Wayfair reported second-quarter earnings that exceeded analyst expectations, with adjusted EPS of $0.95 versus $0.87 estimated and revenue of $3.52 billion beating the $3.45 billion forecast. US revenue grew 8.7% to $3.1 billion, driving overall 7.5% revenue growth, while international revenue declined slightly. Specialty and luxury brands saw significant growth, with specialty brands up nearly 20% and luxury brand Perigold growing over 35%. The company generated strong cash flow and maintains healthy liquidity, signaling confidence in continued growth momentum, especially in the US market and premium segments.
Ridgeline Minerals Corp. has sold its interests in four gold exploration projects in Nevada—Swift, Black Ridge, Bell Creek, and Atlas—to Nevada Gold Mines for US$23.15 million in cash. This transaction gives Nevada Gold Mines 100% ownership of these ...
Wayfair reported Q2 2026 net revenue of $3.5 billion, up 7.5% year-over-year, driven by an 8.7% increase in US revenue to $3.1 billion, while international revenue slightly declined. The company had 21.7 million active customers, a 3.3% increase, wit...
Wayfair announced plans to open its first store in Pennsylvania, located in Pittsburgh's North Hills Village, in 2027. The 95,000-square-foot store will offer a curated selection of home products and feature an on-site design studio for customer cons...
