Consumer BehaviorWayfair’s sales declined by approximately 2%, reflecting some big-ticket spending trepidation and election uncertainty.
Financial PerformanceQ4 profitability outlook was below expectations, with management indicating a commitment to growing adj. EBITDA dollars in FY25, which seems to be weighing on the stock.
Macro EnvironmentMacro headwinds in the Home category remain an overhang for the stock, as are tariff threats.