Wayfair Inc. (W)
Market Cap | 7.21B |
Revenue (ttm) | 12.00B |
Net Income (ttm) | -738.00M |
Shares Out | 120.36M |
EPS (ttm) | -6.47 |
PE Ratio | n/a |
Forward PE | 65.83 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,513,474 |
Open | 61.23 |
Previous Close | 60.95 |
Day's Range | 59.74 - 61.46 |
52-Week Range | 29.51 - 90.71 |
Beta | 3.28 |
Analysts | Buy |
Price Target | 75.33 (+25.07%) |
Earnings Date | May 2, 2024 |
About W
Wayfair Inc. provides e-commerce business in the United States and internationally. The company offers approximately thirty million products for the home sector. It offers online selections of furniture, décor, housewares, and home improvement products through its sites consisting of Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional. The company offers its products under the Three Posts and Mercury Row brand name. The company was founded in 2002 and is headquartered in Boston, Massachusetts. [Read more]
Financial Performance
In 2023, Wayfair's revenue was $12.00 billion, a decrease of -1.76% compared to the previous year's $12.22 billion. Losses were -$738.00 million, -44.55% less than in 2022.
Financial StatementsAnalyst Forecast
According to 27 analysts, the average rating for W stock is "Buy." The 12-month stock price forecast is $75.33, which is an increase of 25.07% from the latest price.
News
"Welcome to The Wayborhood" - New Brand Campaign from Wayfair Empowers Everyone to Create their Own Unique Expression of Home
Unveiling a refreshed logo, a new take on the brand's iconic jingle, and more, the star-studded campaign inspires consumers to celebrate their personal home styles and needs, unapologetically BOSTON ,...
THE Mining Investment Event of the North, Quebec City - June 4-6, 2024 Announces Keynote Speaker, Pierre Fitzgibbon, Quebec Minister of Economy, Innovation and Energy
Special Sponsor Government of Québec Premier Sponsor Laurentian Bank Securities Platinum Sponsor National Bank Financial Markets Gold Sponsors IBK Capital, O3 Mining, First Phosphate Student Sponsor...
Wayfair Benefits From More Customers, Cost Cuts; Stock Rises on Earnings
Wayfair Inc. (W) shares jumped Thursday after the online home furnishing retailer posted a lower-than-expected net loss as it cut costs and added customers.
ETSY, BLDR, W, RCL, MRNA: What Happened After Earnings?
Etsy (ETSY) drops after an earnings miss. Builders FirstSource (BLDR) pops to new highs after 4Q beat.
Wayfair CEO says laying off workers has turned out great
Wayfair's leaders say several recent rounds of layoffs have made the company better and better. In January, the home goods company laid off 13% of its workforce, affecting 1,650 employees.
Wayfair's stock leaps as job cuts allows for more work to get done, and faster
Shares of Wayfair Inc. soared Thursday, after the online home-furnishings retailer reported a narrower-than-expected fourth-quarter loss and said it returned to positive active customer growth after t...
Wayfair Posts Narrower-Than-Expected Loss and a Gain in Active Customers. The Stock Rises.
The online furniture retailer sees active customers rise 1.4% in the fourth quarter.
Wayfair Announces Fourth Quarter and Full Year 2023 Results, Returns to Positive Year-Over-Year Active Customer Growth
Q4 Net Revenue of $3.1 billion with 22.4 million Active Customers BOSTON , Feb. 22, 2024 /PRNewswire/ -- Wayfair Inc. ("Wayfair," "we," or "our") (NYSE: W), one of the world's largest destinations fo...
HD, LOW, W, WSM: The Home Improvement Retail Segment
Does Home Depot (HD) or Lowe's (LOW) come out on top? Seth Basham discusses Home Depot versus Lowe's, as well as the takeaways from Home Depot's earnings.
Analyst says buy Wayfair on market dominance and growth potential
E-commerce platforms have room to run under Amazon's dominance in the space. Chinese online retail site Temu even advertised several commercials during this year's Super Bowl.
Wayfair Announces Decorify App for Apple Vision Pro
Wayfair's virtual room styler and 3D imaging tools enable Apple Vision Pro users to reimagine their living spaces and experience the future of shopping in their home BOSTON , Feb. 6, 2024 /PRNewswire/...
Wayfair layoffs hit mostly remote workers, staffers fret over company's future
Executives at the Boston-based company sought to reassure worried staffers on Tuesday by insisting that a sale of the company wasn't being considered.
Wayfair Schedules Fourth Quarter 2023 Earnings Release and Conference Call
BOSTON , Jan. 24, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE:W), one of the world's largest destinations for the home, today announced that it will release financial results for its fourth quarter ending...
Wayfair's job cuts reportedly hit remote workers harder, amid battle over returning to the office
In the ongoing fight between managers and employees over remote work, online furniture and home-goods retailer Wayfair Inc., in its latest round of job cuts, appeared to side with commutes, offices an...
Wayfair Layoffs Focused on Remote Workers
Wayfair employees who work remotely were more likely to be laid off in the latest round of job cuts at the online furniture seller, executives told staff.
Macy's And Wayfair Are Downsizing And Walmart Is Adjusting As Retail Readies For A Reset
Following a year when retail grew 3.5% overall and November-December 2023 holiday sales were even more robust, advancing 3.8%, retailers are going into 2024 with wind in their sales.
Wayfair lays off 13% of employees weeks after CEO told workers to log more hours
The layoffs come after a year-end note to staffers telling them "working long hours, being responsive, blending work and life, is not anything to shy away from."
Wayfair Cuts 13% of Workforce While ‘Right-Sizing Its Cost Structure'
Wayfair is laying off 1,650 employees as part of its efforts around “right-sizing its cost structure.” The cuts amount to about 13% of its global workforce and 19% of its corporate team, the furniture...
Wayfair, Google, Amazon Duolingo Cut Hundreds Of Jobs: Here Are The 2024 Tech Layoffs
Furniture e-commerce company Wayfair announced plans Friday morning to cut 13% of its workforce, amid a string of corporate layoffs this year at Google, Amazon, Discord and Duolingo, as businesses loo...
Wayfair to cut 1,650 jobs
E-commerce home goods retailer Wayfair said it will cut jobs and expects its restructuring plan, which started in August 2022, to save more than $280 million.
Wayfair Stock Jumps on Plans to Cut 1,650 Jobs. It Admits Going ‘Overboard' in Hiring.
Wayfair sees annualized cost savings of more than $280 million from the job cuts.
Read the email Wayfair's CEO sent to staff announcing that it's laying off 13% of its workforce
Wayfair is laying off 13% of its global workforce, or around 1,650 staff. "I truly regret the impact this will have on you," CEO Niraj Shah told staff.
Wayfair is laying off 1,650 employees
Wayfair Inc. shares rose 15.9% in premarket trades Friday after the home goods retailer announced a workforce reduction involving approximately 1,650 employees. The cuts represent approximately 13% of...
Wayfair is slashing 1,650 jobs just weeks after the CEO said it was profitable again
Wayfair is cutting 1,650 jobs, or 13% of its workforce, it said Friday. Almost 1 in 5 corporate staff are being laid off and the company is reviewing levels of management.
Online furniture retailer Wayfair to cut 1,650 jobs to trim costs
Online furniture retailer Wayfair said on Friday it would lay off about 1,650 employees, or 13% of its global workforce, as it looks to trim costs.