Warby Parker Q4 Preview: 11.7% Revenue Growth Forecast, Slower Than 17.8%
Warby Parker posted last quarter revenue of $221.7 million, up 15.2% year-on-year with 2.66 million active customers, beating EPS forecasts but missing full-year revenue guidance. Analysts forecast Q4 revenue growth of 11.7%, down from 17.8% a year earlier, and have maintained estimates ahead of Thursday’s release.
1. Last Quarter Results
Warby Parker generated $221.7 million in revenue last quarter, a 15.2% increase year-on-year. The company reported 2.66 million active customers, up 9.5%, and beat EPS estimates but fell short of its full-year revenue guidance.
2. Q4 Expectations
The market is forecasting Q4 revenue growth of 11.7% year-on-year, a slowdown from the 17.8% increase recorded in the same quarter last year. These projections set the bar for Thursday’s earnings announcement.
3. Analyst Estimates Stability
Analysts covering Warby Parker have largely reconfirmed their estimates over the past 30 days, signalling confidence that the company will meet consensus expectations despite a history of revenue misses over the last two years.
4. Sector and Peer Context
Within the specialty retail segment, Sally Beauty delivered flat revenue that met estimates, but its stock fell 3.5%. The group has underperformed, declining 2.4% on average over the last month, while Warby Parker shares are down 18.3% against an average analyst price target of $27.25 versus the current $22.24 share price.