secwatch.observer — SEC 8-K summary
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Issuer:     Warby Parker Inc. (WRBY)
CIK:        0001504776
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001504776-22-000022
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Warby Parker Q3 revenue $148.8M (+8.3% YoY); net loss $23.8M; Adj. EBITDA $11.9M
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- Revenue $148.8M (+8.3% YoY); active customers 2.26M (+5.1% YoY); avg revenue per customer $258 (+6.8% YoY).
- GAAP net loss $23.8M, improved from $91M loss in Q3 2021; SG&A down $63.6M due to lower stock comp.
- Adjusted EBITDA $11.9M (8.0% margin); margin up 400 bps sequentially from Q2 2022.
- Contact lens revenue grew nearly 50% YoY; opened 13 new stores, total 190.
- Full year 2022 guidance: net revenue $590-596M, Adj. EBITDA $25-27M, 40 new stores.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504776/000150477622000022/0001504776-22-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504776/000150477622000022/wrby-20221110.htm
  HTML page:      https://secwatch.observer/filing/0001504776-22-000022

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