Wayfair Sees Very Strong US Growth in Second Quarter

Wayfair indicated its strongest U.S. growth since the pandemic era as it closed out its Q2 with a bang. Sales improved stateside by 8.7% to $3.1 billion, with free cash flow hitting $301 million. “We are excited to see ramping growth in the Wayfair business and complementing that with outsized growth from our specialty and luxury brands, all building to why we expect to see even further acceleration as our numerous initiatives play out,” CEO Niraj Shah said (more).