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Shares of Warby Parker (WRBY) rose in early trading after Evercore ISI upgraded its rating on the stock to "outperform." Analyst Mark Mahaney argues that 2024 "is likely to be an inflection year" for the eyeglass retailer.
Analysts at UBS have initiated coverage on Warby Parker with a ‘Neutral' rating on their view that the eyewear brand has a lot of potential but faces challenges ahead. The analysts wrote in a note to clients that Warby Parker is poised to benefit from favorable demographic trends, including an ageing population and societal changes such as increased screen time.
Chewy has no debt, and management expects revenue growth of 10% to 12%. Harley-Davidson is trading near a basement-low price-to-earnings ratio.
Warby Parker (WRBY) shares rise as the company's second quarter earnings beat on both the top and bottom line. The company also raised its full year 2023 outlook and saw a rise in its active customer count by 1.2%.
While Wendy's and Roblox merely met EPS expectations, Warby Parker posted a strong quarter.
While the top- and bottom-line numbers for Warby Parker Inc. (WRBY) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Warby Parker Inc. (WRBY) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to loss of $0.01 per share a year ago.
In arguably most cases involving expert financial advice, you will encounter guidance toward established enterprises, not up-and-coming stocks to buy. While the latter category certainly dials up the heat in terms of overall sexiness, some folks just can't handle adventurous portfolios.
Warby Parker co-CEOs Dave Gilboa and Neil Blumenthal discuss how the eyeglass retailer beat Q1 earnings expectations in a 'depressed demand environment' on 'The Claman Countdown.' #foxbusiness #clamancountdown
Warby Parker Inc. WRBY reported Tuesday a first-quarter adjusted profit and revenue that beat expectations, and reiterated its full-year guidance as the eyewear company said it remains “cautious” about the near-term outlook given the “uncertain” macroeconomic outlook. The stock was still inactive in the premarket.