Wayfair Inc. reported total net revenue declined 3.4% in the second quarter ended June 30, totaling $3.2 billion. The online furniture retailer reported nearly no change in U.S. revenue year over year, with a decline of just 0.4% to $2.8 billion. That was 15.3% higher than in Q1. Merchandise costs fell 8.4%, keeping losses to […]
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