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Wayfair revenue declined for the eighth consecutive quarter

Wayfair reported revenue, active customers, and orders were down for its fiscal first quarter ended March 31, 2023. Total net revenue decreased for the eighth consecutive quarter. Revenue was down 7.3% year over year to $2.8 billion. The majority of the revenue, $2.4 billion, is from U.S. sales, which were down 5% year over year. […]

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