The third quarter saw Wayfair top a Wall Street estimate on earnings as revenues came up a bit short. Net loss was $163 million, or $1.40 per diluted share versus a net loss of $283 million, or $2.66 per diluted share, in the year-prior quarter. Adjusted for one-time...
Wayfair is making its pitch to early holiday shoppers with a second version of the company’s key promotional event. The second 2023 Way Day will kick off as a two-day event at midnight easter time on October 25, featuring deals on more than one million items for the...
Wayfair has launched The Montana Collection by Kelly Clarkson Home including vintage looks and antiqued details inspired by the star’s ranch home in Montana. The exclusive collection expands the Kelly Clarkson Home product line with hundreds of new furniture and...
Ubique Group, a merchandiser of furniture and décor, has teamed up with Martha Stewart to launch a new line of home office products including furniture and storage. The 112-piece collection consists of commercial-quality office furniture in an assortment of styles and...
With an eye to increasing momentum, Wayfair gained traction on its turnaround strategy in the second quarter, posting adjusted profits among its better results and easily beating Wall Street estimates. Net loss was $46 million, or 41 cents per diluted share, versus a...
