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Mar 31, 2024
Wayfair Q1 2024 Earnings Report
Wayfair's Q1 2024 results revealed a slight decrease in revenue but marked the fourth consecutive quarter of strong profitability.
Key Takeaways
Wayfair's Q1 2024 net revenue was $2.7 billion, a slight decrease of 1.6% year-over-year. The company reported a net loss of $248 million but achieved a Non-GAAP Adjusted EBITDA of $75 million. Active customers increased by 2.8% year-over-year, reaching 22.3 million.
Total net revenue decreased slightly by 1.6% year-over-year to $2.7 billion.
Active customers increased by 2.8% year-over-year, totaling 22.3 million.
The company experienced a net loss of $248 million, while Non-GAAP Adjusted EBITDA was $75 million.
LTM net revenue per active customer was $537, a decrease of 2.8% year-over-year.
Revenue by Geographic Location
Forward Guidance
The press release does not contain specific forward guidance. Therefore, a summary, positives, and negatives cannot be provided.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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