Warby Parker Raises FY24 Net Revenue Outlook To $753M-$761M Vs. $755.13M Estimate (Prior View: $748M-$758M), Representing Growth Of Approximately 12.5%-13.5% YoY
Portfolio Pulse from Benzinga Newsdesk
Warby Parker has updated its FY24 net revenue forecast to $753M-$761M, up from the previous range of $748M-$758M. This adjustment represents an anticipated year-over-year growth of approximately 12.5%-13.5%, slightly above the $755.13M estimate.
May 09, 2024 | 11:00 am
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Warby Parker raises its FY24 revenue forecast to $753M-$761M, indicating a stronger than expected year-over-year growth of 12.5%-13.5%.
The upward revision of Warby Parker's FY24 revenue outlook suggests a positive performance and growth trajectory for the company. This is likely to be viewed favorably by investors, potentially leading to a short-term increase in stock price due to increased confidence in the company's financial health and growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100