Wayfair Inc. (NYSE:W) reported upbeat fiscal fourth-quarter 2025 earnings on Thursday.
The company reported fourth-quarter adjusted earnings per share of 85 cents, beating the analyst consensus estimate of 66 cents. Quarterly sales of $3.337 billion (+6.9% year over year) outpaced the Street view of $3.301 billion.
Active customers totaled 21.3 million as of December 31, 2025, a decrease of 0.5% year over year.
“We had our third consecutive quarter of new customer growth, on top of healthy growth in repeat orders, all in the face of a category that contracted in the low single digits for the final quarter of the year,” said Niraj Shah, CEO, co-founder, and co-chairman, Wayfair.
Wayfair expects mid-single-digit year-over-year revenue growth in the first quarter of 2026, with gross margins projected in …