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Wayfair Bulls Get More Bullish as the Stock Keeps Racing Ahead
Over the past year, it has more than doubled as investors have bought into the online houseware retailer’s growth story. And on Monday, it was up nearly 6% to $158.72 following the Friday announcement of fourth-quarter financial results. Revenue was up more than 40% year over year and gross profits increased just above 24%.
The company still loses money, and that doesn’t seem likely to change in the near term. Wall Street currently forecasts net losses as far into the future as 2023 even as revenue, which neared $7 billion, is seen approaching $20 billion over that period.
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https://www.barrons.com/articles/wayfair...latestnews
![[Bild: Wc1dl1400.png]](https://finviz.com/publish/022519/Wc1dl1400.png)
Over the past year, it has more than doubled as investors have bought into the online houseware retailer’s growth story. And on Monday, it was up nearly 6% to $158.72 following the Friday announcement of fourth-quarter financial results. Revenue was up more than 40% year over year and gross profits increased just above 24%.
The company still loses money, and that doesn’t seem likely to change in the near term. Wall Street currently forecasts net losses as far into the future as 2023 even as revenue, which neared $7 billion, is seen approaching $20 billion over that period.
...
https://www.barrons.com/articles/wayfair...latestnews
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