NYSE:WRBYSpecialty Retail
Warby Parker (WRBY) Stock Profit Rebound Meets Rich Valuation Questions
Warby Parker stock slipped about 1.9% today to US$26.46, extending a weaker run over the past three months, yet the latest quarter told a different story. The Q2 headline was profitability holding and earnings ticking higher, even as revenue came in at US$235.5m. Adjusted EBITDA of US$32.9m, helped by a one time tariff refund, gave the company more room to invest ahead of its Intelligent Eyewear push.
For short term traders, the modest price drop will stand out. For longer term investors, the...