Warby Parker Inc first reported quarterly results as a listed company, with broader-than-expected losses but higher-than-expected sales.
The company that sells optics and glasses through the internet and its stores, was listed on the stock exchange in September.
Today, it announced losses of $ 91.1 million or $ 1.45 per share for the third quarter, compared to losses of $ 41.6 million or 78 cents per share a year ago.
Revenue rose to $ 137.4 million from $ 104.1 million.
The convergent estimates spoke of losses of 52 cents per share and revenue of 133 million dollars.
The company now expects revenue for the year 2021 539.5-542 million dollars, against convergent estimates for 538.7 million dollars.
.
Source From: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
