Wayfair Q2 net loss narrows to $46M; positive adjusted EBITDA $128M, orders grow 3% YoY

Wayfair Inc.

2023-Q2 EPS reported -$3.60 revenue$5,945,000,000

Net revenue $3.2B (-3.4% YoY); U.S. revenue $2.8B (-0.4%), International $386M (-20.9%).
GAAP diluted EPS -$0.41; Non-GAAP adjusted diluted EPS $0.21; Adj. EBITDA $128M.
Active customers 21.8M (-7.6% YoY); LTM revenue per active customer $545 (+1.5%).
Orders delivered 10.3M (+3.0% YoY); repeat orders 80.1% of total, up from 78.6%.
Free cash flow $128M; cash & equivalents $1.3B, total liquidity $1.8B.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Wayfair Inc. reported the quarter ended June 30, 2023 results: revenue $3.2 billion, net income Net loss was $46 million, EPS Diluted loss per share was $0.41.

Period: the quarter ended June 30, 2023
Revenue: $3.2 billion
Net income: Net loss was $46 million
EPS: Diluted loss per share was $0.41
Result: reported results

Exact text from the filing

EX-99.1 (EX-99.1) --- Wayfair Announces Second Quarter 2023 Results Returns to Positive Year-Over-Year Order Growth While Hitting Key Profitability Milestone Q2 Net Revenue of $3.2 billion with 21.8 million Active Customers Q2 results showed further market share gains driven by strong order momentum BOSTON, MA — August 3, 2023 — Wayfair Inc. (“Wayfair,” “we,” or

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Source: SEC EDGAR

accession 0001616707-23-000094

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