Warby Parker Shares Rise 22.5% on Nov. 5; Preorders Start Nov. 12
Photo: TokenPost
Warby Parker shares rose 22.5% to $26.08 at the Nov. 5 close, when the eyewear company released third-quarter results and set Nov. 12 as the preorder date for its first Intelligent Eyewear collection. The stock gained $4.79 from its previous close. The quarterly report covered the three months ended Sept. 30. Revenue reached $244.7 million, a 10.4% increase from $221.7 million a year earlier. Profit declined as sales rose. Net income fell to $5.6 million from $5.9 million in the year-earlier quarter, while diluted earnings per share dropped to 4 cents from 5 cents.
Source: TokenPost
