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Wayfair Q2 Profit and Revenue Beats Drive Shares to Record High

The home furnishings retailer swung to a $15 million profit by delivering its fastest ex-Germany revenue growth since early 2021

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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.