secwatch.observer — SEC 8-K summary
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Issuer:     Wayfair Inc. (W)
CIK:        0001616707
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001616707-24-000032
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wayfair Q1 net revenue $2.7B (-1.6% YoY); net loss narrows to $248M from $355M
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- Non-GAAP Adjusted EBITDA of $75M, fourth consecutive quarter of strong profitability.
- Active customers rose 2.8% YoY to 22.3 million; LTM revenue per active customer down 2.8% to $537.
- U.S. net revenue $2.4B (-1.0% YoY); International net revenue $338M (-5.8% YoY, -7.5% constant currency).
- Diluted loss per share $2.06 (improved from $3.22); Non-GAAP adjusted diluted loss per share $0.32.
- Repeat customers placed 80.5% of orders vs 79.1% a year ago; mobile orders 63.1% of total.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616707/000161670724000032/0001616707-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616707/000161670724000032/w-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001616707-24-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer