by Mike Duff | Nov 4, 2021 | Retail Articles
As consumers changed their shopping patterns in a market less threatened by COVID-19, Wayfair took a step back in both revenues and earnings during the third quarter, although profits did beat a Wall Street estimate. Net loss was $78 million, or 75 cents per diluted...
by Mike Duff | Aug 6, 2021 | Featured News, Furniture, Retail Articles
Wayfair sales and earnings slipped in the second quarter, but the e-tailer pointed out that the recent results were stronger than in the pre-pandemic period in 2019. Wayfair net income was $130.4 million, or $1.14 per diluted share, versus $273.9 million, or $2.54 per...