CORRECTION: Wayfair Says QTD Gross Revenue Is Strengthening, Says Is Now Trending In Negative Mid Single Digit Percentage Range YoY
Portfolio Pulse from Benzinga Newsdesk
Wayfair has corrected its QTD gross revenue statement, now reporting a negative mid-single-digit percentage range YoY.
June 07, 2023 | 1:46 pm
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NEGATIVE IMPACT
Wayfair's corrected QTD gross revenue shows a negative mid-single-digit percentage range YoY, potentially impacting its stock price.
Wayfair's corrected QTD gross revenue statement indicates a weaker performance than previously reported. This could lead to a negative sentiment among investors and potentially impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100