Wayfair Beats Q3 Estimates, Guides Mid‑Single‑Digit Growth

Wayfair beat third‑quarter estimates, reporting revenue up 8.1% year‑over‑year to $3.12 billion and non‑GAAP earnings of $0.70 per share. The company posted a GAAP loss of $99 million but achieved an adjusted EBITDA margin of 6.7%, after excluding one‑time items such as restructuring, equity compensation and a debt repurchase loss. Management said tariffs on lumber and upholstered furniture did not meaningfully alter consumer behavior during the quarter and that new 25% tariffs took effect after the reporting period. Wayfair attributed the stronger quarter to higher repeat‑customer spending, loyalty‑program gains, improved availability/selection and more retail locations; delivered orders rose about 5% while active customers were roughly 21 million. For the fourth quarter the company is guiding mid‑single‑digit revenue growth versus a year ago, and shares climbed toward multi‑year highs on the results and outlook.