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Wayfair Inc - W STOCK NEWS

Welcome to our dedicated news page for Wayfair (Ticker: W), a resource for investors and traders seeking the latest updates and insights on Wayfair.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Wayfair's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Wayfair's position in the market.

News
Save the Date: Wayfair to Host Way Day May 4-6, the Biggest Sale of the Year on All Things Home
Rhea-AI Summary
Wayfair Inc. (NYSE: W) will host its annual Way Day from May 4-6, offering up to 80% off on thousands of items with free shipping. The event will feature 12-hour flash deals, doorbusters, and exclusive savings across Wayfair's family of brands. Customers can win their dream cart, access app-exclusive deals, enjoy free white glove delivery, and save on influencer picks. Wayfair aims to provide a seamless experience from inspiration to installation, catering to all home needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.36%
Tags
conferences
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News
Wayfair Announces Grand Opening Date for Its First Large-Format Store
Rhea-AI Summary
Wayfair Inc. announces the grand opening of its first large-format store in Wilmette, IL on May 23, 2024. The 150,000 square feet store will offer furniture, home decor, housewares, and home improvement products, catering to various styles and budgets. The store will also feature an onsite restaurant, The Porch, and exclusive deals during the opening weekend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.02%
Tags
none
-
News
Wayfair Schedules First Quarter 2024 Earnings Release and Conference Call
Rhea-AI Summary
Wayfair Inc. (W) is set to release its financial results for the first quarter ending March 31, 2024, on May 2, 2024. Investors can join the conference call to review the results and access the live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.28%
Tags
earnings
News
"Welcome to The Wayborhood" - New Brand Campaign from Wayfair Empowers Everyone to Create their Own Unique Expression of Home
Rhea-AI Summary
Wayfair Inc. launches new brand campaign 'Welcome to the Wayborhood' with refreshed logo, iconic jingle, and celebrity partners, inspiring consumers to celebrate their personal home styles and needs. The campaign includes a $250,000 giveaway, Pinterest Creator Tour, and the opening of the first large-format store in Wilmette, Illinois.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.44%
Tags
none
-
News
Wayfair Announces Fourth Quarter and Full Year 2023 Results, Returns to Positive Year-Over-Year Active Customer Growth
Rhea-AI Summary
Wayfair Inc. reported Q4 net revenue of $3.1 billion with 22.4 million active customers. Despite a decrease in total net revenue for the full year 2023, the company showed improvements in profitability, Adjusted EBITDA, and Free Cash Flow. Wayfair's CEO highlighted progress in core recipe enhancements and customer loyalty growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.78%
Tags
earnings
-
News
Wayfair Announces Decorify App for Apple Vision Pro
Rhea-AI Summary
Wayfair Inc. announces the availability of Decorify, a generative AI pilot application, on Apple Vision Pro, allowing users to redesign their living spaces and experience the future of shopping in their homes. The app enables users to upload photos of their spaces, browse various room designs, and purchase items from Wayfair, all in an immersive environment. Decorify also allows users to view and select Wayfair items in 3D directly in their spaces to see how they look and fit, providing an innovative and interactive shopping experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.32%
Tags
none
News
Wayfair Schedules Fourth Quarter 2023 Earnings Release and Conference Call
Rhea-AI Summary
Wayfair Inc. (W) will release its Q4 2023 financial results on February 22, 2024, followed by a conference call at 8 a.m. ET. Investors can register for the call in advance and access the live webcast. The archived webcast will be available on Wayfair's investor website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.27%
Tags
earnings
-
News
Wayfair Announces Workforce Realignment Plan
Rhea-AI Summary
Wayfair Inc. announces a workforce reduction of approximately 1,650 employees, representing about 13% of its global workforce and 19% of its corporate team, to achieve annualized cost savings of over $280 million. The CEO emphasizes the focus on generating Adjusted EBITDA in excess of equity-based compensation and capital expenditures. The company expects to deliver over $600 million of Adjusted EBITDA in 2024, despite persistent category weakness in revenue growth. The workforce realignment plan includes details on cash compensation savings, equity-based compensation relief, and savings related to a reduction in capitalized technology labor, offset by expected costs of between $70 million and $80 million for employee severance and benefits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.28%
Tags
none
-
News
Wayfair Announces Third Quarter 2023 Results, Reports Positive Year-Over-Year Revenue Growth with Strong Order Momentum and Profitability
Rhea-AI Summary
Wayfair Inc. reported Q3 net revenue of $2.9 billion, with 22.3 million active customers. U.S. net revenue increased by 5.4% year over year, while international net revenue decreased by 7.0%. Gross profit was $917 million, and the company reported a net loss of $163 million. Wayfair's CEO expressed confidence in the company's profitability and growth potential.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.15%
Tags
earnings
News
TodayTix Group Announces Appointment of Liza Lefkowski to Board of Directors
Rhea-AI Summary
TodayTix Group, the global e-commerce leader for cultural experiences, has appointed Liza Lefkowski to its board of directors. Lefkowski, currently serving as Vice President of Curated Merchandising and Stores at Wayfair, brings her experience in e-commerce and technology to strengthen TodayTix Group's position in the live entertainment industry. With her expertise, the company aims to continue its dedication to innovation and outstanding service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
Tags
management
Stock W logo
Wayfair Inc

NYSE:W

W Rankings

#1066 Ranked by Market Cap
#1486 Ranked by Stock Gains
N/A Ranked by Dividends

W Stock Data

7.27B
91.17M
4.77%
114.51%
18.14%
Electronic Shopping and Mail-Order Houses
Retail Trade
Link
US
Boston

About W

wayfair (nyse: w) offers an extensive selection of home furnishings and décor across all styles and price points. with an unparalleled selection of more than seven million home items from 7,000 suppliers, wayfair helps people find the perfect product at the right price. our unparalleled selection and superior customer service coupled with the convenience of online shopping, makes it easier than ever before to find exactly what you want for your home. the wayfair family of brands includes: • wayfair.com, an online destination for all things home • joss & main, an online flash sales site offering inspiring home design daily • allmodern, a go-to online source for modern design • dwellstudio, a design house for fashion-forward modern furnishings • birch lane, a collection of classic furnishings and timeless home décor wayfair is headquartered in boston, massachusetts, and employs 2,000 people across its eight global locations of boston, new york, ogden, utah, hebron, kentucky, galw