Wayfair sees Q4 revenue down low single digits

Sees Q4 gross margin at lower end of 30%-31% range. Sees Q4 adjusted EBITDA margin 2%-4%. Sees FY25 adjusted EBITDA higher than FY24. Says seeing broader pullback from consumers ahead of election. Says focused on growing adjusted EBITDA. Says expects healthy free cash flow generation to round out the year. Comments and guidance taken from Q3 earnings conference call.