Warby Parker (WRBY)
Market Price (8/24/2026): $27.4 | Market Cap: $3.4 BilSector: Consumer Discretionary | Industry: Apparel, Accessories & Luxury Goods
Warby Parker (WRBY)
Market Price (8/24/2026): $27.4Market Cap: $3.4 BilSector: Consumer DiscretionaryIndustry: Apparel, Accessories & Luxury Goods
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10% Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Sustainable Consumption. Themes include Direct-to-Consumer Brands, Show more. | Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 14% | Expensive valuation multiplesP/SPrice/Sales ratio is 3.7x, P/EBITPrice/EBIT or Price/(Operating Income) ratio is 2,191x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 36x, P/EPrice/Earnings or Price/(Net Income) is 439x Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.2% Key risksWRBY key risks include [1] its history of net losses driven by persistently high marketing and administrative expenses. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Sustainable Consumption. Themes include Direct-to-Consumer Brands, Show more. |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 14% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 3.7x, P/EBITPrice/EBIT or Price/(Operating Income) ratio is 2,191x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 36x, P/EPrice/Earnings or Price/(Net Income) is 439x |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.2% |
| Key risksWRBY key risks include [1] its history of net losses driven by persistently high marketing and administrative expenses. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 8/19/2026
Warby Parker (WRBY) stock has gained about 25% since 4/30/2026 because of the following key factors:
1. Strong Fiscal First Quarter 2026 Financial Performance and Reaffirmed Full-Year Guidance.
Warby Parker reported fiscal Q1 2026 (ended March 31, 2026) net revenue of $242.4 million, an 8.3% increase year-over-year, surpassing its own guidance. Adjusted EBITDA reached $29.6 million, also exceeding guidance. The company reaffirmed its full-year 2026 revenue guidance of $959 million to $976 million, representing approximately 10%-12% year-over-year growth, and adjusted EBITDA guidance of $117 million to $119 million.
2. Significant Tariff Refunds Boosting Fiscal Second Quarter 2026 Profitability.
In fiscal Q2 2026 (ended June 30, 2026), Warby Parker's gross profit significantly improved to $136.5 million, or 57.9% of revenue, compared to 53.0% in the prior year. This increase was primarily driven by an $11.8 million benefit from IEEPA tariff refunds on inventory sold, which added 500 basis points to its gross margin. This contributed to a diluted EPS of $0.04, improving from a loss of $0.01 in the prior year, despite missing analyst consensus estimates.
Show more
Warby Parker (WRBY) stock has gained about 25% since 4/30/2026 because of the following key factors:
1. Strong Fiscal First Quarter 2026 Financial Performance and Reaffirmed Full-Year Guidance.
Warby Parker reported fiscal Q1 2026 (ended March 31, 2026) net revenue of $242.4 million, an 8.3% increase year-over-year, surpassing its own guidance. Adjusted EBITDA reached $29.6 million, also exceeding guidance. The company reaffirmed its full-year 2026 revenue guidance of $959 million to $976 million, representing approximately 10%-12% year-over-year growth, and adjusted EBITDA guidance of $117 million to $119 million.
2. Significant Tariff Refunds Boosting Fiscal Second Quarter 2026 Profitability.
In fiscal Q2 2026 (ended June 30, 2026), Warby Parker's gross profit significantly improved to $136.5 million, or 57.9% of revenue, compared to 53.0% in the prior year. This increase was primarily driven by an $11.8 million benefit from IEEPA tariff refunds on inventory sold, which added 500 basis points to its gross margin. This contributed to a diluted EPS of $0.04, improving from a loss of $0.01 in the prior year, despite missing analyst consensus estimates.
Show more
Updated on 8/19/2026
Warby Parker (WRBY) stock has gained about 25% since 4/30/2026 because of the following key factors:
1. Strong Fiscal First Quarter 2026 Financial Performance and Reaffirmed Full-Year Guidance.
Warby Parker reported fiscal Q1 2026 (ended March 31, 2026) net revenue of $242.4 million, an 8.3% increase year-over-year, surpassing its own guidance. Adjusted EBITDA reached $29.6 million, also exceeding guidance. The company reaffirmed its full-year 2026 revenue guidance of $959 million to $976 million, representing approximately 10%-12% year-over-year growth, and adjusted EBITDA guidance of $117 million to $119 million.
2. Significant Tariff Refunds Boosting Fiscal Second Quarter 2026 Profitability.
In fiscal Q2 2026 (ended June 30, 2026), Warby Parker's gross profit significantly improved to $136.5 million, or 57.9% of revenue, compared to 53.0% in the prior year. This increase was primarily driven by an $11.8 million benefit from IEEPA tariff refunds on inventory sold, which added 500 basis points to its gross margin. This contributed to a diluted EPS of $0.04, improving from a loss of $0.01 in the prior year, despite missing analyst consensus estimates.
3. Anticipation and Investment in Upcoming Intelligent Eyewear Launch.
Warby Parker continued to highlight its preparation for the launch of "intelligent eyewear" in partnership with Google during 2026. The company noted that the tariff refunds received in fiscal Q2 2026 would help offset spending ahead of this strategic product introduction, signaling continued investment and a potential new growth avenue that generated investor interest.
