Wayfair up after quarterly revenue, profit beat estimates

Wayfair

04/08/2026 15:59

** Shares of furniture retailer Wayfair W.N up as much as 34.3% at $119.98
** Stock set for best day since April 2020, if gains hold
** Co beats Q2 revenue and profit estimates helped by resilient demand for its products
** Posts quarterly revenue of $3.52 billion, vs. analysts' estimates of $3.47 billion - data compiled by LSEG
** Reports quarterly adjusted EPS of 95 cents, vs. expectations of 89 cents
** Reports 8.7% rise in U.S. net revenue at $3.13 billion
** Quarterly orders delivered increase 6% to $10.6 million; active customers rise 3.3% to $21.7 million
** "We saw the best sequential growth we've seen in a Q2 since the second quarter of 2020," says CEO Niraj Shah
** As of last close, stock up about ~14% YTD

(Reporting by Sanskriti Shekhar in Bengaluru )
((Sanskriti.Shekhar@thomsonreuters.com))