Do not want to be Wayfair right now.
- Net cash flows used in operating activities was $431 million and Non-GAAP Free Cash Flow was $(538) million
Orders delivered in the third quarter of 2022 were 8.7 million, a decrease of 20.9% year over year
- Cash, cash equivalents and short-term investments totaled $1.3 billion
$1.3B of cash left and losing $538M in free cash a quarter. Now what?