BUZZ-Wayfair falls after bigger-than-expected Q4 loss
ReutersFeb 20, 2025 12:55 PM
Online furniture retailer Wayfair's W.N shares fall ~7% to $43.02 premarket
Reports Q4 adjusted loss per share of 25 cents vs expectations of a loss of 2 cents per share - data compiled by LSEG
Gross profit for Q4 fell by 0.3% despite revenue rising 0.2% to $3.12 billion, compared with expectations of $3.07 billion
Wayfair's adjusted profits in Q4 were also hurt by charges of $35 million, mostly driven by weakened macroeconomic conditions in Germany
W fell 28.2% in 2024
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