[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Wall St Engine [@wallstengine](/creator/twitter/wallstengine) on x 72.9K followers Created: 2025-07-10 09:10:59 UTC Citizens JMP Downgrades $WRBY to Market Perform from Market Outperform Analyst comments: "We transfer coverage of Warby Parker with a Market Perform rating. We appreciate Warby Parker’s: 1) value proposition with its designer quality glasses starting at just $95; 2) vertically integrated offering that gives it cost advantages and control of distribution; 3) runway to open new stores while exploring new strategic partnerships, such as its stores within Target; 4) ability to improve revenue per customer and retention, driven by further penetration of Warby’s holistic care strategy; and 5) efficient unit economics as stores deliver XX% four-wall margins and 20-month payback periods, highlighting the potential for margin expansion. However, with consensus accelerating to mid-teens year-over-year growth in 2H25 and 2026 driven by store growth, estimates already reflect Warby Parker’s store build, while we highlight the intense competition within the eyewear category. We see the valuation as reasonable at 21.7x 2026E EBITDA, and we await a better entry point." Analyst: Andrew Boone XXXXX engagements  **Related Topics** [$wrby](/topic/$wrby) [Post Link](https://x.com/wallstengine/status/1943236497500705020)
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Wall St Engine @wallstengine on x 72.9K followers
Created: 2025-07-10 09:10:59 UTC
Citizens JMP Downgrades $WRBY to Market Perform from Market Outperform
Analyst comments: "We transfer coverage of Warby Parker with a Market Perform rating. We appreciate Warby Parker’s: 1) value proposition with its designer quality glasses starting at just $95; 2) vertically integrated offering that gives it cost advantages and control of distribution; 3) runway to open new stores while exploring new strategic partnerships, such as its stores within Target; 4) ability to improve revenue per customer and retention, driven by further penetration of Warby’s holistic care strategy; and 5) efficient unit economics as stores deliver XX% four-wall margins and 20-month payback periods, highlighting the potential for margin expansion. However, with consensus accelerating to mid-teens year-over-year growth in 2H25 and 2026 driven by store growth, estimates already reflect Warby Parker’s store build, while we highlight the intense competition within the eyewear category. We see the valuation as reasonable at 21.7x 2026E EBITDA, and we await a better entry point."
Analyst: Andrew Boone
XXXXX engagements
Related Topics $wrby