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Sep 30, 2024
Wayfair Q3 2024 Earnings Report
Wayfair showcased resilience and profitability, capturing market share amid category challenges.
Key Takeaways
Wayfair reported Q3 net revenue of $2.9 billion. The company demonstrated strong profitability with a mid-single-digit Adjusted EBITDA margin for the second consecutive quarter. They are focused on customer loyalty and repeat business to drive economic value.
Total net revenue was $2.9 billion, a decrease of 2.0% year over year.
U.S. net revenue was $2.5 billion, a decrease of 2.3% year over year.
Active customers totaled 21.7 million as of September 30, 2024, a decrease of 2.7% year over year.
Orders delivered were 9.3 million, a decrease of 6.1% year over year.
Wayfair
Wayfair
Wayfair Revenue by Segment
Wayfair Revenue by Geographic Location
Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income