Warby Parker reported second-quarter revenue of $235.5 million, missing analyst estimates of $237.8 million, while adjusted EPS of $0.15 beat expectations of $0.11. The company reconfirmed full-year revenue guidance of $967.5 million at the midpoint but set EBITDA guidance of $118 million, below analyst estimates of $121 million. Active customers rose to 2.71 million, up 110,000 year over year, and store count reached 352, up from 298 a year earlier. Management attributed softer store traffic to industry headwinds but highlighted strong conversion rates and record average order values. Analysts questioned executives about traffic softness, the upcoming Intelligent Eyewear launch, Target shop-in-shops, tariff refunds, and insurance penetration.
Warby Parker IncRevenue miss and lower EBITDA guidance offset by EPS beat and reaffirmed revenue guidance.
