Warby Parker Inc Stock Price, News & Analysis

Warby Parker Inc. (NYSE: WRBY) announced it will release its third-quarter 2022 financial results on November 10, 2022, before market open. The company will hold a live conference call at 8:00 a.m. Eastern Time to discuss the results and business outlook, accessible via phone and webcast. Warby Parker, founded in 2010, focuses on providing affordable vision solutions, offering designer-quality prescription glasses and eye exams. The brand has distributed over 10 million glasses through its Buy a Pair, Give a Pair program, reinforcing its commitment to vision for all.

Warby Parker (NYSE: WRBY) will present at the Goldman Sachs 29th Annual Global Retailing Conference on September 8, 2022, at 1:00 p.m. Eastern Time. The presentation will be available via a live webcast, with an archive accessible for 90 days post-event. Founded in 2010, Warby Parker is a direct-to-consumer lifestyle brand focused on affordable vision solutions, including prescription glasses and eye exams, available both online and through over 175 retail locations in the U.S. and Canada. The brand also emphasizes social responsibility through its 'Buy a Pair, Give a Pair' program, distributing over 10 million glasses to those in need.

Warby Parker reported a 13.7% increase in net revenue to $149.6 million for Q2 2022, alongside an 8.7% rise in active customers to 2.26 million. Average revenue per customer grew by 8.2% to $254. However, the company faced a net loss of $32.2 million, with an adjusted EBITDA of $5.9 million and a margin of 4.0%. Gross profit increased 10.6% to $86.3 million, though gross margin decreased to 57.7%. Warby Parker is revising its 2022 outlook to $584-$595 million in revenue, anticipating 40 new store openings.

Warby Parker Inc. (NYSE: WRBY) announced its second-quarter 2022 financial results will be released on August 11, 2022, before market opening. A live conference call will follow at 8:00 a.m. ET, accessible via phone and webcast. The call will include a discussion on the company's business outlook. Warby Parker, founded in 2010, aims to make quality vision care accessible, selling glasses from $95 while promoting a social mission of distributing glasses to those in need through its Buy a Pair, Give a Pair program.

Warby Parker Inc. (NYSE: WRBY) will present at the Cowen 6th Annual Future of the Consumer Conference on May 25, 2022, at 8:00 a.m. Eastern Time. The live presentation will be accessible online, with an archived version available for 90 days. Founded in 2010, Warby Parker aims to provide affordable designer-quality vision products, including glasses and contacts, while supporting their Buy a Pair, Give a Pair initiative, which has distributed over 10 million glasses to those in need. The company operates more than 160 retail stores across the U.S. and Canada.

Warby Parker reported a 10.3% revenue increase to $153.2 million for Q1 2022, with active customers rising 18.0% to 2.23 million. Despite these gains, the company faced a $34.1 million net loss, with SG&A expenses increasing significantly due to stock-based compensation and operational costs. The gross profit margin decreased to 58.5% primarily due to a higher proportion of contact lens sales. Warby Parker expects 2022 revenue between $650 million and $660 million, with continued expansion through 40 new store openings.

Warby Parker Inc. (NYSE: WRBY) will release its Q1 2022 financial results before market open on May 16, 2022. A live conference call discussing these results will occur at 8:00 a.m. Eastern Time, accessible via phone at 844-200-6205 (U.S.) or 929-526-1599 (international). The conference can also be streamed on the company's investor website, where presentation materials will be available. Warby Parker, founded in 2010, offers affordable vision products and has distributed over 10 million glasses through its charitable programs.

Warby Parker Inc. (NYSE: WRBY) released its 2021 Impact Report, showcasing its achievements as the first public benefit corporation to go public via direct listing. Key highlights include the launch of the Warby Parker Impact Foundation, distribution of over 10 million pairs of glasses globally, and expansion of the Pupils Project to assist students in 70+ U.S. school districts. The report underscores the company's commitment to transparency, sustainability, inclusion, and equitable access to vision care.

Warby Parker reported a 37% revenue increase to $540.8 million in 2021, with active customers rising 22% to 2.20 million. Despite challenges from the Omicron variant, Q4 revenue grew 18% year-over-year to $132.9 million. The company opened 35 new stores in 2021, totaling 161 stores. However, a full-year net loss of $144.3 million marked a significant increase. They expect 2022 revenue between $650 million and $660 million, reflecting a growth of 20%-22% despite an estimated $15 million loss from Omicron disruptions.