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The number in focus from Wayfair's second-quarter results: U.S. growth at its strongest rate since 2020.
That print ends a multiyear stretch of deceleration that set in after lockdown orders lifted and the pandemic's home-furnishing demand unwound. The full earnings filing is the next milestone on the calendar.
The setup: from lockdown darling to growth drought Wayfair built its reputation during the lockdown years as a direct beneficiary of shelter-in-place spending.
Consumers confined at home spent on furniture and home goods, and Wayfair captured a significant share of that demand. The stock earned its pandemic-darling label for a reason.
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