Warby Parker (WRBY)
NYSE:WRBY
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Earnings Data
Report Date
Aug 06, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.11Last Year’s EPS
0.09Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted clear operational and strategic progress—revenue and EBITDA beats, retail strength, strong exam growth, rising ARPC, improved insurance capture, product innovation, and confirmed full‑year guidance—while acknowledging near‑term margin pressure from tariff and fixed‑cost deleverage, weather disruptions, the Home Try‑On transition, and investments ahead of the AI glasses launch. The positives around top‑line growth, improving customer metrics, liquidity, and a large strategic opportunity with intelligent eyewear outweigh the short‑term headwinds.Company Guidance
Revenue and EBITDA Beat Guidance
Q1 revenue of $242.4M, up 8.3% year-over-year, and adjusted EBITDA of $29.6M (12.2% margin), both above company guidance for the quarter.
Full-Year Guidance Reaffirmed with Growth and Margin Expansion
Reaffirmed full-year 2026 guidance: revenue $959M–$976M (~10%–12% YoY growth) and adjusted EBITDA $117M–$119M implying a 12.2% adjusted EBITDA margin and ~130 bps expansion year-over-year.
Retail Strength and Store Expansion
Retail revenue increased 13.6% year-over-year; opened 14 net new stores in Q1 (vs. 11 prior-year) and remains on track to open ~50 stores in 2026, with expanded suburban footprint and entry into new market (Baton Rouge).
Eye Care Momentum
Eye exams grew 30% year-over-year; exam services expanded to nearly 90% of stores and retinal imaging rolled out across active exam lanes, supporting cross-sell and higher lifetime value.
Customer Base and Spend Improvements
Active customers reached 2.7M, up 4.8% on a trailing 12-month basis; average revenue per customer rose 6.9% year-over-year driven by mix toward progressives, lens add-ons and higher insurance utilization.
Insurance Penetration and Reimbursements
In-network insurance penetration grew to ~10% (from ~8% prior year); roll-out of automatic out-of-network submission tool to all stores is increasing adoption and is associated with higher spend by users.
Product Innovation and New Launches
Launched new collections (Spring 2026, New Deco 2.0) and a sport collection (nonprescription from $195; prescription from $295) addressing unmet demand and providing a competitively priced performance offering.
Digital Enhancements and E‑commerce Initiatives
Introduced AI-powered Photo Booth (virtual try-on) and a personalized recommendations engine; non-Home Try-On e-commerce demand described as healthy and showing year-over-year growth.
Strong Liquidity and Capital Allocation Optionality
Cash balance of $288M (up $23M YoY), ~ $8M free cash flow in Q1, $100M share repurchase authorization, and an undrawn $120M credit facility (expandable to $175M).
Strategic Partnership and AI Glasses Progress
Progress toward launch of intelligent eyewear later this year with partners Google and Samsung; $75M reimbursement from Google to support investments; company prototypes in internal use and multi‑channel launch preparations underway.
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
WRBY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $22.03 | $27.20 | +23.47% |
Feb 26, 2026 | $21.77 | $25.65 | +17.82% |
Nov 06, 2025 | $19.05 | $16.93 | -11.13% |
Aug 07, 2025 | $24.30 | $23.48 | -3.37% |
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.
FAQ
When does Warby Parker (WRBY) report earnings?
Warby Parker (WRBY) is schdueled to report earning on Aug 06, 2026, Before Open (Confirmed).
What is Warby Parker (WRBY) earnings time?
Warby Parker (WRBY) earnings time is at Aug 06, 2026, Before Open (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 2026 (Q2) is 0.11.
