secwatch.observer — SEC 8-K summary
======================================

Issuer:     Warby Parker Inc. (WRBY)
CIK:        0001504776
Form:       8-K
Filed at:   2022-03-17T23:59:59+00:00
Accession:  0001504776-22-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Warby Parker Q4/FY2021 revenue up 37% to $540.8M; 2022 guidance 20-22% growth
-----------------------------------------------------------------------------

- FY2021 revenue $540.8M (+37.4% YoY); Q4 revenue $132.9M (+17.8% YoY), hurt by Omicron.
- Active customers 2.20M (+21.5% YoY); average revenue per customer $246 (+13.0%).
- GAAP net loss $144.3M for FY2021; adjusted EBITDA $24.9M (margin 4.6%, +270bps YoY).
- Q4 GAAP net loss $45.9M; adjusted EBITDA $(6.4)M; SG&A up on stock-based comp and marketing.
- 2022 outlook: revenue $650-660M, adj EBITDA margin 5.6-6.6%, 40 new stores.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504776/000150477622000005/0001504776-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504776/000150477622000005/wrby-20220317.htm
  HTML page:      https://secwatch.observer/filing/0001504776-22-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer