Wayfair reported a decrease in total net revenue by 18.7% year-over-year, amounting to $3.1 billion. Despite the revenue decrease, the company achieved over $100 million in adjusted EBITDA. Active customers increased by 1.5% year-over-year, reaching 29.2 million.
Total net revenue decreased by 18.7% year-over-year to $3.1 billion.
U.S. net revenue decreased by 20.8% year-over-year to $2.6 billion.
Active customers increased by 1.5% year-over-year, reaching 29.2 million.
Diluted loss per share was $(0.75), while Non-GAAP Adjusted Diluted Earnings per Share was $0.14.
The company did not provide specific forward guidance in this earnings report.
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