Can Wayfair Hold On to Its 5 Million New Customers?

Can Wayfair Hold On to Its 5 Million New Customers?

Wayfair (NYSE: W) recently announced blowout second-quarter results that paired strong sales growth with gushing profits and cash flow. Wayfair executives also broke down the main drivers behind the record growth quarter. Wayfair added $2 billion to its quarterly sales haul, translating into an 84% spike year over year.