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Wayfair CFO's Muted Home-Goods Demand Outlook Offers More Bad News For Realtors
Wayfair CFO's Muted Home-Goods Demand Outlook Offers More Bad News For Realtors
Wayfair CFO Kate Gulliver appeared at JPMorgan's conference Monday morning in a discussion with the bank's retail analyst, Christopher Horvers.
What caught our attention in the 35-minute conversation, which ranged from the online home-goods retailer's financial position to broader consumer trends, was Gulliver's outlook on home goods and housing markets.
A more active housing market typically drives demand for big-ticket home purchases such as sofas, tables, and other furnishings sold on Wayfair's online platform.
However, her forecast for the remainder...
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