Wayfair (W) Climbs Following Business Update, Says Gross Revenue is 'Strengthening"

Wayfair (NYSE: W) Climbs Following Business Update

• quarter-to-date gross revenue is strengthening, and is now trending in the negative mid single digit percentage range year-over-year. This improvement relative to the company's last business update has been driven by total order growth turning positive year-over-year during the period, offsetting lower average order values and the impact of deflation.
• Shares Up 5%

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