Warby Parker Inc.
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ROIC.AI
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- Warby Parker Inc. (WRBY) designs, manufactures and retails prescription eyeglasses, sunglasses, contact lenses and offers eye exams and vision care services through its omnichannel platform including e-commerce, over 310 company-operated retail stores primarily in the United States and select locations in Canada, and shop-in-shops such as those launched with Target; core offerings feature in-house designed frames produced with partners in Italy, Vietnam, Japan and China using custom materials like acetate, paired with impact-resistant polycarbonate lenses, anti-reflective and scratch-resistant coatings, and 100% UVA/UVB blocking prescription lenses starting at $95, alongside virtual try-on tools, home try-on programs and integrated insurance reimbursements. Founded in 2010 and headquartered in New York City, the company operates a vertically integrated model with optical labs in New York and Las Vegas for lens edging and assembly, serving 2.28 million active customers with an average order value of $263 and adhering to a buy-one-give-one social mission that has distributed over 20 million pairs of glasses to those in need via nonprofit partners. In 2025, Warby Parker expanded strategically through a landmark partnership with Google announced at Google I/O for up to $150 million in funding to co-develop AI-powered smart glasses on the Android XR platform incorporating multimodal AI and Gemini assistant with prescription lenses, planned for launch post-2025; it further announced collaboration with Samsung, opened 15 net new stores in Q3 including its first five Target shop-in-shops, and reaffirmed plans for 45 total new stores in 2025 toward a long-term goal of 900 North American locations while updating full-year revenue guidance to $871-874 million reflecting 13% growth.
Company News
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Warby Parker Q2 Earnings Call Highlights
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