Wayfair Stock News

Wayfair Inc. (NYSE:W ) Q3 2024 Earnings Conference Call November 1, 2024 8:00 AM ET Company Participants James Lamb - Head of IR Niraj Shah - CEO, Co-Chairman & Co-Founder Kate Gulliver - CFO & Chief Administrative Officer Steve Conine - Co-Chairman & Co-Founder Conference Call Participants Ygal Arounian - Citi Christopher Horvers - JPMorgan Peter Keith - Piper Sandler Simeon Gutman - Morgan St...

Shares of Wayfair Inc (NYSE:W) are sliding today, reversing premarket gains despite the Boston-based department store name's better-than-expected third-quarter results.

Wayfair (W) shares slipped Friday even as adjusted profit soared above analysts' estimates as the online home furnishing retailer lost customers.

Wayfair's stock shoots up after adjusted profit, revenue and average order value beat forecasts, despite a surprise decline in active customers.

Q3  Net Revenue of $2.9 billion with 21.7 million Active Customers BOSTON , Nov. 1, 2024 /PRNewswire/ -- Wayfair Inc. ("Wayfair," "we," or "our") (NYSE: W), one of the world's largest destinations for the home, today reported financial results for its third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Total net revenue of $2.9 billion, decreased $60 million, down 2....

BOSTON , Oct. 22, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE: W), the destination for all things home, today announced its new loyalty program, Wayfair Rewards . Members who enroll in this program will unlock exclusive access to significant value and convenience, with a rich host of benefits including a reward offering that can be applied to future purchases, free shipping, exclusive sales, and sp...

Rising interest rates torched the home furnishings stock.

BOSTON , Oct. 8, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE: W) (the "Company," "we" or "Wayfair") today announced that its subsidiary, Wayfair LLC (the "Issuer"), closed its previously announced private offering of $800 million in aggregate principal amount of 7.250% senior secured notes due 2029 (the "Notes"). The Notes will mature on October 31, 2029, unless earlier repurchased or redeemed in a...