4. Sustained Retail Store Expansion.
The company consistently expanded its physical footprint, opening 14 net new stores in fiscal Q1 2026, bringing the total to 337 locations. An additional 15 net new stores were opened in fiscal Q2 2026, ending the period with 352 locations. Management has identified a long-term opportunity for over 900 stores, indicating a clear path for continued growth.
5. Positive Analyst Sentiment and Price Target Upgrades.
Several financial analysts issued "Buy" or "Outperform" ratings for Warby Parker stock and raised their price targets during the period. For instance, Telsey Advisory Group increased its price target from $32.00 to $33.00 with an "outperform" rating, and BTIG Research reaffirmed a "buy" rating. The consensus analyst rating for WRBY is "Moderate Buy," with an average price target ranging from $30.18 to $30.46, suggesting further upside potential from current levels.
Show less
Warby Parker (WRBY) stock has gained about 25% since 4/30/2026 because of the following key factors:
1. Strong Fiscal First Quarter 2026 Financial Performance and Reaffirmed Full-Year Guidance.
Warby Parker reported fiscal Q1 2026 (ended March 31, 2026) net revenue of $242.4 million, an 8.3% increase year-over-year, surpassing its own guidance. Adjusted EBITDA reached $29.6 million, also exceeding guidance. The company reaffirmed its full-year 2026 revenue guidance of $959 million to $976 million, representing approximately 10%-12% year-over-year growth, and adjusted EBITDA guidance of $117 million to $119 million.
2. Significant Tariff Refunds Boosting Fiscal Second Quarter 2026 Profitability.
In fiscal Q2 2026 (ended June 30, 2026), Warby Parker's gross profit significantly improved to $136.5 million, or 57.9% of revenue, compared to 53.0% in the prior year. This increase was primarily driven by an $11.8 million benefit from IEEPA tariff refunds on inventory sold, which added 500 basis points to its gross margin. This contributed to a diluted EPS of $0.04, improving from a loss of $0.01 in the prior year, despite missing analyst consensus estimates.
3. Anticipation and Investment in Upcoming Intelligent Eyewear Launch.
Warby Parker continued to highlight its preparation for the launch of "intelligent eyewear" in partnership with Google during 2026. The company noted that the tariff refunds received in fiscal Q2 2026 would help offset spending ahead of this strategic product introduction, signaling continued investment and a potential new growth avenue that generated investor interest.
4. Sustained Retail Store Expansion.
The company consistently expanded its physical footprint, opening 14 net new stores in fiscal Q1 2026, bringing the total to 337 locations. An additional 15 net new stores were opened in fiscal Q2 2026, ending the period with 352 locations. Management has identified a long-term opportunity for over 900 stores, indicating a clear path for continued growth.
5. Positive Analyst Sentiment and Price Target Upgrades.
Several financial analysts issued "Buy" or "Outperform" ratings for Warby Parker stock and raised their price targets during the period. For instance, Telsey Advisory Group increased its price target from $32.00 to $33.00 with an "outperform" rating, and BTIG Research reaffirmed a "buy" rating. The consensus analyst rating for WRBY is "Moderate Buy," with an average price target ranging from $30.18 to $30.46, suggesting further upside potential from current levels.
Show less
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Stock Movement Drivers
Fundamental Drivers
The 24.1% change in WRBY stock from 4/30/2026 to 8/23/2026 was primarily driven by a 351.2% change in the company's Net Income Margin (%).| (LTM values as of) | 4302026 | 8232026 | Change |
|---|---|---|---|
| Stock Price ($) | 22.12 | 27.44 | 24.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 872 | 912 | 4.6% |
| Net Income Margin (%) | 0.2% | 0.8% | 351.2% |
| P/E Multiple | 1,660.6 | 439.3 | -73.5% |
| Shares Outstanding (Mil) | 123 | 124 | -0.6% |
| Cumulative Contribution | 24.1% |
Market Drivers
4/30/2026 to 8/23/2026| Return | Correlation | |
|---|---|---|
| WRBY | 24.1% | |
| Market (SPY) | 6.5% | 34.2% |
| Sector (XLY) | -0.3% | 36.8% |
Fundamental Drivers
The 7.6% change in WRBY stock from 1/31/2026 to 8/23/2026 was primarily driven by a 907.5% change in the company's Net Income Margin (%).| (LTM values as of) | 1312026 | 8232026 | Change |
|---|---|---|---|
| Stock Price ($) | 25.51 | 27.44 | 7.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 851 | 912 | 7.2% |
| Net Income Margin (%) | 0.1% | 0.8% | 907.5% |
| P/E Multiple | 4,374.9 | 439.3 | -90.0% |
| Shares Outstanding (Mil) | 123 | 124 | -0.8% |
| Cumulative Contribution | 7.6% |
Market Drivers
1/31/2026 to 8/23/2026| Return | Correlation | |
|---|---|---|
| WRBY | 7.6% | |
| Market (SPY) | 11.0% | 39.2% |
| Sector (XLY) | -2.4% | 42.6% |
Fundamental Drivers
The 14.6% change in WRBY stock from 7/31/2025 to 8/23/2026 was primarily driven by a 14.7% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 7312025 | 8232026 | Change |
|---|---|---|---|
| Stock Price ($) | 23.95 | 27.44 | 14.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 795 | 912 | 14.7% |
| P/S Multiple | 3.7 | 3.7 | 1.6% |
| Shares Outstanding (Mil) | 122 | 124 | -1.6% |
| Cumulative Contribution | 14.6% |
Market Drivers
7/31/2025 to 8/23/2026| Return | Correlation | |
|---|---|---|
| WRBY | 14.6% | |
| Market (SPY) | 22.2% | 37.1% |
