secwatch.observer — SEC 8-K summary
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Issuer:     Warby Parker Inc. (WRBY)
CIK:        0001504776
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001504776-23-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Warby Parker Q4 adj. EBITDA turns positive; FY23 revenue guidance $645-660M
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- Q4 revenue $146.5M (+10.2% YoY); GAAP net loss $20.3M vs $46.0M loss in Q4 2021.
- Q4 adjusted EBITDA $8.6M (5.8% margin) vs -$6.4M loss in Q4 2021; FY22 adj. EBITDA $27.2M.
- Active customers 2.28M (+3.6% YoY); avg revenue per customer $263 (+6.9% YoY).
- FY23 guidance: revenue $645-660M (+8-10%); adj. EBITDA ~$51.5M (~7.9% margin); 40 new stores.
- Ended 2022 with $208.6M cash, 200 stores; contact lens revenue 7.2% of business (up from 4.3%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504776/000150477623000003/0001504776-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504776/000150477623000003/wrby-20230228.htm
  HTML page:      https://secwatch.observer/filing/0001504776-23-000003

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