Warby Parker (WRBY) stock price has suffered a harsh reversal as investors assess its tariff risks and the recently announced deal with Target. WRBY initially soared to a high of $28.70 earlier this year, and has erased most of those gains after falling by 40% to the current $17.8.
Warby Parker Inc. (NYSE:WRBY ) Q4 2024 Earnings Conference Call February 27, 2025 8:00 AM ET Company Participants Jaclyn Berkley - Head of Investor Relations Dave Gilboa - Co-Founders & Co-CEOs Neil Blumenthal - Co-Founders & Co-CEOs Steve Miller - Senior Vice President & Chief Financial Officer Conference Call Participants Mark Altschwager - Baird Oliver Chen - TD Cowen Brooke Roach - Goldman Sachs Dana Telsey - Telsey Nick Jones - Citizens JMP Janine Stichter - BTIG Operator Hello, and welcome to today's Warby Parker's Fourth Quarter 2024 Earnings Call. My name is Bailey, and I will be your moderator for today.
Warby Parker Inc. (WRBY) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.01 per share a year ago.
Warby Parker stock price has done well in the past few months, as we predicted in this piece in October. WRBY stock jumped to a high of $27 this month, up by 175% from its lowest level in 2024, pushing its value to over $3 billion.
Warby Parker continued rapid growth in Q3, suggesting a continued runway of retail network expansion. The growth is coupled with an insufficient margin level despite normalizing SBC, and operating leverage is coming in quite slowly. The market has valued the WRBY stock for too ambitious earnings growth, and I estimate a -50% downside into an $11.46 fair value.
Warby Parker Inc. (NYSE:WRBY ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Jaclyn Berkley - Head of Investor Relations Neil Blumenthal - Co-Founders & Co-CEOs Dave Gilboa - Co-Founders & Co-CEOs Steve Miller - Senior Vice President & Chief Financial Officer Conference Call Participants Brooke Roach - Goldman Sachs Dana Telsey - Telsey Oliver Chen - TD Cowen Amy Teske - Baird Janine Stichter - BTIG Nick Jones - Citizens JMP Operator Hello and welcome to today's Warby Parker's Third Quarter 2024 Earnings Call. My name is Bailey and I'll be your moderator for today.
The headline numbers for Warby Parker (WRBY) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Warby Parker Inc. (WRBY) came out with quarterly earnings of $0.05 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.01 per share a year ago.
Goldman Sachs analyst Brooke Roach revised ratings on Warby Parker Inc. WRBY and Canada Goose Holdings Inc. GOOS ahead of third-quarter earnings.
Eyewear stock Warby Parker Inc (NYSE:WRBY) is on the rise today, after an upgrade from Goldman Sachs to "buy" from "neutral," with a price-target hike to $18 from $15.
The shares of eyeglasses retailer Warby Parker Inc (NYSE:WRBY) sport a 6.9% pre-market lead, after a bull note from JMP Securities.
Warby Parker Inc. (NYSE:WRBY ) Q2 2024 Earnings Conference Call August 8, 2024 8:00 AM ET Company Participants Jaclyn Berkley - Head Investor Relations Dave Gilboa - Co-Founders & Co-Chief Executive Officer Neil Blumenthal - Co-Founders & Co-Chief Executive Officer Steve Miller - Senior Vice President & Chief Financial Officer Conference Call Participants Mark Altschwager - Baird Oliver Chen - TD Cowen Janine Stichter - BTIG Dylan Carden - William Blair Brooke Roach - Goldman Sachs Alex Straton - Morgan Stanley Operator Hello, everyone, and welcome to the Warby Parker Second Quarter 2024 Earnings Call. My name is Seb and I will be the operator for your call today.