secwatch / observer

Warby Parker Inc. — fact timeline

Source-grounded facts extracted from Warby Parker Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

WRBY Warby Parker Inc. JSON
Shareholder Votes

Warby Parker Inc. shareholders approved Approval, on an advisory (non-binding) basis, of the compensation of our named executive officers. at the 2026-06-08 meeting.

“The compensation of the Company’s named executive officers was approved on an advisory (non-binding) basis.”
Shareholder Votes

Warby Parker Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. at the 2026-06-08 meeting.

“The stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Shareholder Votes

Warby Parker Inc. shareholders approved Election of three Class II directors for a term expiring at the 2029 annual meeting. at the 2026-06-08 meeting.

“The stockholders elected each of the three persons named below as Class II directors to serve until the 2029 annual meeting of stockholders or until their successors are duly elected and qualified.”
Earnings Releases

Warby Parker Inc. updated its the first quarter ended March 31, 2026 guidance (reaffirmed).

“On May 7, 2026, Warby Parker Inc. (the “ Company ”) issued a press release announcing the Company’s financial results for the first quarter ended March 31, 2026.”

Gabrielle Sulzberger resigned as member of the Board at Warby Parker Inc..

“On October 1, 2024, Gabrielle Sulzberger notified the board of directors (the “ Board ”) of Warby Parker Inc. (the “ Company ”) of her intention to resign as a member of the Board, effective on October 18, 2024”

Bradley Singer was appointed as Class I Director at Warby Parker Inc..

“appointed Bradley Singer to fill the newly created vacancy as a Class I director, effective immediately.”
Earnings Releases

Warby Parker Inc. reported the first quarter ended March 31, 2024 results: revenue $200.0 million, net income GAAP net loss of $2.7 million. Guidance raised.

“• Net revenue increased $28.0 million, or 16.3%, to $200.0 million, as compared to the prior year period. • GAAP net loss of $2.7 million.”
Earnings Releases

Warby Parker Inc. reported fourth quarter and full year ended December 31, 2023 results: revenue $669.8 million. Guidance reaffirmed.

“forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Warby Parker Announces Fourth Quarter and Full Year 2023 Results 2023 net revenue increased 12.0% to $669.8 million Average revenue per customer increased 9.3% year over year to $287 Expanded relationship with Versant Health, Inc. will nearly double lives with in-network access to >34 million”
Debt Financings

Warby Parker Inc. incurred revolving credit of up to $120,000,000 with JPMorgan Chase Bank, N.A., as Administrative Agent at adjusted SOFR (as defined in the Credit Agreement), plus an applicable margin of maturing February 21, 2029.

“The Credit Agreement provides for a revolving credit facility with borrowing capacity up to $120,000,000 at any time outstanding.”
Material Agreements

Warby Parker Inc. terminated Prior Credit Agreement with Comerica Bank valued at Terminated prior credit agreement dated September 30, 2022; no outstanding borrowings except $4.3 mi (effective 2024-02-21).

“On February 21, 2024, in connection with entry into the Credit Agreement described in Item 1.01, the Borrowers terminated their prior Credit Agreement, dated September 30, 2022 (as amended, the “Prior Credit Agreement”), with the lenders from time-to-time party thereto and Comerica Bank, as Administrative Agent, Sole Lead Arranger and Sole Bookrunner.”
Material Agreements

Warby Parker Inc. entered into Credit Agreement with JPMorgan Chase Bank, N.A. valued at Revolving credit facility with borrowing capacity up to $120,000,000, expandable by $55,000,000 to $ (effective 2024-02-21).

“On February 21, 2024, Warby Parker Inc. (the “Company”), a Delaware public benefit corporation, and Warby Parker Retail, Inc., a Delaware corporation and wholly-owned subsidiary of the Company (together, the “Borrowers”), entered into a Credit Agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., Citibank, N.A., the other lenders from time to time party thereto, and JPMorgan Chase Bank, N.A., as Administrative Agent (the “Agent”).”
Earnings Releases

Warby Parker Inc. reported third quarter ended September 30, 2023 results: revenue $169.8 million, net income GAAP net loss of $17.4 million. Guidance raised.

“Net revenue increased $21.1 million, or 14.2%, to $169.8 million.”
Shareholder Votes

Warby Parker Inc. shareholders approved Approval, on an advisory (non-binding) basis, of the frequency of future advisory votes on the compensation of our named executive officers at the 2023-06-08 meeting.

