🛋️ **Wayfair Inc. (W) Q4 2024 Earnings Call**
Join Wayfair's executive team as they discuss the financial results for the fourth quarter and full year ended December 31, 2024.
🔑 **Key Highlights Include:**
- **Financial Performance:**
- **Net Revenue:** Reported $3.121 billion for Q4 2024, a slight increase from $3.114 billion in Q4 2023. [Source](https://investor.wayfair.com/news/news-details/2025/Wayfair-Announces-Fourth-Quarter-and-Full-Year-2024-Results-Reports-Positive-Year-Over-Year-Growth-with-Strong-Profitability/default.aspx)
- **Net Loss:** Recorded a net loss of $128 million, or $1.02 per share, narrowing from a loss of $174 million, or $1.49 per share, in the prior year. [Source](https://www.marketwatch.com/story/wayfairs-latest-loss-suggests-furniture-recovery-remains-elusive-84f2fc20)
- **Adjusted EBITDA:** Achieved nearly $100 million in adjusted EBITDA for the quarter, contributing to approximately 50% year-over-year dollar growth for 2024. [Source](https://investor.wayfair.com/news/news-details/2025/Wayfair-Announces-Fourth-Quarter-and-Full-Year-2024-Results-Reports-Positive-Year-Over-Year-Growth-with-Strong-Profitability/default.aspx)
- **Operational Highlights:**
- **Active Customers:** Totaled 21.4 million as of December 31, 2024, a 4.5% decrease year-over-year. [Source](https://investor.wayfair.com/news/news-details/2025/Wayfair-Announces-Fourth-Quarter-and-Full-Year-2024-Results-Reports-Positive-Year-Over-Year-Growth-with-Strong-Profitability/default.aspx)
- **Average Order Value:** Increased to $290 in Q4 2024 from $276 in the same period last year. [Source](https://www.marketwatch.com/story/wayfairs-latest-loss-suggests-furniture-recovery-remains-elusive-84f2fc20)
- **Mobile Engagement:** Approximately 64.5% of total orders were placed via mobile devices, up from 62.8% a year ago. [Source](https://www.marketwatch.com/story/wayfairs-latest-loss-suggests-furniture-recovery-remains-elusive-84f2fc20)
- **Strategic Initiatives:**
- **Logistics Enhancement:** Leveraged the proprietary CastleGate logistics network to improve delivery times and conversion rates. [Source](https://www.marketwatch.com/story/wayfairs-latest-loss-suggests-furniture-recovery-remains-elusive-84f2fc20)
- **Product Curation:** Expanded the "Wayfair Verified" program, leading to higher engagement and revenue per SKU. [Source](https://www.marketwatch.com/story/wayfairs-latest-loss-suggests-furniture-recovery-remains-elusive-84f2fc20)
- **Physical Retail Expansion:** Opened the first physical store near Chicago, resulting in a more than 15% sales increase in Illinois compared to the national average. [Source](https://www.marketwatch.com/story/wayfairs-latest-loss-suggests-furniture-recovery-remains-elusive-84f2fc20)
📈 Stay informed with Wayfair's latest financial insights and strategic developments.
📌 **For more details, visit the [Wayfair Investor Relations website](https://investor.wayfair.com/overview/default.aspx).**