| Sector (XLY) | 7.2% | 38.9% |
Fundamental Drivers
The 83.7% change in WRBY stock from 7/31/2023 to 8/23/2026 was primarily driven by a 47.8% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 7312023 | 8232026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.94 | 27.44 | 83.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 617 | 912 | 47.8% |
| P/S Multiple | 2.8 | 3.7 | 32.6% |
| Shares Outstanding (Mil) | 116 | 124 | -6.3% |
| Cumulative Contribution | 83.7% |
Market Drivers
7/31/2023 to 8/23/2026| Return | Correlation | |
|---|---|---|
| WRBY | 83.7% | |
| Market (SPY) | 73.2% | 42.6% |
| Sector (XLY) | 38.9% | 43.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| WRBY Return | -15% | -71% | 5% | 72% | -10% | 26% | -50% |
| Peers Return | 11% | -21% | -7% | -16% | 44% | -12% | -13% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| WRBY Win Rate | 25% | 50% | 50% | 58% | 67% | 62% | |
| Peers Win Rate | 62% | 47% | 50% | 44% | 56% | 50% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| WRBY Max Drawdown | - | -76% | -45% | -28% | -51% | -30% | |
| Peers Max Drawdown | -24% | -48% | -40% | -33% | -32% | -33% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: EYE, BLCO, COO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/21/2026 (YTD)
How Low Can It Go
| Event | WRBY | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -45.1% | -18.8% |
| % Gain to Breakeven | 82.2% | 23.1% |
| Time to Breakeven | 114 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -17.9% | -7.8% |
| % Gain to Breakeven | 21.7% | 8.5% |
| Time to Breakeven | 12 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -30.0% | -9.5% |
| % Gain to Breakeven | 42.9% | 10.5% |
| Time to Breakeven | 53 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -34.5% | -6.7% |
| % Gain to Breakeven | 52.6% | 7.1% |
| Time to Breakeven | 131 days | 31 days |
In The Past
Warby Parker's stock fell -45.1% during the 2025 US Tariff Shock. Such a loss loss requires a 82.2% gain to breakeven.
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Asset Allocation
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| Event | WRBY | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -45.1% | -18.8% |
| % Gain to Breakeven | 82.2% | 23.1% |
| Time to Breakeven | 114 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -30.0% | -9.5% |
| % Gain to Breakeven | 42.9% | 10.5% |
| Time to Breakeven | 53 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -34.5% | -6.7% |
| % Gain to Breakeven | 52.6% | 7.1% |
| Time to Breakeven | 131 days | 31 days |
In The Past
Warby Parker's stock fell -45.1% during the 2025 US Tariff Shock. Such a loss loss requires a 82.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Warby Parker (WRBY)
Warby Parker Inc. (WRBY) is an eyewear and eye care company that operates through a direct-to-consumer (DTC) model in the United States and Canada. The company provides a comprehensive suite of vision products and services, primarily reaching customers through its network of over 160 retail stores, along with its e-commerce website and mobile applications. This integrated approach allows Warby Parker to offer accessible and convenient eye care solutions directly to consumers.
The company's main offerings include a diverse range of prescription eyeglasses, sunglasses, and contact lenses. It also provides advanced lens options such as light-responsive and blue-light-filtering lenses to meet varying customer needs. Beyond eyewear, Warby Parker offers essential accessories like cases, anti-fog spray, and lens kits. Crucially, it integrates eye exams and vision tests into its service model, enabling customers to receive complete vision care directly from the company.
AI Analysis | Feedback
Warby Parker is like Everlane for glasses, offering direct-to-consumer, stylish, and transparently priced eyewear with a strong brand presence online and in stores.
Warby Parker is like an Apple Store for eyewear, combining stylish products, integrated services (eye exams), and a modern, brand-focused retail experience.
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- Eyeglasses: Corrective eyewear designed to improve vision.
- Sunglasses: Eyewear that protects eyes from sunlight, available with or without prescription.
- Specialty Lenses: Lenses with enhanced features such as light responsiveness and blue-light filtering.
- Contact Lenses: Corrective lenses worn directly on the eye instead of frames.
- Eyewear Accessories: Supplemental products like cases, anti-fog sprays, and lens kits to care for eyewear.
- Eye Exams and Vision Tests: Professional services provided to assess eye health and determine vision prescriptions.
AI Analysis | Feedback
Warby Parker primarily sells directly to individuals. The company does not have major corporate customers.
Here are up to three categories of customers that Warby Parker serves:
- Individuals Seeking Prescription Eyewear: This category includes consumers who require prescription eyeglasses or contact lenses for vision correction. This often encompasses individuals looking for specific lens features such as blue-light filtering, light-responsive technology, or progressive lenses.
- Fashion-Conscious Consumers and Sunglass Buyers: This category targets individuals who view eyewear as a fashion accessory, purchasing frames and sunglasses for style, without necessarily needing prescription correction. It also includes those seeking high-quality sunglasses for UV protection.
