Company: WRBY
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001504776-25-000010
Chunk: 167

Company: Warby Parker Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1
Chunk 167
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 and the maturation of our business. As a result, you should not rely on our net revenue growth rate for any prior period as an indication of our future performance. Overall growth of our net revenue will depend on a number of factors, including our ability to:

•price our products and services so that we are able to attract new customers, and expand our relationships with existing customers;

•accurately forecast our net revenue and plan our operating expenses;

•successfully compete with other companies that are currently in, or may in the future enter, the industry or the markets in which we compete, and respond to developments from these competitors such as pricing changes and the introduction of new products and services;

•comply with existing and new laws and regulations applicable to our business;

•successfully expand in existing geographic markets and enter new geographic markets, including international markets;

•successfully expand and gain market adoption on our market share by offering customers the ability to pay through managed vision care, vision insurance, and other third-party payors;

•successfully develop new offerings, including new offerings with higher margins, and innovate and enhance our existing products and services and their features, including in response to new trends, competitive dynamics, or the needs of customers;

•successfully identify and acquire or invest in businesses, products, or technologies that we believe could complement or expand our business; 

•avoid interruptions or disruptions in distributing our products and services;

•provide customers with a high-quality experience and customer service and support that meets their needs;

•hire, integrate, and retain talented sales, customer experience, product design, and development and other personnel, including vision care professionals;

•expand vision care services provided by optometrists employed either by us or by independent professional corporations or similar entities or with whom we have contractual arrangements;

•effectively manage growth of our business, personnel, and operations, including new retail store openings;

•effectively manage our costs related to our business and operations, including increased costs related to tariffs; and

•maintain and enhance our reputation and the value of our brand.

Because we have a limited history operating our business at its current scale, it is difficult to evaluate our current business and future prospects, including our ability to plan for and model future growth. Our limited operating experience at this scale, combined with the rapidly evolving nature of the market in which we sell our products and services, substantial uncertainty concerning how these markets may develop, and other economic factors beyond our control, reduces our ability to accurately forecast quarterly or annual revenue. Failure to manage our future growth effectively could