A double miss on quarterly results is having lingering effects on the furniture and home goods retailer.Wayfair's (W 1.68%) online portal may be a popular destination for consumers shopping for furniture and home goods, but the company hasn't been popular on the stock exchange lately. According to data compiled by S&P Global Market Intelligence, its share price had fallen by almost 14% week to date as of Friday before market open. Analysts continued to get more bearish on the company following its discourag ...

＃相关rel报ate告dReport＃ ＃市场ma数rk据etData＃ 日期 2024.8.5 收盘价(美元) 44.38 总股本(亿股) 1.23 总市值(亿美元) 54.11 总资产(亿美元) 34.4 净资产(亿美元） -27.6 每股净资产(美元） -22.4 数据来源：Wind 主要财务指标 | --- | --- | --- | |---------------------------------|-------|-------| | ＄会计zy年c度wzb|主要财务指标＄ | 2020A | 2022A | | 营业收入(百万美元) | 14145 | 12218 | | 同比增长(%) | 55.0 | -10.9 | | 扣非归母净利润(百万美元) | 185 | -1427 | | 同比增长(%) | N/A | N/A | | 毛利率(%) | 29.1 | 28.0 | | 净利润率(%) | 1.3 | -10.9 | | 摊薄ROE（%） | -15.5 | 52.2 | | 每股收益（美元）（基本） | 1.9 | -12.5 | 来源：WIND，兴业证券经济与金融研究院整理 ...

The Good Brigade Investment summary My previous investment piece on Wayfair (NYSE:W) (published on 5th June) had a buy rating because of the positive long-term growth outlook, which is well-supported by W’s competitive advantage. Additionally, I believed that W was going to see strong EBITDA margin inflection when growth recovered. 2Q24 results update Released on 1st August, 2Q24 total revenue fell by 1.7%, missing consensus flattish expectation (0.2% y/y growth estimate). Poor growth was dragged down b ...

Wayfair (W) reported second-quarter 2024 non-GAAP earnings of 47 cents per share, missing the Zacks Consensus Estimate by 6%. The company reported earnings of 21 cents per share in the year-ago quarter.Net revenues of $3.12 billion lagged the consensus mark by 2%. The top line decreased 1.7% year over year.LTM net revenues per active customer decreased 0.9% year over year to $540, which beat the Zacks Consensus Estimate by 1.5%.Nevertheless, growth in the active customer base remained positive. Active custo ...

Wayfair Inc. W shares are trading lower on Friday.The company’s recently released second-quarter results show adjusted EPS and sales falling short of expectations amid cautious consumer spending and a challenging market.The results came amid an exciting earnings season. Here are some key analyst takeaways.RBC Capital Markets analyst Steven Shemesh reiterated the Sector Perform rating on the stock, lowering the price forecast to $53 from $65.Shemesh trimmed estimates on the back of a more muted industry dema ...

Amid the turbulence in the consumer and retail sector, Wayfair Inc. W has been making headlines for its recent dip in stock performance.However, JPMorgan analyst Christopher Horvers is urging investors not to panic but instead “Buy the Dip,” as he emphasizes that the issues facing Wayfair are macroeconomic rather than company-specific.Horvers maintains an Overweight rating on the stock, albeit with a revised price target of $63 by December 2024, down from the previous $80. Here’s why he believes Wayfair’s l ...

Key Takeaways"Customers remain cautious in their spending on the home," according to Wayfair CEO Niraj Shah. The furniture retailer's third-quarter guidance, to a decline in the low single digits, was lower than analysts expected. Second-quarter revenue fell 1.7% year-over-year. People aren’t buying furniture to a degree that hasn’t been felt since the Great Recession of 2008, according to Wayfair's (W) CEO. Shares of the online home furnishings retailer dropped after the company’s second-quarter results we ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36666 Wayfair Inc. (Exact name of registrant as specified in its charter) Delaware 36-4791999 (State or other jurisdictio ...

Wayfair’s shares are plunging after its chief executive said on an earnings call that demand for household goods is at the level of the “financial crisis.”The struggling online furnishings giant reported second quarter earnings on Thursday that missed Wall Street’s expectations on both the top and bottom, sending its shares down by more than 11%. 3 Home furnishings giant Wayfair is trying to lure customers back with discounts. Wayfair.com“Our credit card data suggests that the category correction now mirr ...

Wayfair Inc. (NYSE:W) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants James Lamb - Head of Investor Relations Niraj Shah - Chief Executive Officer, Co-Chairman & Co-Founder Steve Conine - Co-Chairman & Co-Founder Kate Gulliver - Chief Financial Officer & Chief Administrative Officer Conference Call Participants Christopher Horvers - JPMorgan Peter Keith - Piper Sandler Curtis Nagle - Bank of America Simeon Gutman - Morgan Stanley Maria Ripps - Canaccord Genuity Steven Forbes ...