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Wayfair Forecasts High-Single-Digit Q4 Growth and 6% to 7% Adjusted EBITDA Margin

Wayfair Forecasts High-Single-Digit Q4 Growth and 6% to 7% Adjusted EBITDA Margin

Photo: TokenPost

Wayfair expects high-single-digit growth in the fourth quarter and an adjusted EBITDA margin of 6% to 7% after its net revenue rose 9.7% year over year in Q3. The U.S. business grew more than 11% during the quarter. CEO Niraj Shah called it the company’s strongest growth quarter of the post-pandemic period. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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