Warby Parker Grows Profits in Second Quarter

Warby Parker reported another quarter of growing sales and profit. The eyewear maker’s revenue grew 11 percent to $166 million in the second quarter of the year, and it generated $14 million in adjusted earnings before interest, taxes, depreciation and amortisation, up from $6 million a year earlier.

Warby Parker continued to reduce online marketing spend, this time by 30 percent year over year. It also opened 13 new stores, an approach that…