Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Wayfair's Pandemic Boom Is Over


Wayfair's (NYSE: W) business is suffering from a growth hangover. The home furnishings e-commerce giant said on Thursday that sales declines accelerated in the third quarter as compared to booming results during earlier phases of the pandemic. That slowdown was a bit worse than expected but still left the company's sales footprint much higher than it was before COVID-19 scrambled demand trends.

Let's look at some key takeaways from Wayfair's third-quarter earnings announcement along with management's updated outlook for the full year.

Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
W
Share

Comments