The stock is down 43% in the last 12 months and over 20% in 2025. W stock has been a target of short sellers.
Shares of Wayfair Inc W were declining after the company announced a planned technology workforce reduction.
Stock bounces off a two-year low as Wayfair says it expects to see savings from its job cuts in the second half of 2025.
Wayfair reported slightly better than expected Q4 2024 net revenues, with +0.2% growth. Spending on advertising was higher, though, so its adjusted EBITDA and free cash flow were slightly lower than I expected for the quarter. Going forward, Wayfair may see roughly flat net revenues, excluding the impact of its exit from Germany.
W's fourth-quarter 2024 results benefit from a healthy performance in the U.S. segment. However, earnings miss estimates.
Shares of Wayfair Inc W fell Friday morning, despite the company reporting a Q4 revenue beat on Thursday.
Wayfair (W) shares dropped Thursday after the company reported a bigger adjusted loss in the fourth quarter than analysts expected.
Wayfair Inc. (NYSE:W ) Q4 2024 Earnings Conference Call February 20, 2025 8:00 AM ET Company Participants James Lamb - Head of Investor Relations and Treasury Niraj Shah - Chief Executive Officer, Co-Chairman and Co-Founder Kate Gulliver - Chief Financial Officer and Chief Administrative Officer Conference Call Participants Ygal Arounian - Citi Maria Ripps - Canaccord Genuity Eric Sheridan - Goldman Sachs Jolie Wasserman - JPMorgan Simeon Gutman - Morgan Stanley Steven Forbes - Guggenheim Securities Operator Good morning. My name is Aaron and I will be your conference operator for today.
Wayfair (W -5.06%), a leading home goods e-commerce company, released its fourth quarter 2024 earnings on Feb. 20, 2025. The highlight was a revenue of $3.121 billion, exceeding analyst estimates of $3.071 billion.
Wayfair (W) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of $0.02. This compares to loss of $0.11 per share a year ago.
Wayfair posted a wider-than-expected fourth-quarter loss.
Besides Wall Street's top -and-bottom-line estimates for Wayfair (W), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.