Overview
- Wayfair reported adjusted earnings per share of $0.87, topping the $0.32 consensus estimate.
- Second-quarter net revenue rose 5% year-over-year to $3.27 billion, surpassing the $3.12 billion estimate and marking a 6% gain excluding Germany.
- The company swung to a $15 million net income, reversing a $42 million loss in Q2 2024.
- Adjusted EBITDA climbed to $205 million with a 6.3% margin, up from $163 million and 5.2% a year ago.
- Shares reached a 52-week high near $73.79, closing up about 12.7%, as CEO Niraj Shah forecast continued growth momentum.