Wayfair A

Wayfair reported its strongest quarter of sales growth since the pandemic with total revenue up 9.7% year over year to $3.42 billion and U.S. revenue rising about 11.4% to roughly $3 billion. Adjusted EPS beat expectations at $0.93 versus $0.79 expected and the company swung to net income of $62 million from a loss a year earlier. Active customers grew 4.7% to 22.2 million and orders delivered rose 12.2% as Wayfair said it is taking market share in a sluggish housing market, driven by store openings, loyalty, value and its luxury segment. International revenue declined 2.3% to $380 million and the company plans to maintain promotional activity into the holiday season. » More on cnbc.com

At the Goldman Sachs conference, Wayfair presented a growth strategy focused on company-specific measures such as technology modernization, store expansion, AI applications and an expanded logistics network. Management expects accelerated revenue growth, improved margins and long-term organic growth of 10–20%, independent of a recovery in the housing market. Free cash flow per share remains a central metric; investments in stores and logistics are to be largely funded from operating cash flow. » More on de.investing.com

Wayfair reported 7.5% year‑over‑year revenue growth in Q2, led by an 8.7% increase in U.S. sales, orders up 6% and active customers up over 3%. Adjusted EBITDA was $242 million (6.9% margin) and free cash flow rose to $301 million, enabling the company to redeem 2028 convertible debt after issuing a $400 million note. Luxury platform Perigold grew over 35% and specialty brands nearly 20%. Management sees continued market‑share gains and forecasts high‑single‑digit revenue growth in Q3 while planning opportunistic share repurchases to offset stock‑based compensation dilution. » More on finance.yahoo.com