Browse Tag

wayfair

Wayfair revenue increased by 66.5%

3 mins 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…

Read More »

Wayfair revenue increased by 66.5%

3 mins 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…

Pier 1 Imports files for bankruptcy

4 mins read

The FINANCIAL — Once wildly popular company, based in Fort Worth, Texas, released a statement saying that it began Chapter 11 bankruptcy proceedings in Virginia and that it is pursuing a sale of the company. Pier 1 Imports, the home goods retailer that in the 1990s became a popular destination for exotic rattan chairs and…