Ryan Barney
Head of Investor Relations
Replay available
Wayfair Inc. (NYSE: W) Q3 2025 earnings conference call, held 2025-10-28. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Co-Founder, Chief Executive Officer and Co-Chairman
Chief Technology Officer
Chief Financial Officer and Chief Administrative Officer
Analyst at JP Morgan
Analyst at Morgan Stanley
Analyst at Piper Sandler
Analyst at Canaccord
Analyst at Oppenheimer
Analyst at Guggenheim Securities
Hello and thank you for standing by. My name is Tiffany and I will be your conference operator today. At this time, I would like to welcome everyone to the Wayfair third quarter 2025 earnings release conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during that time, simply press star then the number one on your telephone keypad. I would now like to turn the call over to Ryan Barney, Head of Investor Relations. Ryan, please go ahead. Good morning, and thank you for joining us. Today, we will review our third quarter 2025 results. With me are Neeraj Shah, Co-Founder, Chief Executive Officer and Co-Chairman, Steve Conine, Co-Founder and Co-Chairman, Kate Gulliver, Chief Financial Officer and Chief Administrative Officer, and Fiona Tan, Chief Technology Officer. We will all be available for Q&A following today's prepared remarks. I would like to remind you that our call today will consist of forward-looking statements, including but not limited to those regarding our future prospects, business strategies, industry trends, and our financial performance, including guidance for the fourth quarter of 2025. All forward-looking statements made on today's call are based on information available to us as of today's date. We cannot guarantee that any forward-looking statements will be accurate, although we believe that we have been reasonable in our expectations and assumptions. Our 10-K for 2024, our 10-Q for this quarter, and our subsequent SEC filings identify certain factors that could cause the company's actual results to differ materially from those projected in any forward-looking statements made today. Except as required by law,...