Earnings Call Summary | Warby Parker(WRBY.US) Q3 2024 Earnings Conference
Earnings Call Summary | Warby Parker(WRBY.US) Q3 2024 Earnings Conference
They raised their full-year guidance to expect approximately 14% to 15% revenue growth and $73 million in adjusted EBITDA.The following is a summary of the Warby Parker Inc. (WRBY) Q3 2024 Earnings Call Transcript:
以下是Warby Parker Inc. (WRBY) 2024年第三季度業績發佈會的摘要：
Financial Performance:
財務表現：
Warby Parker reported a Q3 2024 net revenue of $192.4 million, marking a 13.3% increase year-over-year.
Adjusted EBITDA margin expanded by 250 basis points, the highest of the year, reflecting strong financial management and operational efficiency.
They raised their full-year guidance to expect approximately 14% to 15% revenue growth and $73 million in adjusted EBITDA.
Retail revenue grew approximately 20% year-over-year, while e-commerce revenue saw a modest increase of about 1%.
Gross margin remained stable year-over-year at 54.6%.
Warby Parker報告2024年第三季度淨營業收入爲19240萬，同比增長13.3%。
經調整的EBITDA毛利率擴大了250個點子，達到了今年最高，反映出強大的財務管理和運營效率。
他們將全年指導目標提高至預計營業收入增長約14%至15%和7300萬的調整後EBITDA。
零售營業收入同比增長約20%，而電子商務營業收入則有約1%的溫和增長。
毛利率同比保持穩定，爲54.6%。
Business Progress:
業務進展：
Active customer base grew to 2.4 million, a 5.6% increase, with strong contributions from new and returning customers primarily through store channels.
Launched new products including foldable sunglasses and the Additions collection with cultural influencers, enhancing product diversity.
Opened 13 new stores in Q3, and plans to continue expansion with a long-term potential of over 900 stores.
Significant advancements in in-network insurance collaboration, specifically with Versant Health, to extend service to more customers.
活躍客戶群增長至240萬，增長5.6%，主要通過門店渠道，新增和回歸客戶貢獻顯著。
與文化影響者合作推出了新產品，包括可摺疊太陽鏡和附加系列，增強了產品的多樣性。
在第三季度開設了13家新店，計劃繼續擴張，長期潛力超過900家門店。
在網絡保險協作方面取得了顯著進展，特別是與Versant Health的合作，以便爲更多客戶提供服務。
Opportunities:
機會：
Expected continued revenue growth from the expanding store footprint and the adoption of an omnichannel retail strategy.
Potential to grow the contact lens segment, currently below industry average, representing a significant market opportunity.
Expansion of in-network insurance coverage to include millions more customers, anticipated to increase average revenue per member over time.
預計通過擴展的門店覆蓋和採用全渠道零售策略，營業收入將繼續增長。
隱形眼鏡領域有潛力增長，目前低於行業平均水平，代表着一個巨大的市場機會。
擴展網絡保險覆蓋範圍，預計能覆蓋更多數百萬客戶，隨着時間推移，預計能增加每位會員的平均營業收入。
Risks:
風險：
E-commerce revenue growth remains modest at approximately 1% year-over-year, indicating potential challenges in online market penetration and competition.
Tariffs and geopolitical factors could affect cost structures and sourcing, particularly with a significant portion of goods sourced from China.
電子商務營業收入增長保持在大約1%的年增長率，表明在在線市場滲透和競爭方面可能面臨挑戰。
關稅和地緣政治因素可能會影響成本結構和採購，尤其是大部分商品來自中國。
More details: Warby Parker IR
更多細節：Warby Parker IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更全面的細節，請參閱IR網站。 文章僅供投資者參考，不構成任何指導或推薦建議。
譯文內容由第三人軟體翻譯。
