W - Wayfair Inc.

NYSE - Nasdaq Real-time price. Currency in USD
80.40
-0.17 (-0.21%)
As of 1:29PM EST. Market open.
Stock chart is not supported by your current browser
Previous close80.57
Open80.83
Bid80.78 x 800
Ask80.81 x 1000
Day's range78.95 - 82.72
52-week range78.59 - 173.72
Volume1,588,742
Avg. volume2,211,871
Market cap7.488B
Beta (3Y monthly)1.85
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Black Friday 2019 Live Updates: Online sales up 19.2% from a year ago
    Yahoo Finance

    Black Friday 2019 Live Updates: Online sales up 19.2% from a year ago

    Yahoo Finance hits the stores to see how Black Friday has started for retailers.

  • Warren Buffett Finds Wrong Elephant
    Bloomberg

    Warren Buffett Finds Wrong Elephant

    (Bloomberg Opinion) -- Warren Buffett’s Berkshire Hathaway Inc. has $128 billion of cash. There is almost no purchase too large for the company — in fact, large is exactly what investors are waiting for. And yet, the only stock Berkshire bought last quarter was a dinky retailer, RH.Berkshire disclosed in a regulatory filing Thursday that it took a $212 million stake in RH, a California-based home-furnishings chain valued at $3.3 billion. Buffett could even buy the entire company and it’d still be a puny deal for him. But it was a big deal for RH, because the shares surged 9% in after-hours trading and held near that level early Friday morning.I admit I didn’t even recognize the retailer’s name at first. RH used to be called Restoration Hardware, a place that sells $6,000 linen sofas and elongated wooden dining tables with “forthright silhouettes.” The company shrank its name and supersized its stores, an effort to target a more upscale clientele. It’s even installed some on-site restaurants, a little nourishment to help one ponder a new addition to the ski house. That’s partly what makes RH such a funny investment for Buffett. Not only is the billionaire known for his down-to-earth lifestyle — he’s lived in the same fairly modest house for more than 60 years — but he’s also usually drawn to businesses that mirror the America he sees from his unassuming Omaha office: railroads, truck stops, Dairy Queens, the Nebraska Furniture Mart. Furthermore, Berkshire tends not to waste time on minority stakes in small, specialty chains; its only other retail holdings are Amazon.com Inc. and Costco Wholesale Corp., companies valued at $870 billion and $134 billion, respectively. RH was the only new position Berkshire took in the latest quarter, aside from buying common shares of Occidental Petroleum Corp., in which it already purchased $10 billion of preferred equity (part of a financing deal to assist the oil and gas explorer in its takeover of Anadarko Petroleum Corp.). All in all, it was another dull period for Berkshire, whose last splashy stock pick was Amazon earlier in the year. With U.S. equities still on the rise, Buffett, 89, and his investing deputies are struggling to find cheap candidates. Whoever made the call on RH — Todd Combs, Ted Weschler or the Oracle himself — he may have had prescient timing. At the end of May, RH’s price-to-earnings ratio hit a low, and the shares have doubled since then, taking a big leg up in September. That said, RH’s overnight gains drove the shares above analysts’ average target level, which is $181 apiece. “The business remains tough to predict and we believe expectations may now be somewhat elevated,” Bobby Griffin, an analyst for Raymond James & Associates who has the equivalent of a “hold” rating on RH, wrote in a Sept. 11 report, citing the China tariffs and a slowdown in high-end U.S. housing. Similarly, Gordon Haskett Research Advisors wrote to clients Sept. 10 that the firm finds other retailers such as Wayfair Inc., Williams-Sonoma Inc. and At Home Group Inc. more attractive. At the end of the day, though, no matter how RH performs, it won’t have much of an impact on Berkshire’s portfolio. Another quarter has passed without a major acquisition by Berkshire, its cash pile hitting a record yet again. RH may sell a $449 wool felt elephant, but it isn’t the kind of elephant Buffett is after. The wait continues.To contact the author of this story: Tara Lachapelle at tlachapelle@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Wayfair (W) Q3 Loss Wider Than Anticipated, Revenues Beat
    Zacks

    Wayfair (W) Q3 Loss Wider Than Anticipated, Revenues Beat

    Wayfair's (W) third-quarter revenues are driven by strong direct retail business across international regions. However, tariff-related volatility affects its earnings.

