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Home shoppers

Wayfair revenue increased by 66.5%

1 min read

The FINANCIAL — Wayfair Inc. (NYSE: W), one of the world’s largest online destinations for the home, today reported financial results for its third quarter ended September 30, 2020. Third Quarter 2020 Financial Highlights Total net revenue increased $1.5 billion to $3.8 billion, up 66.5% year over year U.S. net revenue increased $1.3 billion, up 66.5% year over year International net revenue increased $225.9 million, up 66.7% year over year. International segment Net Revenue Constant Currency Growth was 63.9% Gross profit was $1.1 billion or 29.9% of total net revenue Net income was $173.2 million Non-GAAP Adjusted EBITDA and Adjusted…

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Wayfair revenue increased by 66.5%

1 min read

The FINANCIAL — Wayfair Inc. (NYSE: W), one of the world’s largest online destinations for the home, today reported financial results for its third quarter ended September 30, 2020. Third Quarter 2020 Financial Highlights Total net revenue increased $1.5 billion to $3.8 billion, up 66.5% year over year U.S. net revenue increased $1.3 billion, up…

How to score your dream house

5 mins read

The FINANCIAL — Home shoppers wanting to buy right now might be reading headlines about the housing market that are scaring them away — low inventory, high prices, homes selling at an extremely fast pace across all price ranges. But near-record low mortgage rates are creating a huge opportunity for buyers to get more for their money,…