Wayfair (NYSE:W) shares are trading higher on Monday after reporting second-quarter results.
The e-commerce company reported adjusted earnings per share of 87 cents, beating the street view of 32 cents. Quarterly sales of $3.27 billion (up by 5% year-over-year or Y/Y) outpaced the analyst consensus estimate of $3.12 billion.
Total net revenue, excluding the impact of our exit from the German market, grew 6.0% Y/Y.
Also Read: Wayfair Poised For Q2 Sales Beat On Strong Inventory, Vendor Promotions
U.S. net revenue rose 5.3% Y/Y to $2.9 billion.
International …