Wayfair Inc. (NYSE:W ) Q1 2025 Earnings Conference Call May 1, 2025 8:00 AM ET Company Participants Ryan Barney - Head of IR Niraj Shah - CEO, Co-Chairman and Co-Founder Kate Gulliver - CFO and Chief Administrative Officer Conference Call Participants Christopher Horvers - JPMorgan Jonathan Matuszewski - Jefferies Brian Nagel - Oppenheimer Ygal Arounian - Citi Michael Lasser - UBS Simeon Gutman - Morgan Stanley Peter Keith - Piper Sandler Operator Thank you for standing by. My name is Kayla and I will be your conference operator today.
Wayfair (W) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of a loss of $0.18 per share. This compares to loss of $0.32 per share a year ago.
The home furnishings retailer posted adjusted first-quarter earnings of 10 cents a share, far better than consensus estimates.
W's Q1 results are likely to have benefited from CastleGate and targeted ad spend. However, its German exit is expected to have pressured revenues.
Beyond analysts' top -and-bottom-line estimates for Wayfair (W), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
Wayfair (W) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A new 46% tariff on Vietnam could soon raise costs for major corporations in the apparel, furniture and toy space, and some of them may hike prices for consumers. The country became a popular alternative for companies trying to avoid the crossfire of U.S. trade tensions with Beijing.
W grows its international footprint and leverages AI, but macroeconomic and forex headwinds suggest investors can wait for better entry points in 2025.
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.