HomeInvestingEarningsWayfair (W) Q1 Was Way Off

Wayfair (W) Q1 Was Way Off

Wayfair (W) is the subject of today’s FOMO segment. In this segment Alex Coffey and Jenny Horne discuss the e-commerce company’s Q1 earnings report. Jenny and Alex discuss the Wayfair’s (W) Earnings Per Share (EPS) miss of -$1.96, that’s off by $0.43 and Wayfair’s (W) Q1 revenue of $3B (-13.8% Y/Y) beats by $10M. Wayfair (W) also reported 25.4 million active customers for Q1, that’s down 23.4% Y/Y. Finally, Alex demonstrated an example trade using Wayfair (W).

Next Gen Investing

07 May 2022

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