Shares of Wayfair (W) plummeted 5.46% in pre-market trading on Thursday, following the online furniture retailer's disappointing fourth-quarter earnings report.

Wayfair reported an adjusted loss per share of $0.25 for Q4 2024, missing analysts' consensus estimate of a $0.02 loss. The company's revenue of $3.1 billion managed to beat expectations of $3.065 billion, but it wasn't enough to offset the earnings miss.

The lackluster earnings performance weighed heavily on Wayfair's stock price, as investors reacted negatively to the wider-than-expected loss. The pre-market sell-off suggests concerns about Wayfair's profitability and growth prospects, despite the top-line beat.