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Warby Parker (WRBY)
NYSE:WRBY
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.11Last Year’s EPS
0.11Same Quarter Last Year
Moderate Buy
Based on 16 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: 4.08%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Warby Parker's robust revenue growth, expansion plans, and strategic initiatives in insurance and eye care, indicating strong business momentum. While there are some challenges such as lower margins in the contact lens category and weather-impacted guidance, the positive achievements and growth strategies largely outweigh these concerns.Company Guidance
In Warby Parker's Fourth Quarter 2024 Earnings Call, the company reported a strong performance with revenue growth of 15.2% for the full year and 17.8% in Q4, marking it as their highest revenue growth quarter since 2021. The company expanded its adjusted EBITDA margins by approximately 170 basis points and achieved a 40% increase in adjusted EBITDA compared to 2023. Warby Parker opened 41 new stores and maintained positive e-commerce growth for the first time since 2021. The company also focused on expanding its insurance business, growing contacts and exams by 36% and 41% respectively, and increasing in-network coverage to over 30 million lives. For 2025, Warby Parker plans to continue its growth trajectory by opening 45 new stores, scaling its insurance business, and leveraging a data-driven media mix model to optimize marketing spend, which is expected to remain in the low teens as a percent of revenue. The company anticipates achieving 14% to 16% revenue growth with an adjusted EBITDA margin of approximately 11% at the midpoint, aiming for an additional 150 basis points of margin expansion.Record Revenue Growth
Warby Parker reported its highest revenue growth quarter since 2021, with a full-year revenue increase of over 15% and a fourth-quarter revenue rise of 17.8% year-over-year.
Expansion of Store Network
41 new stores were opened in 2024, with plans to open 45 more in 2025, including a partnership with Target to open five shop-in-shops.
Strong Growth in Insurance and Eye Exams
Insurance business expanded with in-network coverage to over 30 million lives. Eye exam revenue grew over 40% year-over-year, contributing to higher average revenue per customer.
Improved Adjusted EBITDA Margin
Adjusted EBITDA margin expanded by approximately 170 basis points, with a 40% increase in adjusted EBITDA versus 2023.
Positive Trends in E-commerce
E-commerce revenue grew for the first time since 2021, with a 5.3% increase in Q4 and a full-year increase of 3%.
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WRBY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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WRBY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $23.76 | $24.31 | +2.31% |
| Nov 07, 2024 | $18.97 | $19.31 | +1.79% |
| Aug 08, 2024 | $14.06 | $14.04 | -0.14% |
| May 09, 2024 | $12.44 | $14.68 | +18.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Warby Parker (WRBY) report earnings?
Warby Parker (WRBY) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Warby Parker (WRBY) earnings time?
Warby Parker (WRBY) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WRBY EPS forecast?
WRBY EPS forecast for the fiscal quarter 2025 (Q1) is 0.11.
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