secwatch.observer — SEC 8-K summary
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Issuer:     Warby Parker Inc. (WRBY)
CIK:        0001504776
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001504776-24-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Warby Parker Q3 revenue up 13.3% to $192.4M; raises FY 2024 outlook
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- Net revenue $192.4M (+13.3% YoY); Active Customers 2.43M (+5.6%); ARPU $305 (+7.5%).
- GAAP net loss improved to $4.1M from $17.4M a year ago; Adjusted EBITDA $17.3M (9.0% margin, +2.5 pts).
- Opened 13 net new stores in Q3, ending with 269; on track for 40 new stores in FY 2024.
- Raised FY 2024 revenue guidance to $765-768M (14-15% growth) and Adjusted EBITDA ~$73M (9.5% margin).
- Free cash flow $13.1M; cash and equivalents $251.0M at quarter-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504776/000150477624000022/0001504776-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504776/000150477624000022/wrby-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001504776-24-000022

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