  • Trump’s Tariffs Make Consumers Cautious
    Bloomberg

    Trump’s Tariffs Make Consumers Cautious

    (Bloomberg Opinion) -- It has long been clear that the White House’s tariffs on billions of dollars’ worth of goods made in China were not going to be good for U.S. consumers or the retailers trying to get them to open their wallets. Exactly how bad, however, was hard to know.Now comes Wayfair Inc., the e-commerce home-goods site, with a kind of case study of their impact. Tariffs are hurting their business, executives said — not necessarily because they make their products more expensive, although they do, but because they make their customers more wary.Wayfair reported quarterly earnings on Thursday and forecast a significantly slower pace of sales growth next quarter than investors have become accustomed to. The company said that outlook in part reflected challenges related to tariffs, which jumped to 25% this summer on many of its products and had also created headwinds in the third quarter.On a conference call with investors, Wayfair executives said that certain items on their marketplace — some with a lot of customer reviews and enticing product images — have gotten more expensive as suppliers raise prices. This, it turns out, appears to be causing customers to spend more time deliberating over their purchases: Should they go with the highly rated but more expensive item? Or should they take a chance on something that’s cheaper but has fewer reviews?Executives also said that as suppliers of more expensive items saw their sales volume sink, they would sometimes cut prices. The result, they said, was a “repetitive cycle of volatility” as customers tried to figure out how to get the best value for their money.Wayfair leaders said this is consistent with what they’ve observed in their business over time: Any kind of significant price movement — even downward — results in consumers taking their time before clicking the buy button.Of course, not every consumer business will see the same dynamics as Wayfair. Home furnishings purchases are generally more carefully considered, because couches, coffee tables and the like are expensive and are a hassle to return. But fellow retailers (and Washington lawmakers) should nonetheless consider Wayfair’s a cautionary tale.The impact of tariffs on the consumer economy is often discussed rather simplistically: They will cause prices to rise, which means shoppers will buy less stuff. Wayfair’s experience shows it is more complicated than that. Yes, consumers will change their behavior, but not always in a straightforward or predictable fashion. And this uncertainty complicates the response for manufacturers, retailers and, not incidentally, consumer brands.Last week, for example, toy giant Hasbro Inc. saw its shares sink nearly 17% after it reported disappointing earnings that reflected tariff-related difficulty. Certain retailers canceled toy orders that were to be imported directly from China and instead put in orders as domestic shipments from Hasbro. The maker of My Little Pony and Play-Doh was left scrambling to accommodate the changes, and ultimately wasn’t able to ship all the orders in time.Few U.S. retailers and consumer brands will be able to escape the impact of President Donald Trump’s trade policy. At this point, the best they can do is to commit to being flexible — and to analyzing their data for the potentially weird ripple effects of tariffs.To contact the author of this story: Sarah Halzack at shalzack@bloomberg.netTo contact the editor responsible for this story: Michael Newman at mnewman43@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Sarah Halzack is a Bloomberg Opinion columnist covering the consumer and retail industries. She was previously a national retail reporter for the Washington Post.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Wayfair Stock Tanks over Growth Concerns
    Market Realist

    Wayfair Stock Tanks over Growth Concerns

    Wayfair (W) stock was down 18.9% at 3:36 PM ET today. This drop in Wayfair stock wiped away its 12.2% year-to-date gain through October 30.

  • Read This Before Selling Wayfair Inc. (NYSE:W) Shares
    Simply Wall St.

    Read This Before Selling Wayfair Inc. (NYSE:W) Shares

    It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...

