Por: The Boston Globe Tech August 03, 2023
The stock market’s expectations game sent Wayfair’s stock price shooting higher Thursday despite its shrinking quarterly sales, while sales growth at HubSpot and Tripadvisor wasn’t enough to avoid a selloff.Shares of Wayfair jumped 16 percent on Thursday after the online furniture seller reported its sales declined 3 percent to $3.2 billion in the second quarter.Analysts pointed to the Boston company’s increasing profitability, which... + full article
The Boston Globe USA Tech May 10, 2023
Since the Federal Reserve started raising interest rates and slowing the economy last year, tech companies and their investors have been on a wild rollercoaster ride. But this month, some big local players have started to demonstrate that they can thrive even in a slower-growth... + más
Wayfair Isn’t Playing Fair, Say Suppliers In Explosive Lawsuit | Forbes
Wayfair, once a growth engine of the city, makes deep cuts as tech sector reels | The Boston Globe
MarketWatch USA Business February 24, 2023
“Wayfair is controlling what it can in terms of headcount, but this category continues to be deprioritized by consumers and therefore increased paid ad spend is necessary to spur demand,” he said. The company disclosed that advertising spending was 13.1% of net revenue in... + más
Forbes USA Business February 11, 2023
By Virginia Van Zandt The ways of Wayfair aren’t fair, say a number of its longtime suppliers in a recent federal lawsuit. In legal filings, the embattled online retail giant and the mom-and-pop shippers and warehousers that supply the furniture for its customers have... + más
Wayfair added to ‘zombie’ stocks list by equity research firm New Constructs | MarketWatch
The Boston Globe USA Tech January 26, 2023
Wayfair is expanding its hiring in India at the same time as it is cutting 1,750 jobs, more than half of them in the Boston area, as part of a $1.4 billion cost-savings plan.The Indian workers will staff a new technological development center Wayfair is opening in Bengaluru... + más
The Boston Globe USA Tech January 21, 2023
Less than five years ago, Boston online retailer Wayfair was , hiring hundreds of new staff a month and moving into new spaces, such as the massive Boylston Street office complex that once housed Houghton Mifflin Harcourt.Counting its offices in Copley Place, the company was one... + más
Wayfair planning second round of job cuts | The Boston Globe
The Boston Globe USA Tech January 19, 2023
Boston-based Wayfair plans to announce on Friday its second major round of layoffs in less than six months, as the online retailer continues to deal with falling sales and supply chain tangles.The expected cuts follow a by Wayfair in August.The earlier round of cuts, which... + más
MarketWatch USA Business November 15, 2022
“Companies that inherently struggle to produce real cash flows, like Wayfair, are at risk of their stock price going to $0,” wrote New Constructs CEO David Trainer, in a note. Since New Constructs put Wayfair in its “Danger Zone” in March 2015, the stock has outperformed... + más
A Tesla stock plunge could destroy 'zombie stocks' such as GameStop and Peloton, warns equity research firm New Constructs | MarketWatch
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