NEW YORK-Warby Parker Inc. (NYSE: WRBY) announced its financial results yesterday for the fourth quarter and full year ending December 31, 2024, demonstrating a net revenue increase of $101.6 million, or 15.2 percent, to $771.3 million compared, with full year 2023. Fourth quarter net revenue increased $28.8 million, or 17.8 percent, to $190.6 million, compared with the fourth quarter of 2023. GAAP net loss improved $12.2 million to $6.9 million, the company reported, primarily as a result of leveraging its expense base on higher revenue. The company reported full year GAAP net loss of $20.4 million.
Warby Parker is a vision care company that manufactures and supplies eyeglass frames, lenses, monocles and sunglasses online and through retail outlets.