  • Wayfair (W) Reports Q3 Loss, Tops Revenue Estimates
    Zacks

    Wayfair (W) Reports Q3 Loss, Tops Revenue Estimates

    Wayfair (W) delivered earnings and revenue surprises of -4.70% and 1.17%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Kraft Heinz, Pinterest earnings — What to know in markets Thursday
    Yahoo Finance

    Kraft Heinz, Pinterest earnings — What to know in markets Thursday

    Investors will be focusing on two big corporate earnings reports from Kraft Heinz and Pinterest Thursday.

  • 5 Key Consumer Stock Earnings Charts
    Zacks

    5 Key Consumer Stock Earnings Charts

    The consumer has been driving growth and these five companies have been cashing in.

  • Wayfair (W) Expected to Beat Earnings Estimates: Should You Buy?
    Zacks

    Wayfair (W) Expected to Beat Earnings Estimates: Should You Buy?

    Wayfair (W) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Factors to Know Ahead of World Wrestling's (WWE) Q3 Earnings
    Zacks

    Factors to Know Ahead of World Wrestling's (WWE) Q3 Earnings

    Softness in adjusted OIBDA is likely to have hurt World Wrestling's (WWE) Q3 bottom line. However, efforts to expand original content, raise content rights fees and monetize video content bode well.

  • Zacks

    E-commerce Stocks' Q3 Earnings Roster: AMZN, EXPE, MELI & W

    Here is a sneak peek into how four e-commerce stocks are poised ahead of their third-quarter 2019 earnings releases.

  • Wayfair Launches Hykkon, Expands Presence in UK & Germany
    Zacks

    Wayfair Launches Hykkon, Expands Presence in UK & Germany

    Wayfair (W) introduces a flagship brand, Hykkon, which offers over 700 products for the living room, dining room and bedroom. This is likely to aid growth in its European business.

  • Do Options Traders Know Something About Wayfair (W) Stock We Don't?
    Zacks

    Do Options Traders Know Something About Wayfair (W) Stock We Don't?

    Investors need to pay close attention to Wayfair (W) stock based on the movements in the options market lately.

