How did Wayfair's revenue and expenses trend in Q4 2024?

Wayfair's revenue and expenses in Q4 2024 are not currently available. However, we can analyze the available data from Q3 2024 to gain insights into the company's financial trends. 1. **Revenue Trend in Q3 2024**: - Wayfair reported a net revenue of $2.88 billion for Q3 2024, which represents a year-over-year decline of 2%. - The company's revenue was in line with analyst estimates, with a slight surprise of +0.04% over the Zacks Consensus Estimate of $2.88 billion. 2. **Expense Trends in Q3 2024**: - Wayfair's gross margin was 30.27% for Q3 2024, compared to 31.15% in the same period the previous year. - The company reported a net loss of $74.0 million for Q3 2024, which represents a significant improvement from the $100 million net loss in the same period the previous year. - The net loss per share was $0.60, a substantial improvement from the $1.41 loss per share in Q3 2023. 3. **Other Key Metrics in Q3 2024**: - Orders per customer for Q3 2024 were 1.85, compared to 1.83 in the previous year, indicating a slight increase in orders. - The average order value increased from $297 to $310 year-over-year, beating the consensus mark by 4.36%. - Repeat customers placed 7.4 million orders, accounting for 79.9% of total orders, although this represented a 6.3% year-over-year decline. 4. **Institutional Activity**: - Geode Capital Management LLC increased its position in Wayfair by 2.4% during Q3 2024, owning 1,524,854 shares valued at $85,690,000. - Loop Capital recently lifted Wayfair's share price target to $55, maintaining a "Hold" rating, despite reducing their forecast for Wayfair's fiscal year 2025 Adjusted EBITDA. In conclusion, Wayfair showed a decline in revenue and a decrease in gross margin, but a significant improvement in net profit and cash flow compared to the previous year. The company's active customer base and average order value showed resilience, indicating potential for future revenue growth if market conditions improve.