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Wayfair Q2 revenue rises 7.5% as Perigold grows over 35%

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Sig1.85Sen+3.55Env0.00Soc0.00Gov0.00

Wayfair reported Q2 revenue up 7.5% year over year to $3.5 billion, beating its mid-single-digit growth outlook amid housing-market uncertainty. Results were supported by higher-income shoppers and strong momentum in orders, which grew 6% annually and more than 12% sequentially. Perigold revenue rose over 35%, active customers reached 21.7 million, and the U.S. segment revenue grew nearly 9%.

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