11:22 AM EDT, 07/21/2025 (MT Newswires) -- Wayfair's ( W ) Q2 sales are expected to top Wall Street estimates on higher demand in the home furnishing and decor sector, improved inventory availability and vendor-financed promotions, BofA Securities said Monday in a report.

Sales in Q2 may reach $3.15 billion versus the consensus estimate of $3.12 billion, the report said. Consumer spending declined 0.8% from a year earlier, compared with the 1.6% drop in Q1, credit card data show, according the BofA.

"Improving trends could reflect a pull-forward in demand and increased promotional spend, in our view, but potentially come at the expense of industry sales later in the year," the report said.

Supply remains "healthy" as US tariff concerns "seem to be abating following Vietnam's trade deal," BofA said.

BofA Securities maintained Wayfair's ( W ) stock rating at neutral with a $60 price target.

Wayfair's ( W ) Q2 results are expected Aug. 4.

The company's shares fell 1.3% in recent Monday trading.

Price: 55.70, Change: -0.74, Percent Change: -1.31