Wayfair Inc is a leading online retailer specializing in home goods and furniture, offering a vast selection of products that range from indoor and outdoor furniture to decor and home improvement items. The company operates a user-friendly e-commerce platform that allows customers to easily browse, compare, and purchase items for their homes. Wayfair emphasizes a customer-centric approach, providing personalized recommendations and a seamless online shopping experience. In addition to its extensive product catalog, the company is committed to innovation in logistics and delivery to enhance customer satisfaction, making it a prominent player in the home furnishings market. Read More
Online home goods retailer Wayfair (NYSE:W) beat Wall Street’s revenue expectations in Q1 CY2025, but sales were flat year on year at $2.73 billion. Its non-GAAP profit of $0.10 per share was significantly above analysts’ consensus estimates.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the online retail industry, including Chewy (NYSE:CHWY) and its peers.
A number of stocks jumped in the morning session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank.
With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more importantly, gave investors a steadier compass to figure out where rates and the markets were headed next.
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
If the Street can anticipate a resolution to all tariff issues over the next 12-18 months, the analyst notes the most significant opportunity for certain names in his e-commerce coverage group.
BofA warns 2025 tariffs could severely impact U.S. home furnishing retailers like Wayfair (NYSE: W) and RH (NYSE: RH), with potential price hikes up to 30% due to sourcing from Asia. Rising costs, weak demand, and recession fears may further hurt sales.
Shares of online home goods retailer Wayfair (NYSE:W)
fell 26.6% in the morning session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.
The regular session of the US market on Wednesday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
Shares of specialty retailers in the furniture and home goods space are facing selling pressure in Wednesday's after-hours session following disappointing earnings from RH.
Shares of online home goods retailer Wayfair (NYSE:W)
fell 5.5% in the pre-market session after anxiety and uncertainty rattled markets as the major stock indices pulled back in the morning session amid concerns about "reciprocal tariffs" to be announced later in the week. The planned tariffs, scheduled for April 2, 2025 (dubbed Liberation Day), were targeted at all countries where the United States had a trade deficit.
