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Stock impact report

3 Big Reasons to Love Warby Parker (WRBY) [Yahoo! Finance]

Warby Parker Inc. (WRBY) 
Company Research Source: Yahoo! Finance
This was partly due to its softer quarterly results and might have investors contemplating their next move. Following the drawdown, is this a buying opportunity for WRBY? Find out in our full research report, it's free Why Is Warby Parker a Good Business? Founded in 2010, Warby Parker (NYSE:WRBY) designs, manufactures, and sells eyewear, including prescription glasses, sunglasses, and contact lenses, through its e-commerce platform and physical retail locations. 1. New Stores Opening at Breakneck Speed The number of stores a retailer operates is a critical driver of how quickly company-level sales can grow. Warby Parker sported 323 locations in the latest quarter. Over the last two years, it has opened new stores at a rapid clip by averaging 17.5% annual growth, among the fastest in the consumer retail sector. This gives it a chance to scale into a mid-sized business over time. When a retailer opens new stores, it usually means it's investing for growth because demand is Show less Read more
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