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W News and Press, Wayfair Inc. Class A From 08/04/23

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Company Name: Wayfair Inc. Class A
Stock Symbol: W
Market: NYSE
Website: wayfair.com

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W - Why Wayfair Stock Jumped This Week

2023-08-04 08:16:57 ET Shares of Wayfair (NYSE: W) beat the market this week, gaining 9% through Thursday trading compared to a 2% decline in the wider market. That spike contributed to big gains for shareholders this year. The stock is up 157% so far in 2023 according to data provi...

W - Wayfair's Cost Cuts Pay Off, but Real Profits Remain Elusive

2023-08-04 06:40:00 ET Online furniture and home-goods retailer Wayfair (NYSE: W) was slammed by a post-pandemic slowdown in demand. Revenue sank nearly 11% in 2022, along with a steeper decline in active customers. The first quarter of 2023 wasn't much better, with every important ...

W - CHY: Upside Potential, Fixed-Income Stability, And Interest Rate Protection

2023-08-03 16:29:00 ET Summary The high inflation rate in the U.S. is increasing the cost of living and reducing real median weekly earnings. People are resorting to desperate measures to cut expenses due to the rising prices of necessities like food, shelter, and energy. The ...

W - These 2 Unlikely Stocks Are Lifting the Whole Stock Market

2023-08-03 14:05:00 ET Wall Street started out Thursday in a bad mood, but investors regained their confidence by the early afternoon. Major benchmarks were up as much as half a percent as market participants started to get more comfortable with the idea that interest rates could remain hig...

W - Wayfair Inc. (W) Q2 2023 Earnings Call Transcript

2023-08-03 12:34:06 ET Wayfair Inc. (W) Q2 2023 Earnings Conference Call August 3, 2023 08:00 AM ET Company Participants James Lamb - Head of Investor Relations Niraj Shah - CEO, Co-Founder and Co-Chairman Steve Conine - Co-Chairman and Co-Founder Kate Gulliv...

W - Wayfair shoots higher after stellar earnings, double upgrade from Wells Fargo

2023-08-03 11:03:17 ET Wayfair ( NYSE: W ) scored a double upgrade from Wells Fargo and a bump up from Gordon Haskett, driving shares even higher after the company reported red-hot earnings. Shares rose 19% on Thursday. Wells Fargo notched shares up to Overweight from Un...

W - Why Wayfair Stock Was Soaring Earlier Thursday

2023-08-03 11:00:12 ET Shares of Wayfair (NYSE: W) were up 17% as of 9:52 a.m. ET on Thursday after the company released a better-than-expected second-quarter earnings report. The leading online home goods seller reported a 3.4% decline in revenue compared to the year-ago period...

W - Wayfair Inc. (NYSE: W) Sets New 52-Week High in Thursday Session

Shares of Wayfair Inc. (NYSE: W) traded at a new 52-week high today and are currently trading at $86.92. So far today, approximately 6.75M shares have been exchanged, as compared to an average 30-day volume of 6.06M shares. Wayfair Inc. engages in the e-commerce business in the United States ...

W - Wayfair pops as Americans continue to buy beds, blenders & bar stools

2023-08-03 09:36:57 ET Wayfair ( NYSE: W ) rose 12% on Thursday morning after quarterly earnings beat estimates. Q2 non-GAAP EPS of $0.21 beat the average analyst estimate by $0.93, while revenue of $3.17B beat by $70M. "We laid out a plan to strengthen our business that...

W - Wayfair Non-GAAP EPS of $0.21 beats by $0.93, revenue of $3.17B beats by $70M

2023-08-03 07:08:07 ET Wayfair press release ( NYSE: W ): Q2 Non-GAAP EPS of $0.21 beats by $0.93 . Revenue of $3.17B (-3.4% Y/Y) beats by $70M . Active customers totaled 21.8 million as of June 30, 2023, a decrease of 7.6% year over year. LTM net revenue p...

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