Wayfair Inc. (NYSE:W) Q3 2024 Earnings Conference Call November 1, 2024 8:00 AM ET Company Participants James Lamb - Head of IR Niraj Shah - CEO, Co-Chairman & Co-Founder Kate Gulliver - CFO & Chief Administrative Officer Steve Conine - Co-Chairman & Co-Founder Conference Call Participants Ygal Arounian - Citi Christopher Horvers - JPMorgan Peter Keith - Piper Sandler Simeon Gutman - Morgan Stanley Brian Nagel - Oppenheimer Curtis Nagle - Bank of America Colin Sebastian - Baird Oliver Wintermantel - Evercor ...

Shares of Wayfair Inc (NYSE:W) are sliding today, reversing premarket gains despite the Boston-based department store name's better-than-expected third-quarter results. The company's adjusted earnings of 22 cents per share beat estimates of 13 cents per share, while revenue also came in above expectations, despite falling from the same quarter a year ago. W was last seen down 0.8% at $42.50, and headed for its fifth-straight week of losses. The equity was rejected by pressure at the $58 level earlier this m ...

Key TakeawaysWayfair's third-quarter adjusted profit was well above analysts' estimates, but its shares slipped Friday as it lost customers.The online home furnishing retailer also saw orders delivered and repeat customer orders fall.Co-founder and CEO Niraj Shah said the company faced "sustained challenges in the category." Wayfair (W) shares slipped Friday even as adjusted profit soared above analysts' estimates as the online home furnishing retailer lost customers. The company reported third-quarter adju ...

Wayfair (W) reported $2.88 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 2%. EPS of $0.22 for the same period compares to -$0.13 a year ago.The reported revenue represents a surprise of +0.04% over the Zacks Consensus Estimate of $2.88 billion. With the consensus EPS estimate being $0.15, the EPS surprise was +46.67%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

Wayfair (W) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 46.67%. A quarter ago, it was expected that this online home goods retailer would post earnings of $0.50 per share when it actually produced earnings of $0.47, delivering a surprise of -6%.Over the last four quarters, the company ...

Exhibit 99.1 Wayfair Announces Third Quarter 2024 Results, Reports Strong Profitability in Tandem with Further Market Share Gains Q3 Net Revenue of $2.9 billion with 21.7 million Active Customers BOSTON, MA — November 1, 2024 — Wayfair Inc. ("Wayfair," "we," or "our") (NYSE: W), one of the world's largest destinations for the home, today reported financial results for its third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights • Total net revenue of $2.9 billion, decreased $60 millio ...

Q3 Net Revenue of $2.9 billion with 21.7 million Active CustomersBOSTON, Nov. 1, 2024 /PRNewswire/ -- Wayfair Inc. ("Wayfair," "we," or "our") (NYSE: W), one of the world's largest destinations for the home, today reported financial results for its third quarter ended September 30, 2024.Third Quarter 2024 Financial Highlights Total net revenue of $2.9 billion, decreased $60 million, down 2.0% year over year U.S. net revenue of $2.5 billion, decreased $60 million, down 2.3% year over year International net r ...

Wall Street analysts forecast that Wayfair (W) will report quarterly earnings of $0.15 per share in its upcoming release, pointing to a year-over-year increase of 215.4%. It is anticipated that revenues will amount to $2.89 billion, exhibiting a decline of 1.9% compared to the year-ago quarter. The current level reflects a downward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their in ...

BOSTON, Oct. 22, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE: W), the destination for all things home, today announced its new loyalty program, Wayfair Rewards. Members who enroll in this program will unlock exclusive access to significant value and convenience, with a rich host of benefits including a reward offering that can be applied to future purchases, free shipping, exclusive sales, and special offers and discounts. View Wayfair Rewards Video "We designed Wayfair Rewards to deliver extraordinary value to ...

Rising interest rates torched the home furnishings stock. Shares of Wayfair (W -9.33%) were taking a dive, even though there was no company-specific news out on the online home furnishings retailer. Instead, Wayfair got hit by rising Treasury yields, a sign investors think the Federal Reserve will be slower to cut interest rates than they previously did. Some economists now expect no cut at the next meeting in two weeks. As a result, Wayfair finished the day down 9.3%. Wayfair could use some help Spending o ...