$W (+1,17ย %) | Wayfair Q3'24 Earnings Highlights:
๐น Revenue: $2.88B (Est. $2.88B) ๐ก; DOWN -2% YoY
๐น Adjusted EPS: $0.22 (Est. $0.13) ๐ข
๐น Net Loss: $74M; Improved from $163M YoY
๐น Gross Profit: $873M (30.3% margin)
๐น Adjusted EBITDA: $119M; UP from $100M YoY
Key Metrics:
๐น Active Customers: 21.7M; DOWN -2.7% YoY
๐น Average Order Value: $310; UP from $297 YoY
๐น Repeat Orders: 79.9% of total orders
๐น Orders Delivered: 9.3M; DOWN -6.1% YoY
CEO Commentary:
๐ธ "Focused on profitability and customer loyalty to build long-term value amidst a challenging environment."