Wayfair's Earnings Call: 3 Big Takeaways
Wayfair's (NYSE: W) sales are down, but it isn't done growing. The home furnishings giant last week announced a 10% revenue slump as compared to soaring results a year earlier when the pandemic's early impact was at its peak.
Management expects the slump to be short-lived. In fact, in a conference call with Wall Street analysts, CEO Niraj Shah and his team outlined why they still see a clear path toward $100 billion of annual sales by 2030, even if the next few quarters might be bumpy.
Let's look at the key highlights from that presentation.
Source Fool.com
