Warby Parker Q2 revenue $166.1M (+11% YoY), raises FY2023 outlook

Warby Parker Inc.

2023-Q2 EPS reported -$0.23 revenue$338,061,000

Net revenue $166.1M (+11% YoY); GAAP net loss improved $16.2M to $15.9M.
Adjusted EBITDA $14.2M (8.5% margin), up from $6.0M (4.0%) YoY.
Raised FY2023 revenue guidance to $655–664M (9.5–11% growth); adj. EBITDA ~$52M.
Opened 13 stores in Q2, ending with 217; on track for 40 new stores in 2023.
Active customers 2.28M (+1.2%); avg revenue per customer $277 (+9.2%).

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