Free daily briefing on global business news.
The eyewear company posted net income of $4.6 million in the second quarter, reversing a loss from a year earlier, as revenue climbed 9.8%
Scott Olson / Getty Images
Warby Parker swung to a second-quarter profit of $4.6 million, aided by an $11.8 million benefit from tariff refunds, as revenue grew and the company advanced preparations for an upcoming AI-powered eyewear launch.
The result compared with a net loss of $1.75 million in the same period a year earlier. Revenue rose 9.8% to $235.5 million. Analysts polled by FactSet had been expecting earnings of 10 cents a share on revenue of $238 million, according to The Wall Street Journal.