“The stockholders’ preferred frequency of future advisory votes on the compensation of the Company’s named executive officers was “one year.” The results of such vote were: Votes for One Year Votes for Two Years Votes for Three Years Votes Abstained Broker Non-Votes 268,637,177 208,010 85,082 6,843 12,139,300”
Shareholder Votes

Warby Parker Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-06-08 meeting.

“The stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The results of such vote were: Votes FOR Votes AGAINST Votes ABSTAINED Broker Non- Votes 281,015,593 29,792 31,027 0”
Shareholder Votes

Warby Parker Inc. shareholders approved Election of three Class II directors for a term of office expiring on the date of the annual meeting of stockholders in 2026 at the 2023-06-08 meeting.

“The stockholders elected each of the three persons named below as Class II directors to serve until the 2026 annual meeting of stockholders and until their respective successors are duly elected and qualified. The results of such vote were: Votes FOR Votes WITHHELD Broker Non-Votes Dave Gilboa 265,807,689 3,129,423 12,139,300 Youngme Moon 259,759,795 9,177,317 12,139,300 Ronald Williams 259,720,664 9,216,448 12,139,300”
Earnings Releases

Warby Parker Inc. reported first quarter ended March 31, 2023 results: revenue $172.0 million, net income $10.8 million. Guidance reaffirmed.

“First Quarter 2023 Year Over Year Highlights • Net revenue increased $18.8 million, or 12.2%, to $172.0 million. • GAAP net loss improved $23.3 million to $10.8 million.”
Earnings Releases

Warby Parker Inc. reported FY 2023 results: revenue $645 to $660 million. Guidance initiated.

“2023 Outlook For the full year 2023, Warby Parker is providing the following guidance: • Net revenue of $645 to $660 million, representing growth of 8% to 10% versus full year 2022. • Adjusted EBITDA (1) of approximately $51.5 million, or adjusted EBITDA margin (1) of approximately 7.9%. • 40 new store openings bringing the total projected store count at year end to approximately 240.”
Earnings Releases

Warby Parker Inc. reported FY 2022 results: revenue $598.1 million, net income ($110.4 million).

“Full Year 2022 Financial Results For the full year 2022, compared to the full year 2021: • Net revenue increased $57.3 million, or 10.6%, to $598.1 million. • Active Customers increased by 78,000, or 3.6%, to 2.28 million. • Gross profit increased 7.3% to $341.1 million. • Gross margin was 57.0% compared to 58.8% in the prior year. The decline in gross margin was primarily driven by the increased penetration of contact lenses which are sold at a lower margin than glasses, reflecting Warby Parker’s strategy to grow its contact lens offering, increases in store occupancy costs as a percent of revenue primarily due to increased depreciation and rent expense as we grew our store base to 200 stores, and an increase in salary and benefit costs associated with optometrists as we scale our eye exam offering across our fleet, to 150 exam locations, up from 102 in the prior year period. This was partially offset by the scaling of higher margin progressive lenses and leverage from the Company’s i”
Earnings Releases

Warby Parker Inc. reported Q4 2022 results: revenue $146.5 million, net income ($20.3 million).

“Fourth Quarter and Full Year 2022 Highlights • Full year net revenue increased $57.3 million, or 10.6%, to $598.1 million compared to full year 2021. • Fourth quarter net revenue increased $13.6 million, or 10.2%, to $146.5 million compared to fourth quarter 2021. • Active Customers increased 3.6% to 2.28 million year over year. • Average Revenue per Customer increased 6.9% year over year to $263. • Q4 2022 GAAP net loss of $20.3 million, a decrease of $25.7 million from the fourth quarter of 2021. • Q4 2022 adjusted EBITDA (1) of $8.6 million and an adjusted EBITDA margin (1) of 5.8%, an increase of $15.0 million and 10.6 points from the fourth quarter of 2021. • Second half of 2022 adjusted EBITDA margin (1) of 6.9%, a 4.7 point improvement over 2.2% in the first half of 2022. • Opened 40 new stores during the year, ending 2022 with 200 stores. • Contact lens revenue increased to 7.2% of our business in 2022, up from 4.3% in 2021. • Eye exam revenue increased to 2.9% of our business”
Earnings Releases

Warby Parker Inc. reported full year 2022 results: revenue $590 to $596 million.

“For the full year 2022, Warby Parker is revising its outlook to the following: • Net revenue of $590 to $596 million, representing growth of 9.1% to 10.2% versus full year 2021.”
Earnings Releases

Warby Parker Inc. reported third quarter ended September 30, 2022 results: revenue $148.8 million, net income $23.8 million.

“Warby Parker Announces Third Quarter 2022 Results Revenue increased 8.3% to $148.8 million”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.