Wayfair (W) Misses Q1 EPS by 43c, Revenues In-Line
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Wayfair Announces First Quarter 2022 Results
May 5, 2022 7:00 AM EDTQ1 Net Revenue of $3.0 billion
25.4 million Active Customers
BOSTON--(BUSINESS WIRE)-- Wayfair Inc. (NYSE: W), one of the worlds largest online destinations for the home, today reported financial results for its first quarter ended March 31, 2022.
First Quarter 2022 Financial Highlights
Total net revenue of $3.0 billion decreased $485 million, down 13.9% year over year U.S. net revenue of $2.5 billion decreased $279 million, down 9.9% year over year International net revenue of $0.5 billion... More