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Why Wayfair Stock Jumped This Week

08:16am, Friday, 04'th Aug 2023
Wayfair returned to order growth this quarter. A full rebound is still likely several quarters away.
Wayfair cut costs and boosted its gross margin in the second quarter. The company is now producing positive adjusted EBITDA and free cash flow but remains unprofitable on a GAAP basis.
Expedia shares drop despite topping second-quarter revenue estimates. Online furniture retailer Wayfair stock jumps after posting an earnings beat.
Shares of Wayfair Inc. soared toward a 15-month high Thursday, after the online home-furnishings retailer reported a surprise second-quarter profit, as a jump in gross margins helped offset declines i
Markets recovered from their morning losses by early afternoon on Thursday. Clorox reported solid financial results as its long-term strategy plays out favorably.
Online furniture retailer Wayfair continues climbing after beating second-quarter estimates, reporting adjusted earnings-per-share of $0.21 against an expected loss of $0.75 per share. Yahoo Finance L
The headline numbers for Wayfair (W) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates an

Why Wayfair Stock Was Soaring Earlier Thursday

11:00am, Thursday, 03'rd Aug 2023
Wayfair reported improving revenue trends. Delivered orders were up 3% year over year.
Wayfair (W) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of a loss of $0.67 per share. This compares to loss of $1.94 per share a year ago.

Wayfair Stock Soars After It Smashes Expectations

07:42am, Thursday, 03'rd Aug 2023
The online furniture retailer posted adjusted earnings of 21 cents a share for its second quarter. Wall Street had forecast a loss of 73 cents.

W Stock Pops as Piper Sandler Upgrades Wayfair

01:29pm, Monday, 31'st Jul 2023
Wayfair (NYSE: W ) stock is popping up sharply on Monday following Piper Sandler's positive assessment of the business and underlying industry. Analyst Peter Keith sees stabilizing trends in the home
Wayfair Inc  (NYSE:W) is up 3.9% to trade at $75.87 at last check, after Piper Sandler upgraded the stock to "overweight" from "neutral," and raised its price target to $97 from $35.
Yahoo Finance Live anchors Julie Hyman and Brad Smith break down the reasons for the upgrade on Wayfair stock from Neutral to Overweight and the price target raise to $97 from $35.
Shoppers aren't ordering from Wayfair the way they used to in the past. Yet the business has a great position in an attractive growth industry.
Paul Toms takes on the CMO position in the wake of the online retailer's broad cost-cutting strategy.
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