Wayfair Poised For Q2 Sales Beat On Strong Inventory, Vendor Promotions
1. Wayfair expects to surpass Q2 revenue estimates of $3.15 billion. 2. Bank of America raised EBITDA estimate to $153 million, exceeding consensus. 3. Online furniture spending indicators show slight improvement year-over-year. 4. Concerns about tariffs ease as Vietnam's trade deal affects supply chains. 5. Share price dipped 1.51% to $55.59 prior to earnings release.