Warby Parker beats revenue expectations and boosts full-year outlook as contact lens sales outperform

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Warby Parker beats revenue expectations and boosts full-year outlook as contact lens sales outperform
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Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter @TomiKilgore.

Warby Parker Inc.

reported Wednesday third-quarter revenue that rose above expectations and raised its full-year outlook, amid outperformance in contact lens sales and as average revenue per customer increased. The eyewear retailer’s stock was still inactive in the premarket. Net losses narrowed to $17.4 million, or 15 cents a share, from $23.8 million, or 21 cents a share, in the year-ago period. Excluding nonrecurring items, earnings per share of 1 cent was flat with last year and matched the FactSet consensus.

has lost 2.7%.

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