- Customers Utilizing Integrated Eye Care Services: This group consists of individuals who leverage Warby Parker's in-store eye exams and vision tests, often leading to subsequent purchases of eyewear. These customers value the convenience of an integrated experience that combines eye health services with direct access to eyewear products.
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- Johnson & Johnson (JNJ)
- Alcon Inc. (ALC)
- CooperCompanies Inc. (COO)
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Neil Blumenthal Co-Founder and Co-Chief Executive Officer
Neil Blumenthal co-founded Warby Parker in 2010. Prior to launching Warby Parker, he served as the director of VisionSpring, a nonprofit social enterprise that trained low-income women to establish businesses selling affordable eyeglasses in developing countries. He also serves as a General Partner of Good Friends, LLC, a venture capital firm, since September 2019. Mr. Blumenthal holds a BA from Tufts University and an MBA from The Wharton School of the University of Pennsylvania.
Dave Gilboa Co-Founder and Co-Chief Executive Officer
Dave Gilboa co-founded Warby Parker in 2010. Before Warby Parker, he was an associate at the merchant bank Allen & Company, where he invested in seed-stage and venture-stage healthcare and digital media companies and advised on M&A transactions. He also worked at Bain & Company, developing business strategies, and held roles at The TriZetto Group, Genomic Health, and Crescendo Bioscience. Mr. Gilboa also serves as a General Partner of Good Friends, LLC, a venture capital firm, since September 2019. He earned a BS in Bioengineering from UC Berkeley and an MBA from The Wharton School of the University of Pennsylvania.
Adrian Mitchell Principal Financial Officer and Principal Accounting Officer
Adrian Mitchell was appointed Principal Financial Officer and Principal Accounting Officer, effective February 10, 2026. He serves on the Board of Directors of Stanley Black & Decker and is a member of its Audit and Finance & Pension Committees. Mr. Mitchell holds an MBA from Harvard Business School and a bachelor's degree in chemical engineering from Louisiana State University.
Sandy Gilsenan SVP Chief Retail and Customer Experience Officer
Sandy Gilsenan oversees Warby Parker's retail operations, customer service, and eye care and vision services. Prior to joining Warby Parker, she held various store and corporate operations roles at Gap Inc. for both Banana Republic and Old Navy, before moving to Nordstrom and then J. Crew.
Kim Nemser Chief Product and Supply Chain Officer
Kim Nemser leads Warby Parker's merchandising, planning, product strategy, sourcing and product development, manufacturing, and supply chain operations across the business.
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Here are the key risks to Warby Parker's business:
- Historical Losses and Profitability Challenges: Warby Parker has a history of operating losses and faces challenges in achieving sustained profitability despite its strong brand and customer base. The company's growth initiatives, including retail store expansions and technology investments, require significant capital, which could impact its financial stability if not managed effectively. High spending on selling, general, and administrative (SG&A) expenses, particularly marketing, contributes to these profitability concerns.
- Intense Competitive Pressure: The optical industry is highly competitive, with numerous large integrated players dominating the market. Warby Parker must continuously innovate and maintain its distinct brand positioning to compete effectively against both established eyewear brands and new direct-to-consumer entrants. Failure to do so could result in a loss of market share, especially as competitors may undercut prices and improve their online offerings, potentially squeezing Warby Parker's mid-tier brand positioning.
- Supply Chain and Operational Risks: Warby Parker's reliance on a limited number of suppliers and manufacturers introduces risks to its operational efficiency and ability to meet customer demand. Disruptions in the supply chain, whether due to external factors or internal issues, could adversely affect the company's ability to deliver products timely and maintain its reputation for quality. For instance, a significant portion of the cellulose acetate used in its frames is sourced from a single supplier. The company is also exposed to the impacts of tariffs, particularly from goods sourced in China, which has affected gross margins.
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Warby Parker operates in several addressable markets within the eyewear industry. Based on available data, the estimated market sizes for its main products and services are as follows:
- Eyeglasses (Prescription Eyewear - Frames & Lenses): The estimated addressable market for eyeglasses in the U.S. was approximately $36.8 billion in 2025. This is derived from the U.S. eyewear market size of USD 49.1 billion in 2025, with spectacles (eyeglasses) accounting for 75% of the U.S. eyewear market in 2023.
- Sunglasses: The addressable market for sunglasses in North America was approximately USD 13.59 billion in 2025. This is calculated based on the global sunglasses market size of USD 43.03 billion in 2025, with North America accounting for a 31.60% share. Warby Parker operates in both the United States and Canada, making the North American market size a relevant addressable market.
- Contact Lenses: The addressable market for contact lenses in the U.S. was valued at $10.94 billion in 2022.
- Eye Exams and Vision Tests: The addressable market for eye care services, which includes vision testing and eye exams, in the U.S. was estimated at USD 54.85 billion in 2024.
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Warby Parker (WRBY) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:
- Retail Store Expansion: Warby Parker plans to continue expanding its physical retail footprint, with approximately 50 new store openings anticipated in 2026, primarily in existing markets. This strategic expansion is aimed at enhancing brand awareness and improving customer accessibility. The company sees a long-term potential of at least 900 stores in North America.
