Q4 Net Revenue of $3.1 billion with 21.4 million Active Customers

BOSTON, Feb. 20, 2025 /PRNewswire/ -- Wayfair Inc. ("Wayfair," "we," or "our") (NYSE: W), the destination for all things home, today reported financial results for its fourth quarter and full year ended December 31, 2024.

Fourth Quarter 2024 Financial Highlights

Total net revenue of $3.1 billion, increased $7 million, up 0.2% year over yearU.S. net revenue of $2.7 billion, increased $30 million, up 1.1% year over yearInternational net revenue of $381 million decreased 23 million, down 5.7% year over year. International Net Revenue Constant Currency Growth was (5.0)%Gross profit was $941 million, or 30.2% of total net revenueNet loss was $128 million and Non-GAAP Adjusted EBITDA was $96 millionDiluted loss per share was $1.02 and Non-GAAP Adjusted Diluted Loss Per Share was $0.25Net cash provided by operating activities was $162 million and Non-GAAP Free Cash Flow was $102 millionCash, cash equivalents and short-term investments totaled $1.4 billion and total liquidity was $1.9 billion, including availability under our revolving credit facility

Muse leverages GenAI to provide endless inspiration through an innovative visual browsing experience

BOSTON, Feb. 11, 2025 /PRNewswire/ -- Wayfair Inc. (NYSE:W), the destination for all things home, today announced Muse, its latest innovation in personalized home shopping. Designed to give customers an easy way to find inspiration and ideas for their homes, Muse transforms how customers discover, personalize, and shop for their dream spaces.

BOSTON, Jan. 28, 2025 /PRNewswire/ -- Wayfair Inc. (NYSE:W), the destination for all things home, today announced it will release financial results for its fourth quarter ending December 31, 2024 before the opening of the market on February 20, 2025.

Wayfair will host a conference call at 8 a.m. ET on Thursday, February 20 to review results. Investors and participants can register for the webcast in advance here.

Shop Black Friday deals on all things home starting today, plus new holiday deals dropping daily and the return of can't-miss Black Friday Doorbusters

BOSTON, Nov. 12, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE:W), the destination for all things home, today announced its full suite of Black Friday and holiday savings events featuring over one million items on sale today with discounts of up to 80% off at the end of the month. Some of the most exciting offers include:

Q3 Net Revenue of $2.9 billion with 21.7 million Active Customers

BOSTON, Nov. 1, 2024 /PRNewswire/ -- Wayfair Inc. ("Wayfair," "we," or "our") (NYSE: W), one of the world's largest destinations for the home, today reported financial results for its third quarter ended September 30, 2024.

Third Quarter 2024 Financial Highlights

Total net revenue of $2.9 billion, decreased $60 million, down 2.0% year over yearU.S. net revenue of $2.5 billion, decreased $60 million, down 2.3% year over yearInternational net revenue of $372 million and International Net Revenue Constant Currency Growth remained constant year over yearGross profit was $873 million, or 30.3% of total net revenueNet loss was $74 million and Non-GAAP Adjusted EBITDA was $119 millionDiluted loss per share was $0.60 and Non-GAAP Adjusted Diluted Earnings Per Share was $0.22Net cash provided by operating activities was $49 million and Non-GAAP Free Cash Flow was ($9) millionCash, cash equivalents and short-term investments totaled $1.3 billion and total liquidity was $1.9 billion, including availability under our revolving credit facility

BOSTON, Oct. 22, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE: W), the destination for all things home, today announced its new loyalty program, Wayfair Rewards. Members who enroll in this program will unlock exclusive access to significant value and convenience, with a rich host of benefits including a reward offering that can be applied to future purchases, free shipping, exclusive sales, and special offers and discounts. 

BOSTON, Oct. 8, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE: W) (the "Company," "we" or "Wayfair") today announced that its subsidiary, Wayfair LLC (the "Issuer"), closed its previously announced private offering of $800 million in aggregate principal amount of 7.250% senior secured notes due 2029 (the "Notes"). The Notes will mature on October 31, 2029, unless earlier repurchased or redeemed in accordance with their terms.

BOSTON, Oct. 2, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE:W), the destination for all things home, today announced it will release financial results for its third quarter ending September 30, 2024 before the opening of the market on November 1, 2024.

Wayfair will host a conference call at 8 a.m. ET on Friday, November 1 to review results. Investors and participants can register for the call in advance here.

The Babs x Birch Lane collection features Babs' favorite Birch Lane pieces and home decorating advice from the "internet's favorite grandma."

BOSTON, Oct. 1, 2024 /PRNewswire/ -- Barbara "Babs" Costello, the beloved figure behind the viral TikTok and Instagram account @BrunchWithBabs, announced today a new partnership with classic home brand Birch Lane. The Babs x Birch Lane partnership includes a shoppable collection of Babs' favorite pieces from the brand, some of which she has been using for years. Babs will be Birch Lane's first-ever brand ambassador.

Gear up for holiday shopping with up to 80 percent off furniture, home decor, home improvement, and more, plus new deals dropping every 24 hours

BOSTON, Sept. 26, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE:W), the destination for all things home, today announced its second Way Day of the year beginning Saturday, October 5 at midnight ET. The return of the three-day sales event offers Wayfair customers the perfect opportunity to get ahead of holiday shopping, with discounts on over one million items and free shipping sitewide. Way Day runs online and in-store across Wayfair's Specialty Retail Brands, AllModern, Birch Lane, and Joss & Main, with additional Pro-exclusive deals available for Wayfair Professional members.