Wayfair, Up 95% This Year, Breaks Out On Major Earnings Beat
Group 1 - Wayfair reported a 218% increase in earnings to 70 cents per share adjusted, significantly surpassing forecasts of 44 cents per share adjusted [1] - Revenue for Wayfair increased by 8.1% to $3.12 billion [1] - The company did not indicate any major impacts from tariffs on its results [1] Group 2 - President Donald Trump announced new tariffs affecting three major industries, with duties ranging from 25% to 100% [2]