- Enhanced Product and Service Offerings: The company anticipates growth from increasing its active customer base and boosting average revenue per customer. This will be achieved through a higher mix of premium lenses like progressives, sustained growth in contact lens sales, broader adoption of in-store eye exams, and the regular introduction of new frame collections and lens enhancements, supported by selective price adjustments.
- Launch of AI-powered Eyewear: Warby Parker is collaborating with Google and Samsung to develop and launch lightweight AI-enabled glasses in 2026. This new product category is expected to tap into a significant new total addressable market.
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Share Repurchases
- Warby Parker authorized a $100 million share repurchase program for its Class A common stock in February 2026.
- This program does not have a fixed expiration date and can be modified, suspended, or terminated at the discretion of the company's Board of Directors.
Share Issuance
- Warby Parker went public via a direct listing on the New York Stock Exchange (NYSE) on September 29, 2021, under the ticker symbol WRBY.
- Through the direct listing, existing shareholders offered up to 77.7 million Class A shares, with some reports indicating 92.5 million Class A common stock shares were available for public offering.
- Unlike a traditional IPO, the direct listing did not involve the company issuing new shares to raise capital.
Inbound Investments
- As a private company, Warby Parker raised over $536 million in funding.
- Its last funding rounds (Series F and G) in 2020 collectively brought in $245 million in working capital.
- The company has received institutional financial backing from firms such as T. Rowe Price and Tiger Global Management.
Outbound Investments
- Warby Parker announced a strategic partnership with Google on December 4, 2025, to develop AI-powered smart glasses, indicating an investment in new product innovation.
Capital Expenditures
- Capital expenditures have remained moderate, typically ranging from $15–20 million per quarter, primarily focused on reinvestment in stores and infrastructure.
- The company opened 47 net new stores in 2025, bringing its total to 323 locations.
- Warby Parker plans to continue its retail footprint expansion, with targets of 40 new stores in 2024 and 50 new store openings projected for 2026.
Peer Outperformance in Apparel, Accessories & Luxury Goods
nullShare of Apparel, Accessories & Luxury Goods constituents that WRBY has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
39%
of 28 industry peers · 1.6% return
3Y
82%
of 28 industry peers · 136.8% return
5Y
—
insufficient peer history
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Median price return by industry across the Consumer Discretionary sector, ranked by 5Y. Apparel, Accessories & Luxury Goods is WRBY's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Education Services | 14 | -15.1% | 104.4% | 70.4% | LINC 308% · CVSA 272% · UTI 226% |
| Homebuilding | 18 | -4.9% | 33.0% | 52.4% | GRBK 187% · TOL 154% · PHM 152% |
| Hotels, Resorts & Cruise Lines | 22 | 17.7% | 57.3% | 13.0% | RCL 262% · MAR 172% · HLT 161% |
| Automotive Retail | 18 | -13.8% | 3.3% | 12.5% | MUSA 280% · PAG 182% · ORLY 123% |
| Specialty Stores | 7 | -5.5% | 42.9% | 7.7% | DKS 87% · ASO 21% · SIG 18% |
| Home Improvement Retail | 5 | -16.5% | 2.9% | 7.2% | LOW 17% · HD 17% · HVT 7% |
| Casinos & Gaming | 20 | -7.2% | -23.5% | -1.6% | BRAG 1014% · MCRI 108% · RSI 85% |
| Specialized Consumer Services | 10 | -11.3% | 20.7% | -6.8% | HRB 149% · FTDR 96% · SCI 45% |
| Distributors | 4 | -8.0% | -23.7% | -8.4% | ARMK 156% · GPC 25% · LKQ -42% |
| Restaurants | 34 | -7.4% | -4.8% | -8.4% | EAT 355% · CAKE 190% · RAVE 157% |
| Home Furnishings | 4 | -2.8% | 32.1% | -13.2% | SGI 56% · LZB 7% · MHK -33% |
| Footwear | 9 | 58.9% | 47.3% | -15.8% | WEYS 151% · DECK 26% · SHOO 24% |
| Automotive Parts & Equipment | 38 | -9.1% | -4.5% | -32.1% | MOD 1421% · GTX 271% · STRT 101% |
| Leisure Products | 13 | -4.0% | -8.6% | -33.6% | GOLF 82% · HAS 17% · MCFT -1% |
| Apparel, Accessories & Luxury Goods ← | 27 | 3.5% | -0.4% | -36.1% | TPR 242% · RL 242% · ELA 229% |
