8 Articles
8 Articles
Wayfair makes progress towards profitability in Q1 performance - Big Furniture Group
Global online retailer Wayfair has reported a growth in sales during its first quarter of 2025. According to its latest trading update ended 31 March 2025, total sales increased by $1m to $2.7bn against the same period in 2024. US sales rose 1.6% to $2.4bn – an increase of $38m, while International sales fell 10.9% to $301m – a decline of $37m. Net losses resulted at $113m, narrowing from a loss of $248m year-on-year. Wayfair said active custome…
Wayfair reports slight increase in Q1 net revenue - Home News Now
Company also further reduces its net loss by half BOSTON — Home furnishings retailer Wayfair reported an increase in net revenue, while also cutting its net loss for the first quarter ended March 31. The company said that total net revenue increased by nearly $1 million from the same period last year, to $2.7 billion. U.S. revenue rose 1.6% or by $38 million to $2.4 billion. This was offset by a $37 million decrease in international revenue, a 1…
With bump in revenue, Wayfair sees improving numbers for Q1 2025
BOSTON — With net revenue virtually flat year-over-year, Wayfair did see a small bump in total revenue and a larger one in U.S. revenue for the first quarter ended March 31. Total net revenue for the quarter came in at $2.73 billion, up from $2.729 billion in last year’s first quarter. U.S. net revenue was $2.4 billion, an increase of 1.6% or $38 million year-over-year. International net revenue for the period was down 10.9%, partially attribute…
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