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 ...

Core Insights - Wayfair Inc. has launched a new loyalty program called Wayfair Rewards, aimed at providing significant value and convenience to its customers [1] - The program offers a variety of benefits including 5% back in rewards on all merchandise, free shipping, exclusive sales, and priority customer service [1] Company Overview - Wayfair generated $11.9 billion in net revenue for the twelve months ended June 30, 2024 [3] - The company is headquartered in Boston, Massachusetts, and operates globally [3] Loyalty Program Details - Wayfair Rewards requires a $29/year subscription and includes benefits such as: - 5% back in rewards on all merchandise across Wayfair and its specialty brands [1] - Rewards do not expire as long as membership is maintained [1] - Exclusive member-only sales with significant discounts [1] - Early access to major sales events like Way Day [1] - Free shipping on all items regardless of order size [1] - Priority customer service with a dedicated phone line [1] - Special offers including a birthday perk [1]

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 ...

BOSTON, Oct. 8, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE: W) (the "Company," "we" or "Wayfair") today announced that its subsidiary, Wayfair LLC (the "Issuer"), closed its previously announced private offering of $800 million in aggregate principal amount of 7.250% senior secured notes due 2029 (the "Notes"). The Notes will mature on October 31, 2029, unless earlier repurchased or redeemed in accordance with their terms.We intend to use the net proceeds from the Notes offering, together with cash on hand, for ...

Wayfair (W, Financial) shares climbed by 6.47% recently, driven by a broader sector-wide upswing rather than the company's individual performance. The recent improvement in the real estate and home improvement markets, along with successes of industry competitors, contributed to this surge.Wayfair (W, Financial) continues to grapple with post-pandemic sales declines, making it a challenge to return to profitability. In the second quarter, the company reported a net loss of $42 million and earnings per share ...

BOSTON, Oct. 2, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE:W), the destination for all things home, today announced it will release financial results for its third quarter ending September 30, 2024 before the opening of the market on November 1, 2024.Wayfair will host a conference call at 8 a.m. ET on Friday, November 1 to review results. Investors and participants can register for the call in advance here.The call will also be available via live webcast. The archived webcast will be available shortly after th ...

The Babs x Birch Lane collection features Babs' favorite Birch Lane pieces and home decorating advice from the "internet's favorite grandma."BOSTON, Oct. 1, 2024 /PRNewswire/ -- Barbara "Babs" Costello, the beloved figure behind the viral TikTok and Instagram account @BrunchWithBabs, announced today a new partnership with classic home brand Birch Lane. The Babs x Birch Lane partnership includes a shoppable collection of Babs' favorite pieces from the brand, some of which she has been using for years. Babs w ...

Gear up for holiday shopping with up to 80 percent off furniture, home decor, home improvement, and more, plus new deals dropping every 24 hoursBOSTON, Sept. 26, 2024 /PRNewswire/ -- Wayfair Inc. (NYSE:W), the destination for all things home, today announced its second Way Day of the year beginning Saturday, October 5 at midnight ET. The return of the three-day sales event offers Wayfair customers the perfect opportunity to get ahead of holiday shopping, with discounts on over one million items and free shi ...