secwatch.observer — SEC 8-K summary
======================================

Issuer:     Warby Parker Inc. (WRBY)
CIK:        0001504776
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001504776-25-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504776/000150477625000016/0001504776-25-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504776/000150477625000016/wrby-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001504776-25-000016

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