Warby Parker (WRBY) is a direct-to-customer eye wear brand that offers sunglasses and optical frames for men and women. George Tsilis joins Alex Coffey and Jenny Horne to discuss WRBY as its earnings were released today, February 28th. He talks about how its earnings came in worse-than-expected, but its revenue came in at $146.50M versus and estimated $143.18M. He notes that Telsey Advisory Group maintains $25 price target and an outperform rating on WRBY. He then goes over how WRBY's 4Q active customer increased by 78K and 4Q average revenue per customer up 6.9% year-over-year. Tune in to find out more about the stock market today.
28 Feb 2023