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Warby Parker Shares Slip After Giving Up Early Gains Despite Strong Q2 Results and Raised Outlook
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Warby Parker Shares Slip After Giving Up Early Gains Despite Strong Q2 Results and Raised Outlook
Aug 7, 2025 12:06 PM

Warby Parker Inc. ( WRBY ) shares have pulled back after an early move higher, despite the company reporting strong second-quarter results and raising its full-year 2025 revenue guidance.

What To Know: The company reported second-quarter revenue of $214.5 million, up nearly 14% year-over-year and ahead of analyst expectations. Active customers grew 9% to 2.6 million on a trailing 12-month basis, and average revenue per customer increased 4.6% to $316. Warby Parker ( WRBY ) also posted a narrowed net loss of $1.8 million, a $5 million improvement compared to the same period last year. Adjusted EBITDA rose to $25 million, representing an 11.7% margin, up from 10.4% in the prior-year quarter.

Co-Founders and Co-CEOs Neil Blumenthal and Dave Gilboa highlighted key company milestones in the quarter, including the launch of their AI-powered recommendation tool, Advisor, and a new partnership with Google to develop intelligent eyewear. "Looking ahead, our partnership with Google to develop intelligent eyewear is a testament to Warby Parker’s commitment to innovation as we shape the future of how people interact with AI," Blumenthal said.

The company also raised its full-year 2025 guidance, now expecting revenue between $880 million and $888 million and adjusted EBITDA between $98 million and $101 million. Warby Parker ( WRBY ) plans to open 45 new stores this year, including several shop-in-shops within Target locations.

The decline in shares may reflect some profit-taking after a multi-quarter run of improving metrics. Warby Parker's ( WRBY ) gross margin declined to 53% from 56% a year ago, impacted by a $2.5 million inventory write-down linked to the phase-out of the Home-Try-On program, as well as higher store and doctor costs.

WRBY Price Action: Warby Parker ( WRBY ) shares were down 4.71% at $23.16 at the time of writing, according to Benzinga Pro.

Read Next:

Apple’s Smart Move May Save iPhone Sales–And The Stock Could Soar

Image Via Shutterstock.

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