Warby Parker (WRBY) Tops Q2 EPS by 1c

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Warby Parker (WRBY) Shares Surge Despite Cutting Full-Year Outlook

August 11, 2022 10:24 AM EDT

Warby Parker (NYSE: WRBY) shares jumped more than 29% to levels not seen since June in early Thursday trading after the company reported second-quarter earnings topping analysis expectations.

The online eyewear retailer reported a second-quarter loss of $0.01, $0.01 better than the analyst estimate for a loss of $0.02. Revenue for the quarter came in at $149.6 million versus the consensus estimate of $149.5 million. Revenue increased 13.7% during the quarter.

Furthermore, active customers increased 8.7% to 2.26 million, with the average... More