Wayfair

Is anyone buying couches and beds from Wayfair anymore?

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Shoppers dished out for new sofas, beds and decor, remodeled their kitchens and backyards and invested in their remote work setup. Demand was so hot that it broke global supply chains and caused lengthy delays for goods. It all meant boom times for online retailer Wayfair (W) and companies such as Williams-Sonoma (WSM), RH (RH), … Read more

Wedbush slashes Wayfair price target ahead of expected earnings disappointment (NYSE:W)

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JHVEPhoto/iStock Editorial via Getty Images Wayfair (NYSE:W) stock surged on Monday despite the expectation of a disappointing earnings report voiced by Wedbush analyst Seth Basham. “We remain sidelined on [Wayfair] (W) into 2Q22 earnings on Thursday, August 4,” he told clients. “While industry retail sales growth continued to increase 3% y/y in 2Q22, our checks, … Read more