Wayfair Inc. returned to profit in the second quarter of 2025 as stronger sales and tighter cost controls delivered its best results since 2021. The online furniture retailer posted net income of $15 million, swinging from a $42 million loss a year earlier, and diluted earnings of $0.11 a share. Revenue rose 5% year on year to $3.3 billion, or 6% when excluding the company’s exit from the German market, beating the $3.12 billion consensus. Adjusted earnings per share came in at $0.87, more than double analyst expectations of $0.33. Adjusted EBITDA reached $205 million, a 6.3% margin, while gross profit totaled $984 million on a 30.1% gross margin. Management said pricing remained broadly steady from the first quarter and cited an uptick in items per order and overall order growth, with the higher-end segment outperforming the mass market. The better-than-expected results sent Wayfair shares up roughly 10% in pre-market trading.
$W TTN Summary Earnings Call: Prices have remained relatively consistent with the first quarter; Modest uptick in items per order and a step-up in order growth versus Q1; "The higher end market is stronger than mass, we have not seen any signs of pull forward" (Wayfair Inc)
Wayfair’s stock surges as a sales beat points to a recovery in the furniture market https://t.co/XQart5xSwz
$W (+10.4% pre) Wayfair Announces Second Quarter 2025 Results, Reports Highest Revenue Growth and Profitability Since 2021 https://t.co/IscSKVYnuO