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

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Wayfair (W) gains on news gross revenue is strengthening

June 7, 2023 8:19 AM EDT

Wayfair (NYSE: W) shares have gained more than 5% in premarket trading Wednesday after the company said in a business update.

The e-commerce firm said 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... More

Wayfair (W) issues Business Update

June 7, 2023 7:03 AM EDT

Wayfair Inc. (NYSE: W), one of the world's largest destinations for the home, today shared an update on its business leadership and performance. The company announced that Steve Oblak, Chief Commercial Officer, will retire from Wayfair in Q1 2024 after 14 years of leadership. It announced the planned appointment of Jon Blotner to the... More