Company: WRBY
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001504776-25-000010
Chunk: 245

Company: Warby Parker Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1
Chunk 245
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 The Company maintains a cybersecurity risk insurance policy that would help defray the costs associated with a covered cybersecurity incident if it occurred.

Item 2. Properties

Our corporate headquarters is located in New York, New York, where we lease approximately 52,983 square feet of space under a lease that expires in August 2036. We also maintain other offices in Nashville, Tennessee, principally for our customer experience employees, where we lease approximately 21,867 square feet of space under a lease that expires in August 2026, as well an additional 11,074 square feet of space in an adjoining building under a lease that expires in 2027. We operate optical laboratories in Sloatsburg, New York, where we lease approximately 51,803 square feet of space under a lease that expires in June 2026, and Las Vegas, Nevada, where we lease approximately 69,580 square feet of space under a lease that expires in August 2031. 

As of December 31, 2024, we operated 271 retail stores across the United States and five retail stores in Canada. All of our retail properties are leased or licensed from third parties under agreements expiring at various dates from 2025 to 

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2036, and the average size of our retail stores is approximately 1,700 square feet as of December 31, 2024. The following table summarizes our domestic retail store locations by state, as of December 31, 2024:

StateRetailStore CountStateRetailStore CountAlabama3Mississippi1Arizona5Missouri5Arkansas1Nebraska1California33Nevada2Colorado6New Jersey13Connecticut6New Mexico1District of Columbia6New York26Florida20North Carolina9Georgia9Ohio6Idaho1Oklahoma2Illinois10Oregon2Indiana2Pennsylvania9Iowa1Rhode Island2Kansas2South Carolina3Kentucky2Tennessee4Louisiana2Texas21Maryland7Utah4Massachusetts14Virginia10Michigan7Washington5Minnesota5Wisconsin3

We believe our facilities are adequate and suitable for our current needs, and that should it be needed, suitable additional or alternative space will be available to accommodate our operations.

Item 3. Legal Proceedings

See Note 11, “Commitments and Contingencies” in our consolidated financial statements included in Part II, Item 8 of this Form 10-K for information regarding legal proceedings, which discussion is incorporated herein by reference.

Item 4. Mine Safety