Warby Parker Q2 Revenue Misses Slightly, Reaffirms 2026 Outlook
WRBY sits 87% above its 52-week low of $14.96.
Summary
Warby Parker's Q2 revenue rose 9.8% to $235.5M, slightly missing the $237.75M consensus. Net income swung to a profit of $4.6M, boosted by an $11.8M tariff refund that padded margins. Active customers grew 4.1% and average revenue per customer climbed 6.6%, indicating underlying demand strength. Management reaffirmed full-year guidance of $959M-$976M in revenue and $117M-$119M in adjusted EBITDA, excluding any contribution from the upcoming Intelligent Eyewear launch. Higher SG&A from retail compensation and tech investments ahead of that launch pressured costs.
At the time of this announcement, WRBY was trading at $27.91 on NYSE in the Trade & Services sector, with a market capitalization of approximately $3.6B. The 52-week trading range was $14.96 to $31.00. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Reuters.