Saturday 21st January 2023 Since hitting its peak valuation of $33bn, or $330 per share in the Summer of 2021, Wayfair has: It is unsurprising shares fell ~90% to $33 over the period. My analysis of St. Louis Fed Economic data in conjunction with relevant quarterly segment sales data of the main US home goodsContinue reading “The key headwind Wayfair has faced may well be online demand returning to past norms”
Tag Archives: Wayfair
Wayfair’s path to 8% FCF yields
Sunday 10th July, 2022 “Over the last 4 or 5 years, we’ve had this agenda on how we can unlock a lot of gross margin. We’re talking about a 1,000 basis point runway, and this was back when we were at 24% to 25% gross margin.” – Niraj Shah, CEO of Wayfair, Q3 ‘21 earningsContinue reading “Wayfair’s path to 8% FCF yields”
BUY Wayfair: An 8x in 8 years?
Wednesday 29th June, 2022 Wayfair’s stock has been hit from multiple angles. The home goods industry in which it operates is set for further contraction as rising food and energy costs divert consumer spending away from discretionary categories like furniture and home furnishings. The industry has also seen sales shrink as consumers redirected their dollarsContinue reading “BUY Wayfair: An 8x in 8 years?”
The Equity Analyst 