Key Points Revenue (GAAP) exceeded expectations at $3.3 billion, up 5.0% year over year. Adjusted Diluted EPS (Non-GAAP) was $0.87, beating the analyst estimate by $0.54 and up 85.1% year over year.

Wayfair (NYSE:W) shares are trading higher on Monday after reporting second-quarter results. The e-commerce company reported ...

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But on the bright side, net revenue per active customer over the last 12 months grew 1.3% to $545, and the average order value increased 4.4% to $310, which exceeded the FactSet consensus of $298.68.

Wayfair is focused on an inventory-light model, neither designing nor carrying the inventory that it sells (including private-label brands where Wayfair puts supplier products into one of its more ...