Wayfair’s Upcoming Q1 Earnings Preview 
<p><a href='https://financialmodelingprep.com/financial-summary/W'>Wayfair (NYSE:W)</a> will report its Q1/23 earnings on May 4. RBC Capital analysts shared their outlook, expecting a net sales decline of 9% year-over-year (in-line with Street estimates) and EBITDA of ($74) million, compared to the Street estimate of ($78) million. </p>
<p>The analysts estimate Q1 active customers of 21.8 million, down 1.1% quarter-over-quarter, which would mark the 8th straight quarter of sequential declines. </p>
<p>The analysts said they will be paying particular attention to (1) how Q2-to-date gross sales are trending relative to the implied Q1 exit rate, and (2) if management makes a firmer commitment to the timing of profitability.</p>

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