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For Wayfair, It's Like the Pandemic Never Happened

For Wayfair, It's Like the Pandemic Never Happened

Wayfair (NYSE: W) pioneered the art of losing gobs of money selling furniture and other home goods online before the pandemic. While the company's revenue was growing at a brisk pace prior to early 2020, every other metric was moving in the wrong direction. In 2019, Wayfair posted a net loss of nearly $1 billion on $9.1 billion of revenue, and free cash flow was just shy of -$600 million.