secwatch.observer — SEC 8-K summary
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Issuer:     Warby Parker Inc. (WRBY)
CIK:        0001504776
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001504776-26-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Warby Parker Q1 revenue $242.4M (+8.3% YoY), net income $3.2M; reaffirms FY2026 guidance
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- Revenue $242.4M (+8.3% YoY); active customers 2.69M (+4.8%); ARPU $331 (+6.9%).
- Net income $3.2M; adjusted EBITDA $29.6M (12.2% margin); free cash flow $8.4M.
- Gross margin 54.0% (down 230 bps YoY) due to tariffs, occupancy, doctor costs; partially offset by price increases and lens mix.
- Reaffirmed FY2026 guidance: revenue $959-976M (~10-12% growth), adjusted EBITDA $117-119M, 50 new stores.
- Opened 14 net new stores in Q1; total 337 stores; 25M pairs distributed via Buy a Pair, Give a Pair.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504776/000150477626000009/0001504776-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504776/000150477626000009/wrby-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001504776-26-000009

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