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Warby Parker Beats Revenue Estimates, Narrows Losses

Warby Parker Beats Revenue Estimates, Narrows Losses

The eyewear maker on Tuesday reported a 10 percent increase in revenue to $147 million in the final quarter of 2022, coming in above company and analysts’ estimates.

Warby Parker also narrowed its net losses during the quarter to $20 million from $46 million a year earlier, as it reduced its marketing spend by 41 percent in the face of still-high costs to acquire customers online. The brand’s customer acquisition costs dropped by around 36…


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