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

This article will look through Wayfair's business on a fundamental level and determine the direction it is headed. ... Wayfair posted a revenue decline of 3.1% between fiscal years 2020 and 2021.

With a 19% decline on the top line, the big online home furnishings seller may be a leading indicator of what’s next for the business.

Wayfair was able to move from a high default risk to a low default risk by the end of 2020, according to data from RapidRatings. But by the end of 2021, the retailer was back in the high risk ...

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 cuts 870 jobs, including 400 in Boston, ... industry has been slammed by broader economic problems, Shah on Friday said Wayfair has challenges specific to its retail business.

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'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 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 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 ...

Business; Wayfair laying off 1,650 people after telling them to work harder. Updated: Jan. 19, 2024, 1:46 p.m. ... However, the retail industry has since seen a decline due to inflation.