Wayfair loses customers and money in a messy quarter, announces its CFO will retire - CNBC

5/5/2022 12:00:00 AM3 yearsago
by Lauren Thomas
by Lauren Thomas
Wayfair co-founder and Chief Executive Officer Niraj Shah said, despite sliding sales, consumer health remains "relatively strong."
Wayfair shares tumbled in premarket trading Thursday after the online furniture retailer reported larger-than-expected losses in the first quarter as shoppers scaled back their spending on the home c… [+2114 chars]
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