Wayfair's steep valuation premium ignores limited growth, lack of competitive edge, and market challenges. Read here for more ...

"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 ...

Online home goods company Wayfair saw sales decline in its fiscal second quarter as its CEO called the current slowdown in the home goods category “unprecedented” — and likened it to the ...

Wayfair ended the fourth quarter with 21.4 million customers, a 4.5% decline from the year-ago period. Revenue per active customer in the last year was $555, up from $537 in the fourth quarter of ...

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.” Primary Menu Sections US News ...

It’s not a great time to be in the furniture business. This week, Wayfair reported a $42 million loss in the last quarter. The company’s CEO compared the current drop in demand for home goods ...

Wayfair CEO says home good sales decline is reminiscent of 2008 recession. High interest rates combined with inflation have contributed to a slowdown in home furnishing and good sales ...

Wayfair's Q3 adjusted EPS of 22 cents surpassed estimates, while sales declined 2% to $2.88 billion, exceeding analyst expectations. Wayfair aims to enhance customer loyalty and repeat business ...

The CEO of Wayfair compared the company’s disappointing sales report to trends they saw during the 2008 recession, saying that consumers are still “cautious” about spending money, as fears ...

In 2023, Wayfair had $5.7 billion in sales, a 2.6% decline from 2022, but it is still the second-largest furniture retailer in the United States, according to Home News Now, a trade publication ...

That outlook manifested in Wayfair’s third-quarter revenue projection, with the company projecting a decline in in the low single digits. Analysts were expecting a roughly 1% decline, per ...