ADDED
As of February 24, 2026, there were 106,768,721 shares of the registrant's Class A common stock and 15,679,056 shares of the registrant s Class B common stock outstanding.
In addition, statements such as we believe and similar statements reflect our beliefs and opinions on the relevant subject.
Risks Related to Our Business and Industry We have limited experience at our current scale.
Disruptions to our supply chain can have a material adverse effect on our business, financial condition, and operating results.
We rely heavily on our information technology systems, as well as those of our third-party vendors, business partners, and service providers, for our business to effectively operate and to safeguard confidential information.
Any significant failure, inadequacy, interruption, or cybersecurity incident could adversely affect our business, financial condition, and operations.
Our use of artificial intelligence may result in operational disruptions, reputational harm, competitive challenges, regulatory scrutiny, liability, or security risks that could adversely affect our business, financial condition, and results of operations.
Strategic investments, partnerships, alliances, or acquisitions, could be difficult to identify, pose integration challenges, divert the attention of management, disrupt our business, dilute stockholder value, and adversely affect our business, financial condition, and results of operations.
As a pioneer of the direct-to-consumer model, we design our glasses in-house at our New York City headquarters and sell directly to customers, enabling us to make high-quality, designer eyewear more accessible, with simple, unified pricing starting at $95 including prescription lenses.
Since our launch, we ve expanded beyond glasses to offer comprehensive eye care, including eye exams, contacts, lens enhancements and tech-enabled experiences like Virtual Try-On and Virtual Vision Test, with an aim to make Warby Parker a convenient, one-stop shop for all eye care needs.
REMOVED
As of February 25, 2025, there were 103,622,991 shares of the registrant's Class A common stock and 17,235,818 shares of the registrant s Class B common stock outstanding.
In addition, statements that we believe and similar statements reflect our beliefs and opinions on the relevant subject.
Risks Related to Our Business and Industry We have grown rapidly in recent years and have limited experience at our current scale.
Increases in component costs, shipping costs, long lead times, supply shortages, and supply changes could disrupt our supply chain and factors such as wage rate increases and inflation can have a material adverse effect on our business, financial condition, and operating results.
We rely heavily on our information technology systems, as well as those of our third-party vendors, business partners, and service providers, for our business to effectively operate and to safeguard confidential information; any significant failure, inadequacy, interruption, or cybersecurity incident could adversely affect our business, financial condition, and operations.
We depend on marketing, advertising and promotional efforts, including search engines, social media platforms, digital application stores, content-based online advertising, and other online sources to attract consumers to and promote our website and our mobile applications, which may be affected by third-party interference beyond our control and as we grow our customer acquisition costs may continue to rise.
The requirements of being a public company may strain our resources, divert management s attention, and affect our ability to attract and retain executive management and qualified board members.
As a pioneer of the direct-to-consumer model, and now through our omnichannel business, we have unlocked access to affordable, quality eye care for millions.
Since day one, Warby Parker s focus on delighting customers and doing good has created a foundation for continuous innovation: We aim to provide customers with the highest-quality product possible by designing glasses at our headquarters in New York City, using custom materials, and selling direct to the customer.
By cutting out the middleman, we are able to sell our products at a lower price than many of our competitors and pass the savings on to our customers.