Wayfair Inc Class A
W: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| JX | LOCK|@$ | LOCK|&sC#&h |
Wayfair Earnings: Weak Housing Market Trends Fail To Derail Progress in EBITDA Expansion
Wayfair delivered first-quarter sales growth of 7% lifted by 3% growth in orders delivered and a 4% rise in average order volume. Adjusted EBITDA margin expanded 130 basis points to 5.2% due to stringent cost management. Wayfair paid down about $300 million in convertibles, reducing dilution risk.