| Household Appliances | 18 | 7.7% | 40.2% | -40.2% | KEQU 178% · FLXS 142% · HBB 120% |
| Apparel Retail | 25 | -1.4% | 6.2% | -41.4% | DXLG 187% · ANF 162% · ROST 104% |
| Leisure Facilities | 12 | -15.2% | -6.3% | -41.6% | OSW 161% · JAKK 111% · ESCA 11% |
| Broadline Retail | 15 | 5.9% | 12.6% | -50.7% | DDS 285% · AMZN 56% · EBAY 56% |
| Computer & Electronics Retail | 3 | -19.2% | 11.3% | -61.6% | BBY -11% · UPBD -62% · GME -65% |
| Automobile Manufacturers | 8 | -70.4% | -66.3% | -69.6% | GM 85% · TSLA 54% · F 50% |
| Consumer Electronics | 11 | -18.5% | -22.8% | -76.7% | AXIL 2369% · GRMN 88% · TBCH -55% |
| Other Specialty Retail | 18 | -28.1% | -41.5% | -78.8% | BBW 189% · TLF 105% · WINA 96% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 22.66 |
| Mkt Cap | 4.8 |
| Rev LTM | 3,132 |
| Op Inc LTM | 246 |
| FCF LTM | 93 |
| FCF 3Y Avg | 40 |
| CFO LTM | 294 |
| CFO 3Y Avg | 196 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 8.3% |
| Rev Chg 3Y Avg | 10.1% |
| Rev Chg Q | 8.5% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Inc Chg LTM | 101.6% |
| Op Inc Chg 3Y Avg | 62.3% |
| Op Mgn LTM | 5.9% |
| Op Mgn 3Y Avg | 3.6% |
| QoQ Delta Op Mgn LTM | 0.6% |
| CFO/Rev LTM | 9.5% |
| CFO/Rev 3Y Avg | 9.7% |
| FCF/Rev LTM | 2.5% |
| FCF/Rev 3Y Avg | 3.3% |
Price Behavior
Price Behavior
| Market Price | $27.44 | |
| Market Cap ($ Bil) | 3.4 | |
| First Trading Date | 09/29/2021 | |
| Distance from 52W High | -9.6% | |
| 50 Days | 200 Days | |
| DMA Price | $26.84 | $24.45 |
| DMA Trend | up | up |
| Distance from DMA | 2.2% | 12.2% |
| 3M | 1YR | |
| Volatility | 59.8% | 74.7% |
| Downside Capture | 267.47 | 251.35 |
| Upside Capture | 278.93 | 202.16 |
| Correlation (SPY) | 47.2% | 36.7% |
WRBY Betas & Captures as of 7/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.84 | 1.74 | 1.68 | 2.02 | 2.05 | 1.74 |
| Up Beta | -0.57 | -0.03 | 0.26 | 0.96 | 1.43 | 1.76 |
| Down Beta | -0.87 | 1.79 | 2.17 | 2.71 | 2.55 | 1.63 |
| Up Capture | 256% | 303% | 267% | 273% | 328% | 776% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 9 | 22 | 33 | 67 | 125 | 372 |
| Down Capture | 400% | 180% | 164% | 190% | 159% | 111% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 13 | 21 | 30 | 59 | 127 | 373 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WRBY | |
|---|---|---|---|---|
| WRBY | 3.3% | 74.4% | 0.34 | - |
| Sector ETF (XLY) | 4.3% | 19.6% | 0.10 | 38.5% |
| Equity (SPY) | 21.1% | 12.9% | 1.22 | 36.8% |
| Gold (GLD) | 37.5% | 28.8% | 1.10 | 12.0% |
| Commodities (DBC) | 43.2% | 20.2% | 1.66 | -15.2% |
| Real Estate (VNQ) | 12.9% | 13.8% | 0.64 | 22.5% |
| Bitcoin (BTCUSD) | -31.6% | 44.1% | -0.73 | 22.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WRBY | |
|---|---|---|---|---|
| WRBY | -12.4% | 66.5% | 0.07 | - |
| Sector ETF (XLY) | 6.2% | 24.1% | 0.22 | 51.6% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 49.6% |
| Gold (GLD) | 20.6% | 18.6% | 0.90 | 9.5% |
| Commodities (DBC) | 10.4% | 19.6% | 0.41 | 5.9% |
| Real Estate (VNQ) | 2.3% | 18.9% | 0.02 | 37.8% |
| Bitcoin (BTCUSD) | 10.4% | 52.8% | 0.38 | 26.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WRBY | |
|---|---|---|---|---|
| WRBY | -6.4% | 66.5% | 0.07 | - |
| Sector ETF (XLY) | 12.3% | 22.2% | 0.51 | 51.6% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 49.6% |
| Gold (GLD) | 12.7% | 16.2% | 0.64 | 9.5% |
| Commodities (DBC) | 8.0% | 18.0% | 0.36 | 5.9% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | 37.8% |
| Bitcoin (BTCUSD) | 63.1% | 66.1% | 1.03 | 26.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/17/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | -7.9% | -13.5% | |
| 5/7/2026 | 23.5% | 29.3% | 3.1% |
| 2/26/2026 | 17.8% | 25.7% | 1.0% |
| 11/6/2025 | -11.1% | -8.2% | 11.6% |
| 8/7/2025 | -3.4% | 10.3% | 7.1% |
| 5/8/2025 | 2.8% | 8.2% | 33.5% |
| 2/27/2025 | 2.3% | -1.1% | -20.0% |
| 11/7/2024 | 1.8% | 11.3% | 25.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 10 | 10 | 9 |
| # Negative | 8 | 8 | 8 |
| Median Positive | 12.0% | 14.3% | 12.6% |
| Median Negative | -5.7% | -11.2% | -15.2% |
| Max Positive | 23.5% | 29.3% | 33.7% |
