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0.00138121546961323 0.00138121546961323 0.00690607734806627 0.00966850828729286 0.00932320441988949 0.00901243093922649 0.00483425414364643 0.0145027624309393
Stock impact report

Why Warby Parker Stock Was Climbing Today [Yahoo! Finance]

Warby Parker Inc. (WRBY) 
Company Research Source: Yahoo! Finance
As a result, the stock was up 14.6% as of 11:27 a.m. Warby Parker is looking sharp Revenue in the quarter rose 16.3% to $200 million, which beat the analyst consensus at $196.3 million and marked its fastest revenue growth since 2021, as demand is accelerating after a post-pandemic slowdown. Warby saw growth in both its customer base and in average revenue per customer, which was up 9.6% to $296. That revenue growth translated into profitability improvements as well, as gross margin rose 160 basis points to 56.7% due to stronger growth in glasses, its highest-margin product, efficiencies in its optical labs, and lower shipping costs. It also gained leverage on selling, general, and administrative expenses, and adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) rose from $17.8 million to $22.4 million. On the bottom line, its generally accepted accounting principles ( GAAP ) loss narrowed from $0.09 to $0.02, taking a significant step towar Show less Read more
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