secwatch.observer — SEC 8-K summary
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Issuer:     Warby Parker Inc. (WRBY)
CIK:        0001504776
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001504776-24-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Warby Parker Q2 revenue +13.3% to $188.2M; net loss narrows; raises FY guidance
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- Revenue $188.2M (+13.3% YoY); Active Customers up 4.5% to 2.39M; ARPU +8.8% to $302.
- Gross margin improved 1.4 pts to 56.0%; GAAP net loss narrowed to $6.8M from $16.0M.
- Adjusted EBITDA $19.6M (10.4% margin, +1.9 pts); Free Cash Flow $14.0M.
- Raised FY2024 guidance: revenue $757-762M (13-14% growth); Adj EBITDA ~$72.5M midpt.
- Opened 11 net new stores in Q2; total 256 stores; on track for 40 new stores in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504776/000150477624000016/0001504776-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504776/000150477624000016/wrby-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001504776-24-000016

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