Wayfair Swings to Loss on Lower International Sales, Despite U.S. Growth
Dow Jones2026/08/04 11:17By Katherine Hamilton
Wayfair had a mixed second quarter, as its U.S. business grew while international sales fell.
The furniture company on Tuesday swung to a loss of $1 million, or 1 cent a share, from a profit of $15 million, or 11 cents a share, a year earlier.
Stripping out certain one-time items, adjusted per-share earnings were 95 cents, ahead of the 90 cents anticipated by analysts, according to FactSet.
Revenue rose 7.5% to $3.52 billion. Analysts surveyed by FactSet had forecast revenue of $3.47 billion.
U.S sales were up 9%, while international revenue fell 1%. Orders gained momentum, climbing 6% during the period, Chief Executive Niraj Shah said. Active customers increased 3%, with a higher average order value.
"We are excited to see ramping growth in the Wayfair business and complementing that with outsized growth from our specialty and luxury brands," he said.
Shares were down 1.9% at $91.00 in pre-market trading.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
August 04, 2026 07:17 ET (11:17 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Aardvark Therapeutics CFO and COO Sun Nelson disposes of USD 395,790.45 in common shares
Sequoia Logística publishes update to financial calendar
Rainmaker Worldwide says Viva Industries files initial beneficial ownership statement
37 Capital raises $300,000 in private placement at $0.10 per unit