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Wayfair sees Q1 revenue flat to down year-over-year

Wayfair sees Q1 revenue flat to down year-over-year

Sees Q1 gross margin 30%-31%. Sees Q1 advertising spend 12%-13% of net revenue. Sees Q1 adjusted EBITDA margin 2%-4%. Sees Q1 net interest expense $18M. Sees Q1 capital expenditures $60M-$70M. Guidance taken from Q4 earnings conference call.

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