Wayfair Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals

New york--(business wire)--ambac reports first quarter 2024 results.

Q1  net revenue of $2.7 billion with 22.3 million active customers boston , may 2, 2024 /prnewswire/ -- wayfair inc. ("wayfair," "we," or "our") (nyse: w), one of the world's largest destinations for the home, today reported financial results for its first quarter ended march 31, 2024. first quarter 2024 financial highlights total net revenue of $2.7 billion, decreased $45 million, down 1.6% year over year u.s. net revenue of $2.4 billion, decreased $24 million, down 1.0% year over year international net revenue of $338 million, decreased $21 million, down 5.8% year over year.

Global three-day sales event will feature free shipping sitewide and up to 80% off thousands of items, with new deals dropping every 12 hours boston , april 24, 2024 /prnewswire/ -- wayfair inc.  (nyse: w), the destination for all things home, today announced it will kick off its annual way day on saturday, may 4 at 12 a.m. et. this global three-day sale is wayfair's biggest event of the year, featuring 12-hour flash deals, doorbusters on top-selling products, and limited-time sales of up to 80 percent off all things home, with free shipping on everything.

The wilmette, il store opens may 23, 2024 boston , april 18, 2024 /prnewswire/ -- wayfair inc. (nyse: w), one of the world's largest destinations for the home, today announced the grand opening of its inaugural large-format wayfair store is may 23, 2024 at 10 a.m. the wayfair store, spanning 150,000 square feet, is located in edens plaza in wilmette, illinois.

Boston , april 2, 2024 /prnewswire/ -- wayfair inc. (nyse:w), one of the world's largest destinations for the home, today announced that it will release financial results for its first quarter ending march 31, 2024 before the opening of the market on may 2, 2024. wayfair will host a conference call at 8 a.m.

Wayfair's (W) first-quarter 2024 results reflect the positive impact of a growing active customer base. However, lower net revenues per active customer is a concern.

The online home good seller posted a 32-cent-per-share loss but showed improvement in many key metrics. Its stock soared.

Wayfair (W) shares soared Thursday after the online home furnishings retailer reported better-than-expected first-quarter results.

Although the revenue and EPS for Wayfair (W) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Online furniture retailer Wayfair Inc (NYSE:W, NYSE:) was on the move on Thursday after delivering a strong set of first-quarter financials. The group saw a slight decline in revenue, 1.6% lower to £2.7 billion year over year to be precise, but a significant reduction in net losses to $248 million from $355 million in the prior year.

Wayfair (W) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.45. This compares to loss of $1.13 per share a year ago.

The furniture company reported first-quarter revenue of $2.73 billion, topping Wall Street's call for $2.64 billion.

Wayfair Inc.'s stock W, +0.76% rose 3.9% early Thursday, after the online furniture retailer narrowed its quarterly loss and posted revenue that beat estimates. Wayfair had a loss of $248 million, or $2.06 a share, in the quarter, narrower than the loss of $355 million, or $3.22 a share, in the year-earlier period.

Wayfair's sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.

We have narrowed our search to three e-commerce stocks that are poised to beat on first-quarter earnings results this week. These are: AMZN, BKNG, W.