Wayfair (W) PT Lowered to $83 at JPMorgan

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Wayfair (W) misses Q3 revenue estimates; Shares fall 8%

November 1, 2023 7:16 AM EDT

Wayfair (NYSE: W) reported mixed third-quarter results, sending its shares nearly 8% lower in early New York trading on Wednesday.

In the third quarter, the company achieved an adjusted EBITDA of $100 million, a significant improvement compared to the $124 million loss in the same period the previous year. This was also better than the... More