After the company narrowly beat Wall Street estimates despite recording a loss, Wayfair CEO Niraj Shah detailed plans for a quick recovery of the company’s financial fortunes. Net loss in the quarter was $283 million, or $2.66 per diluted share, versus a net loss of...
Wayfair announced that it had a first-quarter loss as it adjusts to an environment where the COVID-19 pandemic is a lesser factor and other macroeconomic and political developments are pressuring operations. In addition, Wayfair announced that Michael Fleisher will be...
