Wayfair (NYSE: W) reported Q1 EPS of $1.00, $0.79 better than the analyst estimate of $0.21. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.37 billion.

Other First Quarter Highlights

• The number of active customers reached 33.2 million as of March 31, 2021, an increase of 57.3% year over year
• LTM net revenue per active customer was $461 as of March 31, 2021, an increase of 2.7% year over year
• Orders per customer, measured as LTM orders divided by active customers, was 1.98 for the first quarter of 2021, compared to 1.86 for the first quarter of 2020
• Repeat customers placed 74.5% of total orders in the first quarter of 2021, compared to 69.8% in the first quarter of 2020
• Repeat customers placed 10.9 million orders in the first quarter of 2021, an increase of 58.9% year over year
• Orders delivered in the first quarter of 2021 were 14.7 million, an increase of 48.8% year over year
• Average order value was $237 for the first quarter of 2021, compared to $235 for the first quarter of 2020
• In the first quarter of 2021, 60.0% of total orders delivered were placed via a mobile device, compared to 54.8% in the first quarter of 2020

For earnings history and earnings-related data on Wayfair (W) click here.