Sees Q4 adjusted EBITDA margin 5.5%-6.5%. Sees Q4 gross margin 30%-31%. Sees Q4 customer service emergencies just below 4%. Sees Q4 advertising 11%-12% of net revenue. Sees Q4 net interest expense $30M. Sees Q4 capital expenditures $55M-$65M. Says seeing strong performance over the first month of the quarter. Comments and guidance taken from Q3 earnings conference call.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on W:
- Wayfair reports Q3 adjusted EPS 70c, consensus 44c
- Wayfair reports active customers totaled 21.2M as of Sept. 30, down 2.3% y/y
- Wayfair’s Modest Growth and Marginal Adjustments Justify Hold Rating
- Wayfair price target raised to $105 from $82 at JPMorgan
- W Earnings Report this Week: Is It a Buy, Ahead of Earnings?
