Wayfair stock jumps on Q1 earnings, rise in active customers

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Wayfair News

Revenue Estimates,Madison Mills,Furniture Retailer

Shares of Wayfair (W) move higher as the online furniture retailer posted its first-quarter earnings, topping revenue estimates and narrowing its expected...

) move higher as the online furniture retailer posted its first-quarter earnings, topping revenue estimates and narrowing its expected losses per share. Wayfair's active consumers rose by 22.3 million, or 2.8%, in the quarter. The company laid offThis dividend stock is near 52-week highs, but still down from all-time highs, with a highly valuable P/E ratio you won't want to miss.

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