secwatch.observer — SEC 8-K summary
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Issuer:     Warby Parker Inc. (WRBY)
CIK:        0001504776
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001504776-22-000016
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Warby Parker Q2 revenue +13.7% to $149.6M; net loss widens to $32.2M; guidance revised
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- Revenue $149.6M, +13.7% YoY; active customers 2.26M (+8.7%); average revenue per customer $254 (+8.2%).
- GAAP net loss $32.2M, up from $10.3M a year ago; adjusted EBITDA $5.9M, down $4.9M YoY; margin 4.0%.
- Gross margin 57.7%, down 160 bps due to contact lens penetration, store occupancy, and optometrist costs.
- Full-year 2022 guidance: revenue $584-595M (8-10% growth), adjusted EBITDA margin ~3.8-4.4% ($22-26M), 40 new stores.
- Cash $211.6M; contact lens revenue more than doubled; NPS 80.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504776/000150477622000016/0001504776-22-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504776/000150477622000016/wrby-20220811.htm
  HTML page:      https://secwatch.observer/filing/0001504776-22-000016

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