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flag Wayfair Inc. reported a Q3 profit of 22 cents per share, but sales fell 2% and customers declined.

flag Wayfair Inc. reported a third-quarter adjusted profit of 22 cents per share, exceeding analysts' expectations. flag However, sales fell 2% to $2.884 billion, and the active customer base declined by 2.7%. flag The company narrowed its net loss significantly year-over-year and reduced operating expenses. flag CEO Niraj Shah emphasized initiatives like the new Wayfair Rewards program to enhance customer loyalty. flag The company plans layoffs, closing a returns center and outlet by 2025.

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