| Max Negative | -24.0% | -21.0% | -23.6% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | -7.9% | -13.5% | |
| 5/7/2026 | 23.5% | 29.3% | 3.1% |
| 2/26/2026 | 17.8% | 25.7% | 1.0% |
| 11/6/2025 | -11.1% | -8.2% | 11.6% |
| 8/7/2025 | -3.4% | 10.3% | 7.1% |
| 5/8/2025 | 2.8% | 8.2% | 33.5% |
| 2/27/2025 | 2.3% | -1.1% | -20.0% |
| 11/7/2024 | 1.8% | 11.3% | 25.4% |
| 8/8/2024 | -0.1% | -9.0% | -6.8% |
| 5/9/2024 | 18.0% | 26.4% | 33.7% |
| 2/28/2024 | -15.0% | -19.4% | -11.9% |
| 11/8/2023 | -24.0% | -21.0% | -23.1% |
| 8/9/2023 | -3.5% | -13.4% | -15.4% |
| 5/9/2023 | 0.3% | 0.2% | -0.7% |
| 2/28/2023 | -0.5% | -6.0% | -23.6% |
| 11/10/2022 | 14.9% | 26.8% | 24.7% |
| 8/11/2022 | 19.2% | 17.2% | 12.6% |
| 11/12/2021 | 9.0% | 1.2% | -15.0% |
| SUMMARY STATS | |||
| # Positive | 10 | 10 | 9 |
| # Negative | 8 | 8 | 8 |
| Median Positive | 12.0% | 14.3% | 12.6% |
| Median Negative | -5.7% | -11.2% | -15.2% |
| Max Positive | 23.5% | 29.3% | 33.7% |
| Max Negative | -24.0% | -21.0% | -23.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/29/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/29/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
| 03/31/2022 | 05/16/2022 | 10-Q |
| 12/31/2021 | 03/18/2022 | 10-K |
| 09/30/2021 | 11/12/2021 | 10-Q |
| 06/30/2021 | 09/29/2021 | 424B4 |
Recent Forward Guidance
Updated 8/7/2026Latest: Q2 2026 Earnings Reported 8/6/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue | 959.00 Mil | 967.50 Mil | 976.00 Mil | 0 | Affirmed | Guidance: 967.50 Mil for 2026 | |
| 2026 Revenue Growth | 10.0% | 11.0% | 12.0% | ||||
| 2026 Adjusted EBITDA | 117.00 Mil | 118.00 Mil | 119.00 Mil | 0 | Affirmed | Guidance: 118.00 Mil for 2026 | |
| 2026 New Store Openings | 50 | 0 | Affirmed | Guidance: 50 for 2026 | |||
Prior: Q1 2026 Earnings Reported 5/7/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Net Revenue | 959.00 Mil | 967.50 Mil | 976.00 Mil | 0 | Affirmed | Guidance: 967.50 Mil for 2026 | |
| 2026 Adjusted EBITDA | 117.00 Mil | 118.00 Mil | 119.00 Mil | 0 | Affirmed | Guidance: 118.00 Mil for 2026 | |
| 2026 Adjusted EBITDA Margin | 12.2% | ||||||
| 2026 New Store Openings | 50 | 0 | Affirmed | Guidance: 50 for 2026 | |||
Q4 2025 Earnings Reported 2/26/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue | 959.00 Mil | 967.50 Mil | 976.00 Mil | 10.9% | Higher New | Actual: 872.50 Mil for 2025 | |
| 2026 Revenue Growth | 10.0% | 11.0% | 12.0% | -2.0% | Lower New | Actual: 13.0% for 2025 | |
| 2026 Adjusted EBITDA | 117.00 Mil | 118.00 Mil | 119.00 Mil | 18.6% | Higher New | Actual: 99.50 Mil for 2025 | |
| 2026 New Store Openings | 50 | 11.1% | Higher New | Actual: 45 for 2025 | |||
Q3 2025 Earnings Reported 11/6/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Revenue | 871.00 Mil | 872.50 Mil | 874.00 Mil | -1.3% | Lowered | Guidance: 884.00 Mil for 2025 | |
| 2025 Revenue Growth | 13.0% | -1.5% | Lowered | Guidance: 14.5% for 2025 | |||
| 2025 Adjusted EBITDA | 98.00 Mil | 99.50 Mil | 101.00 Mil | 0 | Affirmed | Guidance: 99.50 Mil for 2025 | |
| 2025 Adjusted EBITDA Margin | 11.3% | 11.45% | 11.6% | 0.2% | Raised | Guidance: 11.25% for 2025 | |
| 2025 New Store Openings | 45 | 0 | Affirmed | Guidance: 45 for 2025 | |||
Insider Activity
Updated 8/14/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Gilboa, David Abraham | Co-Chief Executive Officer | Direct | Sell | 7082026 | 29.84 | 54,347 | 1,621,714 | 928,382 | Form |
| 2 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 7082026 | 29.99 | 9,200 | 275,908 | 933,049 | Form |
| 3 | Gilboa, David Abraham | Co-Chief Executive Officer | Direct | Sell | 7022026 | 29.69 | 242,221 | 7,191,541 | 923,715 | Form |
| 4 | Raider, Jeffrey Jacob | Direct | Sell | 7022026 | 29.72 | 22,500 | 668,700 | 12,934,174 | Form | |
| 5 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 7022026 | 29.61 | 217,667 | 6,445,120 | 921,226 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Gilboa, David Abraham | Co-Chief Executive Officer | Direct | Sell | 7082026 | 29.84 | 54,347 | 1,621,714 | 928,382 | Form |
| 2 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 7082026 | 29.99 | 9,200 | 275,908 | 933,049 | Form |