  • At Home CEO’s Gut Check Prompts ‘Revisit’ of Whole Business
    Bloomberg

    At Home CEO’s Gut Check Prompts ‘Revisit’ of Whole Business

    (Bloomberg) -- After Lee Bird witnessed At Home Group Inc. lose half its market value in one day this June, the chief executive officer decided to reconsider everything.“This past 90 days has been a revisit of our whole business,” Bird said in an interview. “We obviously lost the faith of our investors.”In response, the home-goods retailer pulled back on its ambitious store-opening plans and revamped marketing to tout what it claims are the lowest prices in the industry. And after staying out of the e-commerce fray because the cost of implementation and shipping could hamper profit, the company now plans a full online offering by 2022.The efforts come none too soon, as a shakeout in retail has left legacy chains struggling to survive the arrival of digital-first competitors like Amazon.com Inc. and Wayfair Inc. Consumers at all income levels are also more discount-oriented, using the internet to seek out deals. At Home appeared immune to these woes until June 6 when weak sales and increased costs from President Trump’s tariffs on Chinese goods led to a cut in its earnings forecast that hammered the stock.“A long list of little things have gone against the company,” said Brad Thomas, an analyst at KeyBanc Capital Markets. “A few have been company specific, but it’s more about housing slowing down about a year ago.”At Home also had little room for error, with its valuation soaring after revenue gained an average 23% annually over the past three years. But investors bolted after the company’s same-store sales fell the past two quarters -- the first declines since going public three years ago. The company’s earnings have also missed analysts’ projections twice in the past three quarters.“It’s hard, but I get paid a lot of money so no one is going to tear up for me,” said Bird, who bought $500,000 worth of shares on Monday.The stock had declined 54% this year through Tuesday’s close. Just a year ago, the retailer sold additional stock to the public for $33.20 a share. The shares climbed as much as 7% to $9.16 on Wednesday, their fourth straight daily gain. The increase in value-driven shoppers should put At Home in a solid position. Much like Costco Wholesale Corp., the chain has a low-cost operating model -- it opens stores cheaply in locations vacated by the likes of Sears and about 70% of its inventory is private label or exclusive.Pricing ModelThat helps the retailer keep prices low, but not enough shoppers were getting the message because of “all the noise” on discounts and deals coming from competitors, Bird said. At Home uses a pricing model of everyday low prices -- a strategy popularized by Walmart Inc. that eschews promotions and instead tries to convince shoppers of constant value. Meanwhile, most retailers employ a model of high introductory prices and then discounts.“The average American is not aware that At Home is a low-price leader,” KeyBanc’s Thomas said.To help remedy this, At Home for the first time is running regular shopping events every two weeks, often tied to seasonal events. There’s currently a focus on fall decor on its website and in stores. A year ago, the chain would have been highlighting a few specific deals, but not a whole category. Early results are that it’s lifted sales, Bird said.Besides opening stores, revenue gains will also come from its first push online, he said. In the fourth quarter, the company will test letting customers buy items online and picking them up at stores. If all goes well, more locations will be added next year, with the goal of shipping purchases to customer’s homes from locations by 2022, he said.Despite the turmoil, the company still sees growing to 600 stores from 200 in the U.S. But it will get there at a slower pace, expanding 10% a year, down from a current rate of 17%. That means it would take more than a decade to reach that goal.“We know we have a huge white space in front of us,” Bird said. “I feel good about the adjustments we’ve made.”(Updates with share trading Wednesday in eighth paragraph. A previous version was corrected to show about 70% of inventory is private label or exclusive.)To contact the reporter on this story: Matt Townsend in New York at mtownsend9@bloomberg.netTo contact the editors responsible for this story: Anne Riley Moffat at ariley17@bloomberg.net, Lisa Wolfson, Jonathan RoederFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Is Now The Time To Look At Buying Wayfair Inc. (NYSE:W)?
    Simply Wall St.

    Is Now The Time To Look At Buying Wayfair Inc. (NYSE:W)?

    Today we're going to take a look at the well-established Wayfair Inc. (NYSE:W). The company's stock saw a double-digit...

  • Why Wayfair Stock Plunged 14% in August
    Motley Fool

    Why Wayfair Stock Plunged 14% in August

    Investors soured on the home goods seller after management issued disappointing guidance.

  • 3 Top E-Commerce Stocks to Buy Right Now
    Motley Fool

    3 Top E-Commerce Stocks to Buy Right Now

    These companies are still firing on all cylinders as the market frets over macro headwinds.

  • Zacks

    Why Is Wayfair (W) Down 13% Since Last Earnings Report?

    Wayfair (W) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Wayfair Stock: High Risks Despite its Impressive Revenue Growth
    Motley Fool

    Wayfair Stock: High Risks Despite its Impressive Revenue Growth

    Significant cash burn, increasing debt load, and strong competition form a scary investment proposition.

  • 3 Top Growth Stocks to Buy in the Final Month of Summer
    Motley Fool

    3 Top Growth Stocks to Buy in the Final Month of Summer

    The dog days of summer are finally behind us (on the calendar, anyway), but these three stocks offer sizzling growth potential.

  • Wayfair (W) Prices $825M Senior Notes in Private Offering
    Zacks

    Wayfair (W) Prices $825M Senior Notes in Private Offering

    Wayfair (W) announces the pricing of $825 million convertible senior notes offering. The move is likely to help the company bring down its cost of capital, thereby strengthening the balance sheet.

  • 3 Growth Stocks for In-the-Know Investors
    Motley Fool

    3 Growth Stocks for In-the-Know Investors

    Investors looking to grow their nest egg should give these three stocks a closer look.

  • Company News For Aug 15, 2019
    Zacks

    Company News For Aug 15, 2019

    Companies In The News Are: W,M,CAE,MYL

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