BUZZ-Furniture retailer Wayfair jumps after quarterly earnings beat

Reuters

昨天

BUZZ-Furniture retailer <a href="https://laohu8.com/S/W">Wayfair</a> jumps after quarterly earnings beat

** Shares of online furniture retailer Wayfair W.N up ~12% at $72.75 in premarket trading

** Posts Q2 net revenue of $3.27 billion, beating estimates of $3.12 billion, as per data compiled by LSEG

** Wayfair posts Q2 adjusted earnings per share of 87 cents vs analysts' estimate of 33 cents per share

** Year-over-year revenue growth of 6% - excluding the impact of (exit from) Germany - marks the highest growth rate we have seen since early 2021, CEO Niraj Shah says

** YTD, shares up about 47% through last close

(Reporting by Anshi Sancheti in Bengaluru)

((Anshi.Sancheti@thomsonreuters.com))

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