Wayfair Surges Most Ever Amid Online Furniture Spending Spree [Yahoo! Finance News]
Wayfair Inc. Class A (W)
Last wayfair inc. class a earnings: 2/28 07:00 am
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Source: Yahoo! Finance News
) -- Wayfair Inc. soared as much as 51% after the online home-goods retailer said first-quarter net revenue growth would at least meet its forecast and that the sharp sales increase at the end of March has continued into April.The shares posted their biggest intraday jump ever Monday, climbing as high as $76.47.In a business update, the company said the gross revenue growth rate more than doubled toward the end of last month, and that demand has been seen across most home goods categories in all of its markets. The outlook gave it some breathing room after Wayfair said just last week that the coronavirus was resulting in disruptions to its supply chain.Meanwhile, the company also announced it’s raising capital through a convertible notes offering, led by Great Hill Partners and Charlesbank Capital Partners. The Spruce House Partnership, one of Wayfair’s largest shareholders, also participated.Jefferies analyst Jonathan Matuszewski said Wayfair’s update shows that the company’s “purepl
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News
- Oh, La La! Pennsylvania Court Rules Perrier Is A Soft Drink—And Taxable [Forbes]Forbes
- Deck out your outdoor space with these top Wayfair patio furniture styles [USA TODAY]USA TODAY
- Wayfair announced the dates for Way Day 2024. Here's what you need to know [CNN]CNN
- Initial & Continuing Jobless Claims Continue To Ignore Reality [zero hedge]zero hedge
- Wayfair announced the dates for Way Day 2024. Here's what you need to know [Yahoo! Finance]Yahoo! Finance
W
Earnings
- 2/22/24 - Beat
W
Sec Filings
- 4/16/24 - Form 4
- 4/15/24 - Form 144
- 4/10/24 - Form 144
- W's page on the SEC website