Wayfair Q3 Net Income Swings to $62 Million Profit
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12:30:30 PM UTC
SquawkNews
By Adriano MarcheseWayfair swung to a third-quarter profit, driven by a surge in U.S. sales and its strongest pace of growth since the pandemic.The online home-goods retailer on Wednesday posted net income of $62 million, or 45 cents a share, compared with a loss of $99 million, or 76 cents a share…