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Nov 25, 2024

Wayfair's Net Revenue For The Third Quarter Decreased By 2% Year-on-year

Wayfair's net revenue for the third quarter decreased by 2% year-on-year
Recently, Wayfair released its third quarter performance for 2024. According to the financial report, Wayfair's net revenue for the third quarter was $2.9 billion, a decrease of $60 million or 2.0% from the previous year; The gross profit was 873 million US dollars, accounting for 30.3% of the total net revenue; Net loss of $74 million, non GAAP adjusted EBITDA of $119 million

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