Thursday, Wayfair Inc. (W) announced first-quarter financial results, reporting a net loss of $105 million, or $0.80 a share, compared to $113 million, or $0.89 a share, in the prior year.
On an adjusted basis, earnings stood at $0.26 per share compared to $0.10 per share in the previous year.
Revenue increased to $2.931 billion from $2.730 billion last year.
In the pre-market hours, W is moving down 9.85 percent, to $66.14 on the New York Stock Exchange.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.