secwatch.observer — SEC 8-K summary
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Issuer:     Wayfair Inc. (W)
CIK:        0001616707
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001616707-24-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wayfair Q4 net revenue flat at $3.1B, adjusted EBITDA $92M, active customers +1.4% YoY
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- Q4 net revenue $3.1B, up 0.4% YoY; U.S. net revenue $2.7B (+0.9%), International $404M (-2.7%).
- Q4 net loss $174M (diluted EPS -$1.49); Non-GAAP adjusted EBITDA $92M, third consecutive positive quarter.
- Active customers 22.4M, up 1.4% YoY; LTM revenue per active customer $537, down 3.0%.
- FY 2023 net revenue $12.0B (-1.8%); net loss $738M; adjusted EBITDA $306M.
- Free cash flow $62M in Q4; full year free cash flow ($2M), improved >$1B vs FY 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616707/000161670724000012/0001616707-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616707/000161670724000012/w-20240222.htm
  HTML page:      https://secwatch.observer/filing/0001616707-24-000012

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