Wayfair's Q2 2022 earnings revealed a decrease in total net revenue by 14.9% year over year, reaching $3.3 billion. The company experienced a net loss of $378 million, with a diluted loss per share of $3.59. Active customers decreased by 24.1% year over year, while LTM net revenue per active customer increased by 12.3%.
Total net revenue decreased by 14.9% year over year to $3.3 billion.
U.S. net revenue decreased by 9.7% year over year to $2.8 billion.
International net revenue decreased by 35.7% year over year to $0.5 billion.
Active customers decreased by 24.1% year over year, reaching 23.6 million.
Wayfair did not provide specific forward guidance in this earnings report.
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