While direct retail net revenues increased for Wayfair — whose operations are comprised of Wayfair, Joss & Main, AllModern, Birch Lane and Perigold — it wasn’t all rosy for the online furniture retailer.
The company’s net loss widened to $200.4 million, which caused its stock to fall in premarket trading on Thursday, according to MarketWatch.
But Wayfair’s executives said the company’s outlook was positive related to the gains it did achieve in growing revenue, active users, order volume and order value.
