Wayfair Stock Slides on Wider-Than-Expected Loss

Core Insights - Wayfair reported a larger adjusted loss in Q4 than analysts anticipated, leading to a drop in share price [1][3] Financial Performance - The company generated revenue of $3.1 billion, which is an increase of less than 1$2.74 billion, also surpassing forecasts [2] - Wayfair posted an adjusted loss per share of 25 cents, which was wider than expected [2] - Active customers decreased by approximately 5% to 21.4 million, falling short of estimates [2] Future Outlook - For Q1, Wayfair projected revenue to remain flat or decline from $2.7 billion a year earlier [3] - CEO Niraj Shah expressed confidence in the company's ability to continue gaining market share despite the challenges [3]