industry, Wayfair Inc (NYSE:W) has enjoyed a stellar reputation. However, it has recently witnessed a daily loss of 7.93%, juxtaposed with a three-month ...

Wayfair’s shares are plunging after its chief executive said on an earnings call that demand for household goods is at the level of the “financial crisis.” Primary Menu Sections US News ...

In other recent news, Wayfair has been the subject of both financial scrutiny and strategic success. Truist Securities recently adjusted Wayfair's price target to $60 while maintaining a Buy rating.

Wayfair CEO Niraj Shah likened the slowdown in the home goods category to the great financial crisis as the company reported misses on the top and bottom lines.

Goldman Sachs lifts Wayfair stock target to $51, maintains Buy rating ...

Despite the recent positive price performance, the company's P/E ratio is negative at -9.84, suggesting that Wayfair is not profitable as of the last twelve months ending Q2 2024.

Wayfair on Thursday reported that revenue declined 1.6% in the first quarter compared with a year earlier, much better than Wall Street expectations for a 5% drop.

The firm also continues to dilute shareholders through excessive stock-based compensation, despite its weak performance and nearly 90% peak-to-trough devaluation. Wayfair has very high short ...

Wayfair Ups Promotions Without Taking a Big Financial Hit. Here’s How They Do It. Bruised by a sluggish housing market, the home-furnishings retailer has been offering more deals this year ...