Wayfair (W) reports Q1 2022 losses - CNBC

Wayfair co-founder and Chief Executive Officer Niraj Shah said, despite sliding sales, consumer health remains "relatively strong."

Wayfair shares tumbled 26% Thursday after the online furniture retailer reported larger-than-expected losses in the first quarter as shoppers scaled back their spending on the home category. Wayfair… [+2173 chars]

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