Warby Parker jumps after lifting annual sales view

Warby Parker

09/05/2024 14:55

(Updates)
    ** Sunglass maker Warby Parker's shares  WRBY.N  up as much
as 20% at $14.92 
    ** Company lifts annual sales forecast and tops Q1 sales
estimates on strong consumer demand
    ** Sees 2024 revenue at $753 mln-$761 mln vs its prior range
of $748 mln-$758 mln
    ** Posts Q1 revenue of $200 mln vs LSEG est. of $196.3 mln
    ** Reports quarterly net loss of $2.7 mln vs loss of $10.8
mln a year earlier
    ** Company opened eight new stores in the quarter
    ** Including session gains, stock up 4.3% YTD

 (Reporting by Annett Mary Manoj in Bengaluru)
 ((AnnettMary.Manoj@thomsonreuters.com))