loses less, sells more than expected
company reported an increase in sales as well as a surge in active customers, though revealed a wider adjusted loss.
Wayfair generated gross profit of $585 million, or 24% of sales, and recorded an adjusted EBITDA loss of $54 million, narrower than the $76 million expected by analysts.
thestreet.com/investing/earnings/wayfair-shares-jump-after-better-than-expected-fourth-quarter-14874885
marketwatch.com/story/wayfairs-stock-surges-after-company-loses-less-sells-more-than-expected-2019-02-22
bloomberg.com/news/articles/2019-02-22/wayfair-jumps-to-all-time-high-as-4q-gross-margin-ebitda-beat
Wayfair generated gross profit of $585 million, or 24% of sales, and recorded an adjusted EBITDA loss of $54 million, narrower than the $76 million expected by analysts.
thestreet.com/investing/earnings/wayfair-shares-jump-after-better-than-expected-fourth-quarter-14874885
marketwatch.com/story/wayfairs-stock-surges-after-company-loses-less-sells-more-than-expected-2019-02-22
bloomberg.com/news/articles/2019-02-22/wayfair-jumps-to-all-time-high-as-4q-gross-margin-ebitda-beat
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