Home Retailers Report 2025 Results

- Wayfair's full-year 2025 net revenue reached $12.5 billion, a 5.1% increase year-over-year, while its net loss for the year was $313 million. For the fourth quarter, total net revenue was $3.3 billion, an increase of 6.9% from the previous year. - Despite a slight 0.5% year-over-year decrease in its active customer base to 21.3 million, Wayfair saw increased spending from existing shoppers. The net revenue per active customer over the last twelve months rose by 5.6% to $586. - Wayfair's CEO, Niraj Shah, noted that the company's revenue growth occurred even as the home goods category contracted in the low single digits during the final quarter of the year, indicating a capture of market share. - Floor & Decor's full-year 2025 net sales increased by 5.1% to $4.68 billion. However, the company experienced a decline in comparable store sales of 1.8% for the full year and 4.8% for the fourth quarter. - Growth for Floor & Decor in 2025 was driven by the opening of 20 new warehouse stores, bringing its total to 270. The company's sales to "Pro" customers grew by 9% for the full year and accounted for approximately half of total sales. - Floor & Decor's CEO, Brad Paulsen, stated that the company expanded its market share despite pressure from softness in existing home sales activity. For 2026, the company projects net sales between $4.88 billion and $5.03 billion and comparable store sales to be in the range of a 2.0% decrease to a 1.0% increase. - The broader home decor market was projected to reach $716.53 billion in 2026, with key growth drivers including rising consumer interest in interior design and a shift toward eco-friendly materials. Meanwhile, the overall home remodeling market was expected to grow from $997.52 billion in 2025 to $1.04 trillion in 2026.