Why Warby Parker Stock Soared This Week

Warby Parker (NYSE: WRBY) saw a significant 28% surge in its stock price last week following the release of positive sales results. The eyeglass designer reported a strong performance despite the challenging macroeconomic environment.

In the first quarter, Warby Parker’s net revenue increased by 8.3% to $242.4 million. The company also expanded its presence by opening 14 new stores, bringing its total count to 337 locations in the U.S. and Canada. Additionally, active customers grew by 4.8% to 2.69 million, with average revenue per customer rising by 6.9% to $331.

Despite facing higher shipping and tariff-related costs, Warby Parker’s earnings before interest, taxes, depreciation, and amortization (EBITDA) inched up by 1% to $29.6 million. The company also generated $8.4 million in free cash flow, boosting its cash reserves to over $288 million by the end of the quarter.

Looking ahead, Warby Parker anticipates a 10% to 12% growth in full-year revenue, reaching between $959 million and $976 million in 2026. This growth is expected to be driven by the opening of 50 new stores. The management also forecasts adjusted EBITDA of $117 million to $119 million, up from $95.2 million in 2025.

One of the exciting developments for Warby Parker is the upcoming launch of intelligent eyewear developed in partnership with Alphabet’s Google. The AI-powered glasses will combine Warby Parker’s popular optical designs with Google’s multimodal AI technology, offering a unique product in the market. Co-CEO Dave Gilboa expressed enthusiasm about introducing what could be the world’s first truly intelligent AI glasses for all-day wear.

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