Welcome to our dedicated page for Warby Parker news (Ticker: WRBY), a resource for investors and traders seeking the latest updates and insights on Warby Parker stock.
Warby Parker Inc. (NYSE: WRBY) is a co-founder-led lifestyle brand focused on vision for all, with a business that spans eyewear products, optical services, and vision technologies. This news page aggregates company announcements, press releases, and market updates related to WRBY, giving readers a single place to review the latest information directly tied to the brand’s operations and strategy.
According to its public communications, Warby Parker regularly issues news on quarterly financial results, including metrics such as net revenue, Active Customers, Average Revenue per Customer, margins, cash flows, and non-GAAP measures like Adjusted EBITDA and Free Cash Flow. These releases are often accompanied by details on store openings, changes in leadership roles, and updates to its guidance for the year.
Readers can also expect news about Warby Parker’s participation in investor conferences hosted by firms such as Morgan Stanley, Goldman Sachs, and Baird, where the company discusses its consumer, retail, and technology positioning. Announcements have highlighted milestones such as opening its 300th store, expanding its footprint across the U.S. and Canada, and developments in its omnichannel model.
Another key theme in Warby Parker’s news flow is technology and partnerships. The company has announced a partnership with Google to develop AI-powered glasses intended for all-day wear and has discussed AI-driven tools that personalize recommendations and support the shopping experience. In addition, Warby Parker issues updates related to its social impact programs, including progress in its Buy a Pair, Give a Pair initiative and the number of glasses distributed to people in need through nonprofit partners.
Investors, analysts, and customers can use this page to follow WRBY news related to financial performance, AI and intelligent eyewear initiatives, retail expansion, leadership changes, and the company’s ongoing vision-for-all mission.
Warby Parker reported a 10.6% increase in net revenue for 2022, totaling $598.1 million, driven by a growing customer base and expanded services. Active customers rose by 3.6% to 2.28 million, and average revenue per customer increased by 6.9% to $263.
The company achieved a Q4 adjusted EBITDA of $8.6 million, up significantly from the previous year. However, a GAAP net loss of $20.3 million was reported, although it marked an improvement from the prior year's loss.
Looking ahead, Warby Parker anticipates a 2023 revenue guidance of $645 to $660 million, with plans to open 40 new stores.
Warby Parker (NYSE: WRBY) has announced that it will release its financial results for the fourth quarter and full year ended December 31, 2022, before market open on February 28, 2023. A live conference call and webcast will follow at 8:00 a.m. Eastern Time, accessible via phone or online. The company, founded in 2010, focuses on providing affordable vision solutions, including prescription glasses and contacts. Warby Parker operates over 190 retail stores across the U.S. and Canada and is committed to giving back through its Buy a Pair, Give a Pair program, distributing over 10 million glasses to those in need.
Warby Parker Inc. (NYSE: WRBY) will present at the Morgan Stanley Global Consumer & Retail Conference on December 6, 2022, at 4:00 p.m. ET. The presentation will be available via webcast, with an archive accessible for 90 days post-event. Founded in 2010, Warby Parker aims to provide affordable vision solutions and has distributed over 10 million glasses through its Buy a Pair, Give a Pair program. Their products include designer-quality prescription glasses starting at $95, offered online and in over 190 U.S. and Canadian retail stores.
Warby Parker reported Q3 2022 revenue growth of 8.3% to $148.8 million with active customers increasing 5.1% to 2.26 million. The company opened 13 new stores, reaching a total of 190 locations. Despite a net loss of $23.8 million, adjusted EBITDA improved to $11.9 million, reflecting a 400 basis points increase from Q2 2022. The outlook for 2022 sees net revenue projected at $590 to $596 million and plans for 40 new store openings by year-end.
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.
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