Wayfair Stock Declines As Online Home Furnisher Loses Customers
The online home goods retailer narrowed its losses during the period, with operating loss declining 51% to $74 million and net loss falling 55% to $74 million. The online home furnishing retailer also saw orders delivered and. Wayfair lost more than a million customers during its latest quarter as shoppers turn away from new furniture and home decorations. Shares of wayfair inc. The stock w shot up as much as 16. 3% to a premarket peak reached just minutes before the call kicked off at 8 a. m.
The number of active customers surprisingly declines, but average order value rise above forecasts shares of wayfair inc. Soared in early friday trading, after the home.
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