Wayfair Inc Class A

W: XNYS (USA)
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Wayfair Earnings: Potential for Faster Sales Growth Sends Shares Higher, but We Remain More Cautious

Wayfair's second-quarter sales rose 7.5% on order delivery growth of 6% (to 10.6 million) and average order growth of more than 1% (to $332). Its adjusted EBITDA margin of 6.9% (up 60 basis points) was the highest in five years, as the firm tightly managed its fixed costs.

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