Wayfair ended 2023 with another unprofitable quarter, but pointed to several key metrics that reflect the company getting closer to profitability — even as it continued to post wider losses than the quarter before.
"Q4 was one more definitive step on our profitability journey," CEO Niraj Shah told investors on a fourth-quarter earnings call Thursday morning.
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A return to profitability has long been a goal for the Boston-based company. Shah also provided more details about the company's layoffs last month.
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