Q3 Earnings Highs And Lows: Wayfair (NYSE:W) Vs The Rest Of The Online Retail Stocks

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Wayfair (NYSE:W) and the rest of the online retail stocks fared in Q3. Consumers ever rising demand for convenience, selection, and speed are secular engines underpinning ecommerce adoption. For years prior to Covid, ecommerce penetration as a percentage of overall retail would grow 1-2% annually, but in 2020 adoption accelerated by 5%, r ...