Why Wayfair Shares Are Rising Today



Wayfair Inc. (NYSE:W) shares are trading higher in the morning session on Thursday.

The company reported a fourth-quarter adjusted loss per share of $(0.11), narrower than the Wall Street view of $(0.16) loss.

Wayfair reported fourth-quarter revenue of $3.114 billion, up 0.4% year over year. Revenue marginally surpassed the analyst consensus of $3.106 billion.

U.S. net revenue of $2.7 billion increased 0.9% year over year, …

Full story available on Benzinga.com


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