NYSE$WRBY
Warby Parker Inc · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Warby Parker's Q4 2024 earnings were announced, revealing increased net revenue and improved profitability.
Warby Parker reported a 17.8% increase in net revenue for Q4 2024, reaching $190.6 million. The company's GAAP net loss improved to $6.9 million, and Adjusted EBITDA Margin increased to 7.3%. They also announced a partnership with Target Corporation to launch Warby Parker shop-in-shops in select Target locations in 2025.
- Net revenue increased by 17.8% year-over-year to $190.6 million.
- Gross margin improved to 54.1% compared to 53.8% in the prior year.
- GAAP net loss improved by $12.2 million to $6.9 million.
- Adjusted EBITDA increased by $4.4 million to $13.8 million, with Adjusted EBITDA Margin rising to 7.3%.
Headline financials
Revenue & EPS history
Warby Parker · Revenue · Quarterly
$191M
Forward guidance
Warby Parker anticipates net revenue between $878 to $893 million for the full year 2025, representing approximately 14% to 16% growth versus full year 2024. Adjusted EBITDA is projected to be approximately $97 million, equating to an Adjusted EBITDA Margin of approximately 11%. The company plans to open 45 new stores, including five shop-in-shops at select Target locations.
Tailwinds
- Net revenue growth of 14% to 16% is expected.
- Adjusted EBITDA Margin is anticipated to be approximately 11%.
- 45 new store openings are planned.
- Partnership with Target Corporation to expand reach.
- Focus on sustainable and profitable growth.
Headwinds
- Guidance is based on management's expectations as of the press release date.
- Forward-looking statements are subject to risks and uncertainties.
- Potential variability of stock-based compensation and taxes.
- Overall economic conditions and consumer spending could impact results.
- Reliance on third parties for products, operations, and infrastructure.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+4.7%
Avg return
Earnings day
+7.9%
Avg return
5 days after
-1.7%
Avg return
30 days after
70%
16 / 23 earnings
Positive
+24.9%
Q3 2022
Best reaction
-29.0%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +23.1% | +21.5% | +3.1% | |
| Q4 2025 | +17.2% | +26.2% | -6.6% | |
| Q3 2025 | -11.1% | -8.8% | -1.5% | |
| Q1 2025 | +3.0% | +14.4% | +33.5% | |
| Q4 2024 | +2.3% | -2.3% | -21.4% | |
| Q3 2024 | +2.8% | +11.9% | +25.4% | |
| Q2 2024 | -6.4% | -7.5% | -6.8% | |
| Q1 2024 | +18.9% | +25.2% | +33.7% | |
| Q4 2023 | -15.5% | -17.0% | -9.5% | |
| Q3 2023 | -29.0% | -26.9% | -25.3% | |
| Q2 2023 | -6.3% | -11.3% | -17.2% | |
| Q1 2023 | -4.3% | -6.5% | -0.7% | |
| Q4 2022 | -6.2% | -4.5% | -20.5% | |
| Q3 2022 | +24.9% | +42.1% | +24.7% | |
| Q2 2022 | +21.4% | +26.4% | +12.6% | |
| Q1 2022 | +0.2% | -8.7% | -19.5% | |
| Q4 2019 | +10.1% | +22.6% | +1.7% | |
| Q2 2021 | +10.1% | +22.6% | +1.7% | |
| Q4 2021 | +15.8% | +17.5% | +5.1% | |
| Q3 2020 | +9.5% | +11.2% | -12.9% | |
| Q1 2021 | +9.5% | +11.2% | -12.9% | |
| Q3 2021 | +9.5% | +11.2% | -12.9% | |
| Q4 2020 | +9.5% | +11.2% | -12.9% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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