WRBY

Warby Parker Inc - Ordinary Shares - Class A

Consumer


Presented:11/10/2022
Price:$15.20
Cap:$1.74B
Current Price:$15.64
Cap:$1.87B

Presented

Date11/10/2022
Price$15.20
Market Cap$1.74B
Ent ValueN/A
P/E RatioN/A
Book Value$2.47
Div Yield0%
Shares O/S114.57M
Ave Daily Vol1,413,645
Short Int69.65%

Current

Price$15.64
Market Cap$1.87B
Warby Parker, Inc. operates as an online retailer of eyewear for men and women. It engages in the business of selling eyewear products and providing optical services directly to consumers through its retail stores and e-commerce platform. Its products include eyeglasses, sunglasses and contacts. The company was founded by Neil Blumenthal, Andrew Martin Hunt, Jeffrey J. Raider and David Gilboa on May 7, 2010 and is headquartered in New York, NY.

Publicly traded companies mentioned herein: EssilorLuxottica SA (EL FP), Warby Parker Inc (WRBY)

Highlights

The presenter is short shares of Warby Parker Inc (WRBY) based on slowing e-commerce growth that may also be cannibalized by the company’s shift toward brick-and-mortar. The stock has rallied recently on the back of positive CPI news and a short squeeze. Given the current stock price and poor fundamental trends, the presenter thinks the setup is primed for a profitable short position.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.