Tag Archives: Wayfair

Wayfair Soars As Shoppers Spend Big And Profits Grow

Wayfair Soars As Shoppers Spend Big And Profits Grow

Wayfair (NYSE:W) shares are trading higher on Monday after reporting second-quarter results. The e-commerce company reported adjusted earnings per share of 87 cents, beating the street view of 32 cents. Quarterly sales of $3.27 billion (up by 5% year-over-year or Y/Y) outpaced the analyst consensus estimate of $3.12 billion. Total net revenue, excluding the impact of our exit from the German …

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