NEW YORK (TheStreet) -- Shares of Wayfair (W) - Get Report were sliding 8.29% to $44.25 in pre-market trading on Tuesday after the company posted a larger-than-anticipated loss for the 2016 second quarter.

Before today's opening bell, the Boston-based e-commerce company posted an adjusted loss of 43 cents per share, while analysts were expecting a loss of 41 cents per share.

Revenue jumped 60% to $786.9 million from last year, above analysts' estimates of $782.4 million.

"We are achieving strong momentum across the business as Wayfair continues to take between a third and forty percent of the online dollar growth in our categories in the U.S.," CEO Niraj Shah said in a statement.

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Separately, TheStreet Ratings Team has a "Sell" rating with a score of D+ on the stock.

The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins, weak operating cash flow and feeble growth in its earnings per share.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: W

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