11:59 AM EDT, 08/04/2025 (MT Newswires) -- Wayfair's ( W ) shares surged intraday Monday after the online furniture and home goods retailer reported a surprise increase in second-quarter earnings as revenue came in stronger than expected.

Adjusted earnings per share rose to $0.87 for the June quarter from $0.47 a year earlier, defying the average analyst estimate on FactSet that called for a drop to $0.33. Revenue increased 5% to $3.27 billion, ahead of the $3.13 billion consensus.

"The second quarter was a resounding success, defined by accelerating sales and share gain, in tandem with expanding profitability," Chief Executive Niraj Shah said in a statement.

The stock was up 11% in Monday trade, taking its year-to-date gains to 64%.

US revenue rose 5.3% year over year to $2.87 billion, while international sales grew 3.1% to $399 million.

"We are seeing encouraging momentum in direct traffic," Chief Financial Officer Kate Gulliver said at an earnings call, according to a FactSet transcript.

For the ongoing quarter, the company expects sales growth in the low- to mid-single digits, according to Gulliver, who said quarter-to-date trends were tracking up in the mid-single digits. The outlook includes about 100 basis points of drag from the company's pullout from Germany earlier this year, she said.

Price: 72.52, Change: +7.30, Percent Change: +11.19