MW Wayfair's stock surges as a sales beat points to a recovery in the furniture market

By James Rogers

Shares of Wayfair were rallying toward a more than one-year high as both profit and revenue rose above expectations

Shares of Wayfair Inc. were climbing toward a two-year high in early trading Monday, after the furniture and home-goods e-commerce company's second-quarter results topped Wall Street's estimates amid accelerating sales.

The results could point to a recovery in the furniture market, which has previously felt the impact of a depressed housing market and consumers opting to spend their cash on essentials.

In a statement, Wayfair (W) said that the results marked the company's highest revenue growth and profitability since 2021. Wayfair Chief Executive Niraj Shah described the second quarter as "a resounding success," and highlighted accelerating sales and share gains, as well as expanding profitability.

Set against this backdrop, Wayfair's stock charged 11.2% in premarket trading, putting it on track to open around the highest prices seen since May 2024.

For the quarter ended June 30, revenue rose 5% to $3.3 billion, above the FactSet consensus estimate of $3.1 billion.

The Boston-based company earned an adjusted 87 cents a share, up from 47 cents a share in the prior year's quarter. Analysts surveyed by FactSet were looking for adjusted earnings of 33 cents a share. The results mark Wayfair's second straight adjusted earnings beat.

Net income was $15 million, or 11 cents a share, after a loss of $42 million, or 34 cents a share, in the prior year's quarter.

Active customers, however, totaled 21 million, a decrease of 4.5% from the same period last year, although this reflects the company's exit from its German business.

Wayfair's average order value in the second quarter was $328, up from $313 in the prior year's quarter.

The company's shares have risen 47.2% in 2025 through Friday, outpacing the S&P 500 index's SPX gain of 6.1%.

-James Rogers

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August 04, 2025 08:28 ET (12:28 GMT)

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