W Stock Recent News

Shares of Wayfair Inc W were declining after the company announced a planned technology workforce reduction.

BOSTON , March 10, 2025 /PRNewswire/ -- Wayfair Inc. (NYSE: W) (the "Company," "we" or "Wayfair") today announced that its subsidiary, Wayfair LLC (the "Issuer"), intends to offer, subject to market and other conditions, $700 million in aggregate principal amount of senior secured notes due 2030 (the "Notes") in a private offering. We intend to use the net proceeds from the Notes offering to purchase a portion of our outstanding 0.625% convertible senior notes due 2025 (the "2025 Notes") and 1.00% convertible senior notes due 2026 (the "2026 Notes") concurrent with or subsequent to the offering of Notes and for general corporate purposes, which may include the repayment of existing indebtedness.

Stock bounces off a two-year low as Wayfair says it expects to see savings from its job cuts in the second half of 2025.

Wayfair reported slightly better than expected Q4 2024 net revenues, with +0.2% growth. Spending on advertising was higher, though, so its adjusted EBITDA and free cash flow were slightly lower than I expected for the quarter. Going forward, Wayfair may see roughly flat net revenues, excluding the impact of its exit from Germany.

W's fourth-quarter 2024 results benefit from a healthy performance in the U.S. segment. However, earnings miss estimates.

Shares of Wayfair Inc W fell Friday morning, despite the company reporting a Q4 revenue beat on Thursday.

Wayfair (W) shares dropped Thursday after the company reported a bigger adjusted loss in the fourth quarter than analysts expected.

Pre-markets are once again starting off lower, but the S&P 500 is working on a two-day record-closing-high.

Wayfair Inc. (NYSE:W ) Q4 2024 Earnings Conference Call February 20, 2025 8:00 AM ET Company Participants James Lamb - Head of Investor Relations and Treasury Niraj Shah - Chief Executive Officer, Co-Chairman and Co-Founder Kate Gulliver - Chief Financial Officer and Chief Administrative Officer Conference Call Participants Ygal Arounian - Citi Maria Ripps - Canaccord Genuity Eric Sheridan - Goldman Sachs Jolie Wasserman - JPMorgan Simeon Gutman - Morgan Stanley Steven Forbes - Guggenheim Securities Operator Good morning. My name is Aaron and I will be your conference operator for today.

Wayfair (W -5.06%), a leading home goods e-commerce company, released its fourth quarter 2024 earnings on Feb. 20, 2025. The highlight was a revenue of $3.121 billion, exceeding analyst estimates of $3.071 billion.