Wayfair (W) stock is set to open higher, surging 6.03% in pre-market trading following the release of its first-quarter 2025 financial results. The online home goods retailer reported better-than-expected earnings and profitability, demonstrating strong performance and market share gains.
The company's adjusted earnings per share (EPS) came in at $0.10, significantly outperforming the IBES estimate of -$0.22. This positive surprise indicates a substantial improvement in Wayfair's bottom line. Additionally, the company reported an adjusted EBITDA of $106 million, surpassing analyst expectations of $79.1 million and further highlighting the company's enhanced profitability.
Wayfair's gross profit for the quarter reached $837 million, contributing to the overall positive sentiment. While the company still reported a GAAP EPS loss of $0.89, the market appears to be focusing on the adjusted figures and the company's ability to exceed expectations. The strong results suggest that Wayfair's strategies for growth and efficiency are yielding positive outcomes, potentially positioning the company for continued success in the competitive e-commerce landscape.