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W — Wayfair News Story

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Wayfair soars to 3-1/2-yr high as sales trumps estimates

Updates

** Wayfair shares W.N jump 22.4% to $105.78, highest since April 2022

** Online furniture retailer's Q3 rev of $3.12 bln beats analysts' estimate of $3.02 bln, per LSEG data, as orders delivered rise 5%

** "Wayfair's easy user interface and marketing prowess have positioned it as a leader in the category, as evidenced by the share gains it continues to grab," says Morningstar analyst Jaime M. Katz

** Up to last close, stock up almost 95% YTD

 (Reporting by Koyena Das and Anshi Sancheti)

 ((Anshi.Sancheti@thomsonreuters.com))

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