Wayfair (NYSE:W) is gearing up to release its second-quarter earnings before the market opens on August 4, with expectations of surpassing Street estimates for both sales and profitability. On Monday, ...

Wayfair is cutting about 870 employees, or 5% of its global workforce, as part of a plan previously announced by the home goods company to manage operating costs and realign its investment ...

News Wayfair to Cut 1,750 Jobs, 10% of Staff, After Sales Decline Wayfair said the reductions would include about 18% of corporate employees, reflecting efforts to eliminate management layers and ...

Wayfair announced on Friday that it is laying off nearly 900 employees, or 5% of its workforce worldwide. The Boston home goods company is cutting about 870 jobs. Wayfair reported a 55% sales ...

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

Wayfair Inc (NYSE: W) reported a second-quarter FY22 sales decline of 14.9% year-on-year to $3.28 billion, beating the consensus of $3.19 billion. International net revenue fell 35.7% to $0.5 ...

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 financial position is precarious, ... In my opinion, Wayfair's financial position implies it cannot afford the 10-30% decline in sales that would likely occur during a recession.

In the quarter ended June 30, Wayfair’s sales fell by 2% to $3.12 billion while reported a loss of $42 million or 34 cents per share. 3 The company has had two massive layoff rounds within the ...

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 ...

Wayfair, which now offers more than 18 million products, brought in sales of $9.1 billion in 2019, which was up 35% from the previous year. It also recorded losses of about $1 billion. Got a tip?

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 of a ...