Warby Parker Q2 achieved a profit of $4.6 million, thanks to an $11.8 million tariff refund, with pre-market stock down about 7%.
The eyewear retailer reported a 9.8% increase in second-quarter revenue to $235.5 million, compared to a net loss of $1.75 million in the same period last year. The company stated that tariff refunds contributed 500 basis points to its gross margin. Additionally, Warby Parker reiterated its full-year net revenue guidance of $959 million to $976 million and expects to launch a smart eyewear collection developed in partnership with Google Gemini AI assistant and Samsung in the coming weeks.
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