Warby Parker Inc. (WRBY) PT Raised to $15 at UBS

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Warby Parker Announces First Quarter 2024 Results

May 9, 2024 6:45 AM EDT

Net revenue increased 16.3% year over year to $200.0 million; Company raises outlook

Average Revenue per Customer increased 9.6% year over year to $296

NEW YORK--(BUSINESS WIRE)-- Warby Parker Inc. (NYSE: WRBY) (Warby Parker or the Company), a direct-to-consumer lifestyle brand focused on vision for all, today announced financial results for the first quarter ended March 31, 2024.

We entered 2024 with higher ambitions for delivering on our key metrics and are proud of what the team accomplished in Q1we drove our highest revenue quarter growth since 2021, up 16.3% year over year, while making significant progress... More