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Piper Sandler - 1 Piper - 1 NVDA - 1 Blackwell - 1 Wolfe - 1 underperform Wolfe - 1 Houghton - 1 it's - 1
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2H25 Asia China
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Search resuls for: "Wayfair Inc"


12 mentions found


☆ Here are Thursday's biggest analyst calls: Nvidia, Netflix, Tesla, Intel, Robinhood & more
  + stars: | 2024-05-16 | by ( Michael Bloom | ) www.cnbc.com   time to read: +6 min
Piper Sandler reiterates Nvidia as overweight Piper said it's sticking with its overweight rating heading into earnings next week. JPMorgan reiterates Netflix as overweight JPMorgan said it's sticking with its overweight rating following Netflix's upfront advertising presentation. Our price target moves to $340, reflecting channel commentary and recent multiple appreciation." JMP reiterates Robinhood as market outperform JMP said it's sticking with its market outperform on the stock trading company. "We are upgrading Wayfair Inc. to BUY from HOLD, with a price target of $83."
Persons: Piper Sandler, Piper, NVDA, Blackwell, Wolfe, underperform Wolfe, Houghton, it's, Truist, JMP, Goldman Sachs, Goldman, Dell, DELL, Wells, Jack, Tesla, Raymond James, Wolfe Alpha, SharkNinja, Argus Organizations: Citi, Nvidia, JPMorgan, Netflix, Intel, Energy, Networks, FedEx, UBS, Texas, RBC, Holdings, Devices, Alpha, AMD, " Bank of America, Bank of America, of America, Wayfair Inc Locations: 2H25, Asia, China
☆ Chief of Digital Freight Startup Transfix Steps Down
  + stars: | 2023-03-02 | by ( Paul Berger | ) www.wsj.com   time to read: +3 min
Digital freight startup Transfix Inc. said on Thursday that Chief Executive Lily Shen was stepping down and would be succeeded by the company’s co-founder and chief technology officer, Jonathan Salama. “I understand the challenges, and Lily and I have a strong plan for the future.”Lily Shen has resigned as chief executive of digital freight broker Transfix. Jonathan Salama is a co-founder and the new chief executive of Transfix. In place of the SPAC, G Squared and another Transfix backer, New Enterprise Associates Inc., led a private funding round. She became chief operating officer the same year and in 2020 took over as chief executive.
☆ Ticketing service provider Eventbrite to lay off 8% workforce
  + stars: | 2023-02-28 | by ( ) www.reuters.com   time to read: +1 min
Feb 28 (Reuters) - Eventbrite Inc (EB.N)said on Tuesday it will eliminate about 8% of the company's workforce, as the ticketing service provider looks to cut costs amid worries of an economic downturn. The company expects the entire process to be completed by the end of the year. The ticketing service provider expects to incur total costs associated with the restructuring plan of about $12 million to $20 million, pre-tax. Separately, Eventbrite reported a 20% rise in fourth-quarter revenue on Tuesday, benefiting from improvement in paid ticket volumes. The company expects full-year 2023 revenue to be between $312 million and $330 million, compared with $260.9 million in 2022.
☆ Wayfair Lost 5 Million Customers and $1.3 Billion Last Year
  + stars: | 2023-02-23 | by ( Paul Berger | ) www.wsj.com   time to read: 1 min
Wayfair Inc.’s sales surged early in the Covid-19 pandemic as people splurged on home furnishings. Wayfair Inc. lost 5 million customers in 2022, shrinking the online furniture retailer’s shopper count to near its size before the Covid-19 pandemic triggered a consumer-spending surge. Revenue at the Boston-based company slid 4.6% in the final three months of last year from a year ago to $3.1 billion, for a net loss of $351 million.
☆ Neiman Marcus to lay off about 5% of workforce
  + stars: | 2023-02-14 | by ( ) www.reuters.com   time to read: +1 min
Feb 14 (Reuters) - Neiman Marcus Group said on Tuesday it would lay off about 5% of its workforce, or around 500 employees, as the luxury department store chain looks to cut costs in a tough economy. The company also said its Chief Product & Technology Officer Bob Kupbens will depart, while said Ryan Ross, president, Neiman Marcus, will lead customer insights for the group. Darcy Penick, the president of luxury department store Bergdorf Goodman, will assume group-level leadership of the NMG Product & Technology organization. Neiman Marcus Group has more than 10,000 employees as per its website. Reporting by Granth Vanaik in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
☆ Wayfair Is Laying Off 1,750 Workers
  + stars: | 2023-01-25 | by ( Paul Berger | Sarah Nassauer | ) www.wsj.com   time to read: 1 min
Wayfair aggressively added staff during the pandemic to expand its warehouse operations and customer-service teams. Wayfair Inc. is laying off about 1,750 workers, or 10% of its workforce, as the online furniture seller confronts shrinking sales after a pandemic-driven boom. Wayfair co-founder and CEO Niraj Shah in an email to staff Friday morning said the company had grown too big.
