by Mike Duff | Nov 30, 2022 | Retail Articles
From Thanksgiving through Cyber Monday, Wayfair managed a low single-digit sales increase in sales from the United States versus the same time period in 2021 with Black Friday coming in as the biggest of the five-day period in terms of revenue generation. Repeat...
by Peter Giannetti | Nov 8, 2022 | HomePage Views
Big plans in business are often easier said than done. On top of that, near-term needs can become so unexpectedly urgent that they can cloud sensible strategic vision for the long term. Wayfair is hoping to convince stockholders, employees, suppliers and other...
by Mike Duff | Nov 3, 2022 | Featured News, Retail Articles
After the company narrowly beat Wall Street estimates despite recording a loss, Wayfair CEO Niraj Shah detailed plans for a quick recovery of the company’s financial fortunes. Net loss in the quarter was $283 million, or $2.66 per diluted share, versus a net loss of...
by Chandler Harvey | Sep 9, 2022 | Featured News, Retail Articles
Wayfair posted a loss in the second quarter that got people buzzing about its ability to operate profitably and advance its business model in the middle and long term. The company, however, just detailed some near-term initiatives intended to turn around its numbers...
by Mike Duff | Aug 4, 2022 | Retail Articles
For the second quarter, Wayfair recorded a loss during a period the company’s chairman termed “difficult.” Net loss for the quarter was $378 million, or $3.59 per diluted share, versus net income of $131 million, or $1.14 per diluted share in the year-previous period....
