$W

Reuters reports retailers are using AI chatbots like ChatGPT and Google’s Gemini to capture shopping traffic while trying to keep purchases on their own sites to retain customer data. Walmart, Ulta Beauty and Wayfair have updated websites for chatbot rankings. Ulta said Gemini/ChatGPT referrals show double conversion and intent. Juniper and Adobe Analytics estimate $8B in AI-driven retail spend and higher revenue per AI-referred visit.

A new filing in a lawsuit between Boston brokers Matthew Pullen and Edward “Woody” Maher and their former boss Rob Griffin says Pullen and Maher left Newmark, alleging exclusion and self-dealing. The amended complaint cites staffing and fee-sharing disputes and alleged client-meeting cutouts. Separately, Wayfair reported stronger sales growth and discussed store expansion.

Wayfair (W) reported Q2 FY2026 results on Aug. 4. Revenue rose 7.5% to $3.5B, beating the $3.47B estimate. Adjusted EPS increased 9.2% to $0.95. EBITDA was $242M with a 6.9% margin. Analysts raised price targets, including Jefferies to $108 and Truist to $135, citing improved outlook.

Wayfair reported Q2 revenue up 7.5% year over year to $3.5 billion, beating analyst estimates, with active customers rising by 700,000 to 21.7 million. Operating margin improved to 3% and free cash flow rose to $301 million. Perigold sales increased 35%. Net loss was $1 million. Shares rose sharply after results.

Wayfair (W) shares rose 20.8% after its Q2 2026 results. Sales increased to $3.52B from $3.27B a year earlier. Net income swung from a $15M profit to a $1M loss. The company cited strongest post-pandemic U.S. growth and Perigold’s 35%+ growth, plus improved free cash flow and store expansion. It also targets $14.9B revenue and $382.9M earnings by 2029.

Wayfair reported stronger-than-expected Q2 results, citing higher-income shoppers spending on furniture despite economic worries. CEO Niraj Shah said U.S. revenue rose nearly 9% YoY and total revenue rose 7.5% to $3.5 billion. Perigold sales grew over 35% YoY, and Wayfair posted a $1 million net loss versus a $15 million profit a year earlier.

Wayfair says its website confirms a Wayfair Outlet will open at 6765 Dublin Center Dr. in Dublin, Central Ohio, with grand opening details to be announced. The outlet will sell open-box, overstock, returned and discontinued items with weekly inventory changes. It also noted an earlier Ohio full-size store near Polaris at 1551 Gemini Pl.

Evercore raised its 2026 home improvement category growth estimate to 2% from 1%, citing stronger first-half results. It said the Home Improvement Lead Indicator fell to 2.8% in June, while first-half Census category sales rose 3.9%. Evercore kept its second-half view unchanged and prefers SHW and HD, with Wayfair as higher-beta.

NYC Mayor Zohran Mamdani said the city issued cease-and-desist orders to 42 online retailers over alleged illegal e-bikes and e-scooters that exceed NYC safety limits. He cited marketplaces including Walmart, Amazon, Target, Wayfair, and Temu. The city linked the action to recent crashes and fatalities. Walmart shares closed at $112.34, up 0.71%.

Wayfair (W) reported Q2 results despite weak U.S. housing activity. Total revenue rose 7.5% to $3.52 billion and free cash flow was $301 million. U.S. revenue increased 8.7% to $3.1 billion. Adjusted earnings were 95 cents vs 89 cents expected, and revenue beat the $3.47 billion consensus. Perigold revenue grew over 35% and management guided mid-single-digit Q3 revenue growth.