☆ Wayfair Is Preparing to Lay Off More Than 1,000 Workers
  + stars: | 2023-01-20 | by ( Paul Berger | Sarah Nassauer | ) www.wsj.com   time to read: 1 min
Wayfair Inc. is preparing to lay off more than 1,000 workers, according to people familiar with the matter, as the online furniture seller confronts shrinking sales after a pandemic-driven boom. Wayfair’s restructuring, the second round of layoffs in six months, is expected to affect more than 5% of the workforce at the Boston-based company. Wayfair said in August it was cutting about 870 jobs, or about 5% of its global workforce.
☆ Furniture retailer Wayfair to lay off 10% of workforce
  + stars: | 2023-01-20 | by ( ) www.reuters.com   time to read: +1 min
Jan 20 (Reuters) - Online furniture retailer Wayfair Inc (W.N) said on Friday it will cut 1,750 jobs, or 10% of its workforce, as part of its cost savings plan at a time when consumers are selective with their discretionary purchases. Wayfair said on Friday the job cuts will affect about 1,200, or 18% of corporate employees. The company previously outlined a $1.4 billion cost savings plan in a bid to scale down on operating costs amid weakening demand for its furnishings. Including the August workforce reduction, the company said on Friday the labor portion of the plan represents about $750 million in savings. Wayfair had 16,681 full-time equivalent employees as of Dec. 31, 2021, according to a regulatory filing.
☆ Wayfair prepares to cut more than 1,000 jobs - WSJ
  + stars: | 2023-01-19 | by ( ) www.reuters.com   time to read: 1 min
Jan 19 (Reuters) - Online furniture retailer Wayfair Inc (W.N) is preparing to lay off over 1,000 workers, or more than 5% of its workforce, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Wayfair joins a growing list of U.S. companies - ranging from tech giants and Wall Street banks to food delivery firms - which are shedding their workforce amid worries of an economic downturn. Wayfair did not immediately respond to a Reuters request for comment. The company said in August it was cutting about 870 jobs, or about 5% of its global workforce at that time, in a bid to trim operating costs amid waning demand for furniture and home decor from pandemic highs. Reporting by Deborah Sophia in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.
☆ In Tough Housing Market, Renters Renovate Like They Own the Place
  + stars: | 2022-12-01 | by ( Imani Moise | ) www.wsj.com   time to read: 1 min
Many Americans unable to buy a home right now are renovating their rentals instead. Resigned to stay in place until the housing market improves and unwilling to live with dull décor, renters are swapping out fixtures, landscaping terraces and ordering custom furnishings. Online furniture retailer Wayfair Inc. said bookings for easily reversible add-on services like installing new doorknobs and drawer pulls have tripled since last year.
☆ Anthony Gonzalez snags GoodRx, Marie Newman sells Moderna, Gary Peters buys fossil fuel burners
  + stars: | 2021-04-26 | by ( Dave Levinthal | ) www.businessinsider.com   time to read: +8 min
Newman sells ModernaLast week, Insider reporters Kimberly Leonard and Warren Rojas profiled the stock trades of Rep. Marie Newman, a freshman Democrat from Illinois, and her husband. On Wednesday, Newman reported that she or her husband made additional stock trades in January. And he and his wife last week reported making dozens of different stock trades and financial moves during March. Rep. Josh Gottheimer, a Democrat from New Jersey, made more than 60 stock trades during March. Rep. John Yarmuth, a Democrat from Kentucky, meanwhile made nearly 20 stock trades during March.
☆ Rep. Marie Newman and her husband are packing their stock portfolio with COVID-19 vaccine makers and other pandemic-sensitive companies
  + stars: | 2021-04-21 | by ( Kimberly Leonard | Warren Rojas | ) www.businessinsider.com   time to read: +11 min
Democratic Rep. Marie Newman's husband has an active stock portfolio. Jim Newman, chief operating officer at Figo Pet Insurance, bought and sold stock in companies that either soared or sputtered during the pandemic, including Pfizer and Moderna, the companies behind the nation's two leading COVID-19 vaccines. Financial disclosures show Jim Newman sold up to $65,000 in Moderna stock on January 2. By February, he turned his interest to Pfizer, twice trading as much as $15,000 worth in the company's stock shares that month. For instance, Newman sold as much as $250,000 in Netflix stock in January, as much as $50,000 in Apple stock in February, and as much as $50,000 in Salesforce stock in January.
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