earnings
confidence high
sentiment positive
materiality 0.75
Wayfair Q3 revenue up 3.7% to $2.94B; adjusted EBITDA positive $100M
Wayfair Inc.
2023-Q3 EPS reported
-$4.99
revenue$8,889,000,000
- Q3 net revenue $2.94B, up 3.7% YoY; U.S. revenue $2.6B (+5.4%), International $372M (-7%).
- Net loss $163M ($1.40 loss per share) improved from $283M loss a year ago; Non-GAAP Adj. EBITDA $100M.
- Active customers 22.3M (-1.3% YoY) but orders delivered 9.9M (+13.8%); repeat orders 79.7%.
- Free cash flow positive $42M, second consecutive quarter; total liquidity $1.8B.
- CEO Niraj Shah cites ability to drive profitability while investing for growth.