Financial Performance - Company reported Q3 2023 net revenue of $169.8 million, representing a 14.2% increase compared to Q3 2022[9], [12] - September YTD 2023 net revenue reached $507.9 million, up 12.5% compared to the same period in 2022[12], [38] - Q3 2023 adjusted EBITDA was $11.0 million with an adjusted EBITDA margin of 6.5%[9], [15] - September YTD 2023 adjusted EBITDA stood at $42.9 million with an adjusted EBITDA margin of 8.5%[14], [15] Customer Metrics & Operations - Average revenue per customer increased by 10.0% year-over-year to $284 in Q3 2023[9], [12] - Active customers reached 2.30 million at the end of the third quarter of 2023[9], [11] Retail Footprint & Outlook - Company expanded its retail footprint by opening 11 new stores in Q3 2023 and 30 new stores through September, ending the quarter with 227 stores[12], [19] - FY 2023 net revenue outlook is projected to be between $666 million and $669 million[22]
Warby Parker(WRBY) - 2023 Q3 - Earnings Call Presentation