AlenCiken

loses less, sells more than expected

NYSE:W   WAYFAIR INC
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.

https://www.thestreet.com/investing/earn...

https://www.marketwatch.com/story/wayfai...

https://www.bloomberg.com/news/articles/...

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