Warby Parker issues Q3/FY21/FY22 guidance; expects 25%+ revenue growth in FY22

Warby Parker Inc.

Q3 2021 revenue guidance $131M-$133M (26-28% YoY); Adj. EBITDA margin ~4-5%.
FY2021 revenue guidance $532M-$537M (35-36% YoY); Adj. EBITDA margin ~4-5%.
FY2022 revenue growth at least 25% vs FY2021; margin improvement of 1-2 ppt.
H1 2021 actual: revenue $270.5M (+53% vs 2020); Adj. EBITDA $20.1M; active customers 2.1M.
As of Sept 21, 2021: 111.4M shares outstanding; fully diluted 124.5M shares.

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