| 3 | Gilboa, David Abraham | Co-Chief Executive Officer | Direct | Sell | 7022026 | 29.69 | 242,221 | 7,191,541 | 923,715 | Form |
| 4 | Raider, Jeffrey Jacob | Direct | Sell | 7022026 | 29.72 | 22,500 | 668,700 | 12,934,174 | Form | |
| 5 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 7022026 | 29.61 | 217,667 | 6,445,120 | 921,226 | Form |
| 6 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 7012026 | 30.04 | 36,300 | 1,090,452 | 1,786,148 | Form |
| 7 | Briggs, Teresa | Direct | Sell | 6182026 | 25.94 | 5,000 | 129,683 | 1,267,859 | Form | |
| 8 | Moon, Youngme E | Direct | Sell | 6122026 | 26.53 | 10,000 | 265,300 | 691,398 | Form | |
| 9 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 5212026 | 30.03 | 63,040 | 1,893,091 | 1,506,455 | Form |
| 10 | Singer, Bradley E | Bradley Singer Revocable Trust | Sell | 5152026 | 29.01 | 4,833 | 140,205 | 2,901,000 | Form | |
| 11 | Singer, Bradley E | Bradley Singer Revocable Trust | Sell | 5152026 | 28.51 | 20,167 | 574,961 | 2,988,789 | Form | |
| 12 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 4202026 | 25.09 | 22,442 | 563,070 | 1,258,640 | Form |
| 13 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 4202026 | 24.56 | 75,213 | 1,847,592 | 1,232,293 | Form |
| 14 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 4202026 | 24.08 | 2,345 | 56,468 | 1,207,973 | Form |
| 15 | Raider, Jeffrey Jacob | Direct | Sell | 3132026 | 25.43 | 25,000 | 635,750 | 11,410,365 | Form | |
| 16 | Singer, Bradley E | Direct | Sell | 3062026 | 27.53 | 15,793 | 434,781 | 441,196 | Form | |
| 17 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 1152026 | 29.99 | 660 | 19,793 | 1,113,199 | Form |
| 18 | Gilboa, David Abraham | Co-Chief Executive Officer | Direct | Sell | 1152026 | 29.46 | 80,094 | 2,359,569 | 1,097,297 | Form |
| 19 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 1062026 | 25.09 | 150,000 | 3,763,500 | 931,316 | Form |
| 20 | Gilboa, David Abraham | Co-Chief Executive Officer | Direct | Sell | 1062026 | 24.29 | 50,000 | 1,214,500 | 904,730 | Form |
| 21 | Gilboa, David Abraham | Co-Chief Executive Officer | Direct | Sell | 1062026 | 22.46 | 25,000 | 561,500 | 836,568 | Form |
| 22 | Cutler, Joel E | Randi & Joel Cutler Family Foundation | Sell | 12182025 | 26.01 | 19,932 | 518,477 | 520,246 | Form | |
| 23 | Raider, Jeffrey Jacob | Direct | Sell | 12152025 | 27.42 | 25,000 | 685,500 | 13,257,159 | Form | |
| 24 | Moon, Youngme E | Direct | Sell | 12152025 | 29.07 | 38,832 | 1,128,846 | 786,547 | Form | |
| 25 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 12152025 | 30.29 | 100,000 | 3,029,000 | 1,124,335 | Form |
| 26 | Gilboa, David Abraham | Co-Chief Executive Officer | Direct | Sell | 12152025 | 30.20 | 200,000 | 6,040,000 | 1,124,859 | Form |
| 27 | Gilboa, David Abraham | Co-Chief Executive Officer | Direct | Sell | 10032025 | 27.30 | 125,000 | 3,412,500 | 897,105 | Form |
| 28 | Gilboa, David Abraham | Co-Chief Executive Officer | Direct | Sell | 9192025 | 27.58 | 58,360 | 1,609,569 | 906,306 | Form |
| 29 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 9192025 | 27.52 | 8,416 | 231,608 | 900,812 | Form |
| 30 | Gilboa, David Abraham | Co-Chief Executive Officer | Direct | Sell | 9192025 | 27.52 | 600 | 16,512 | 904,335 | Form |
| 31 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 9192025 | 27.52 | 500 | 13,760 | 900,812 | Form |
| 32 | Gilboa, David Abraham | Co-Chief Executive Officer | Direct | Sell | 9152025 | 27.53 | 41,040 | 1,129,831 | 904,663 | Form |
| 33 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 9152025 | 27.53 | 41,084 | 1,131,043 | 901,139 | Form |
| 34 | Cutler, Joel E | Randi & Joel Cutler Family Foundation | Sell | 9102025 | 26.75 | 35,000 | 936,352 | 533,239 | Form | |
| 35 | Blumenthal, Neil Harris | Co-Chief Executive Officer | Direct | Sell | 8132025 | 25.11 | 50,000 | 1,255,500 | 711,793 | Form |
| 36 | Briggs, Teresa | Direct | Sell | 8132025 | 23.56 | 6,000 | 141,360 | 1,057,349 | Form |
Investor Activity (13F)
Updated Aug 24, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Apparel, Accessories & Luxury Goods Resources |
| Vogue Business |
| Jing Daily |
| Luxury Daily |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 8/23/2026