Wayfair

Services | Catalog & Mail Order Houses | USA
Wayfair Shares Jump After Better-Than-Expected Fourth Quarter

The online home decor retailer's shares jump following a narrower-than-expected fourth-quarter loss amid an increase in active customers and sales.

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Wayfair said it lost $143.8 million, or $1.12 a share, vs. a year-earlier loss of $50.9 million, or 58 cents. Analysts surveyed by FactSet had expected a loss of $1.28 a share. Direct retail revenue increased 41% to $1.99 billion vs. $1.41 billion in the year-earlier quarter.

The online retailer's number of active customers jumped 38% to 15.2 million during the quarter; orders per customer came in at 1.85 vs. 1.77 a year ago. Average order value was $227 vs. $229, while repeat customers placed 66.4% of total orders in the fourth quarter compared with 62.4% in the fourth quarter of 2017.

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Wayfair generated gross profit of $585 million, or 24% of sales, and recorded an adjusted EBITDA loss of $54 million, narrower than the $76 million expected by analysts. For the full year, the company posted a net loss of $504.1 million, or $4.09 a share, vs. $244.6 million, or $1.96 a share, in 2017. The company's year-end cash position was $970 million. 

https://www.thestreet.com/investing/earn...yptr=yahoo

Die "jumpen" dann mal geradewegs 27% nach oben....

Wayfair Bulls Get More Bullish as the Stock Keeps Racing Ahead

Over the past year, it has more than doubled as investors have bought into the online houseware retailer’s growth story. And on Monday, it was up nearly 6% to $158.72 following the Friday announcement of fourth-quarter financial results. Revenue was up more than 40% year over year and gross profits increased just above 24%.

The company still loses money, and that doesn’t seem likely to change in the near term. Wall Street currently forecasts net losses as far into the future as 2023 even as revenue, which neared $7 billion, is seen approaching $20 billion over that period.

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https://www.barrons.com/articles/wayfair...latestnews

“AR/VR is certainly a space we’ve been playing with for quite a while now, and we do believe that over time it can have a meaningful impact in terms of making it easier to shop for your home from your home,” said Steven Conine, co-founder and co-chairman of Wayfair, at the Jefferies Virtual Consumer Conference on Tuesday.

https://www.cnbc.com/2021/06/22/wayfair-...sales.html



https://www.marketwatch.com/investing/stock/w