Wayfair Q2 2021 Earnings Report
Key Takeaways
Wayfair reported a decrease in total net revenue to $3.9 billion, a 10.4% decrease year-over-year. The number of active customers reached 31.1 million, a 19.6% increase year-over-year. Net income was $130.4 million, and diluted earnings per share was $1.14.
Total net revenue decreased by 10.4% year-over-year to $3.9 billion.
U.S. net revenue decreased by 15.2% year-over-year to $3.1 billion.
International net revenue increased by 16.3% year-over-year to $0.8 billion.
The number of active customers increased by 19.6% year-over-year, reaching 31.1 million.
Wayfair
Wayfair
Wayfair Revenue by Segment
Wayfair Revenue by Geographic Location
Forward Guidance
The press release does not contain specific forward guidance. It contains forward-looking statements regarding investment plans, customer growth, future results, liquidity, business strategy, consumer behavior, e-commerce trends, technology developments, shipping costs, real estate plans and the impact of COVID-19.
Revenue & Expenses
Visualization of income flow from segment revenue to net income