Adjusted EBITDA reached $32.9 million, including an $11.8 million tariff refund, as the company expands stores and eye exam services.
Warby Parker reported second-quarter revenue of $235.5 million, a 9.8% year-over-year increase, driven by retail sales growth, expanded eye exam services, and higher average order values. The company cited soft customer traffic and the end of its Home Try-On program as headwinds.
Adjusted EBITDA totaled $32.9 million, or a 14% margin, boosted by an $11.8 million tariff refund. The company opened 15 net new stores in the quarter, reaching 352 locations, and remains on track for 50 openings this year.
Warby Parker plans to use tariff refunds to fund technology and marketing investments ahead of its Intelligent Eyewear collection launch this fall. Deliveries are expected to begin during the holiday season.