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).
07 May 2022