Warby Parker Discusses Record-High Quarterly Revenue and Growth Strategies in Q1 2024 Earnings Call
Friday, 10 May 2024, 02:45
Warby Parker Q1 2024 Earnings Call Transcript
Warby Parker (NYSE: WRBY) held its first quarter 2024 conference call, reporting record-high quarterly revenue and growth strategies. The company showed a 16.3% year-over-year increase in net revenue to $200 million in Q1.
Key Points:
- Record-high quarterly revenue of $200 million, up 16.3% year over year
- Strategic investments driving growth in retail channels and glasses business
- Improved gross margins and adjusted EBITDA
- Strong execution on investments leading to positive outlook for full year guidance
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