Warby Parker Q1 revenue up 12% to $224M; first GAAP profitable quarter as public company

Warby Parker Inc.

2025-Q1 EPS reported $0.03 revenue$223,782,000

Net revenue $223.8M (+12% YoY); Active Customers 2.57M (+8.7%); Average Revenue per Customer $310 (+4.8%).
GAAP net income $3.5M (first positive quarter as public company); Adjusted EBITDA $29.2M (13.1% margin).
Opened 11 net new stores in Q1, ending with 287; 45 new stores planned for FY2025 including 5 Target shop-in-shops.
Full year 2025 guidance: revenue $869-886M (13-15% growth); Adjusted EBITDA $91-97M.

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