Previous close | 13.55 |
Open | 13.55 |
Bid | 5.70 |
Ask | 7.90 |
Strike | 66.00 |
Expiry date | 2024-05-03 |
Day's range | 13.55 - 13.55 |
Contract range | N/A |
Volume | |
Open interest | 150 |
Shares of Wayfair (W) move higher as the online furniture retailer posted its first-quarter earnings, topping revenue estimates and narrowing its expected losses per share. Wayfair's active consumers rose by 22.3 million, or 2.8%, in the quarter. The company laid off 13% of its staff at the beginning of 2024. Catalysts Co-Hosts Madison Mills and Brian Sozzi break down Wayfair's earnings figures. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
The furniture company reported first-quarter revenue of $2.73 billion, topping Wall Street’s call for $2.64 billion.
Although the revenue and EPS for Wayfair (W) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.