Warby Parker: Post-Earnings Strength Not Supported By Earnings (Rating Downgrade)

Warby Parker Inc. stock has surged after Q1 earnings despite weak reported financials. Store expansion drove revenue growth, but same-store sales seemed to plummet due to extreme weather and consumer weakness. WRBY's earnings momentum was slow. The focus remains on WRBY's 2026 AI glasses launch in partnership with Google. Not much is known yet.