Wayfair Inc. (NYSE: W - Get Free Report) shares traded up 7.4% during trading on Friday. The company traded as high as $82.40 and last traded at $85.4380. 436,158 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 3,507,110 shares. The stock had previously closed at $79.57. Key
W posts Q4 earnings of 85 cents, topping estimates as revenues climb 6.9% Y/Y and margins expand on improved ad efficiency.
Wayfair: The Dip Makes This Furniture Giant More Attractive, But Wait Before Buying
| Specialty Retail Industry | Consumer Discretionary Sector | Mr. Niraj S. Shah CEO | XFRA Exchange | US94419L1017 ISIN |
| BR Country | 11,800 Employees | - Last Dividend | - Last Split | 2 Oct 2014 IPO Date |
Wayfair Inc. stands as a formidable entity in the e-commerce sector, with its operations not confined to the United States but stretching across international borders. Since its inception in 2002, Wayfair has carved out a substantial niche in the home sector, providing an extensive array of products catering to various needs for home décor and improvement. Headquartered in Boston, Massachusetts, the company showcases a vast selection of items, reaching approximately thirty million products, through its comprehensive web of sites. These include Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional, indicating a targeted approach to different consumer segments and preferences. The company also introduces products under its own brand names, such as Three Posts and Mercury Row, underlining its commitment to quality and diversity in offerings.
Through its dedicated websites such as Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional, Wayfair ensures a specialized shopping experience tailored to distinct consumer needs and preferences. Its emphasis on diversity in products, coupled with the availability of items under exclusive brand names like Three Posts and Mercury Row, further cements Wayfair’s position as a leading provider of home furnishings and accessories online.