2023-05-09 06:48:10 ET
- Warby Parker press release ( NYSE: WRBY ): Q1 GAAP EPS of -$0.09 beats by $0.01 .
- Revenue of $171.97M (+12.2% Y/Y) beats by $5.25M .
- Adjusted EBITDA increased $17.0 million to $17.7 million and adjusted EBITDA margin improved 9.8 points from 0.5% to 10.3%
- Average Revenue per Customer increased 8.4% to $270. Active Customers increased 2.5%, to 2.29 million.
- 2023 Outlook: Net revenue of $645 to $660 million, representing growth of 8% to 10% versus full year 2022.
- Adjusted EBITDA of approximately $51.5 million, or adjusted EBITDA margin of approximately 7.9%.
- 40 new store openings bringing the total projected store count at year end to approximately 240.
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Warby Parker GAAP EPS of -$0.09 beats by $0.01, revenue of $171.97M beats by $5.25M