February 28, New York based Warby Parker announced its financial figures in Q4, and the full fiscal year 2022 ended December 31, 2022. Full-year net revenue increased $57.3 million, or 10.6%, to $598.1 million compared to FY 2021, active customers increased 3.6% to 2.28 million year over year, average revenue per customer increased 6.9% year over year to $263; Fourth quarter net revenue increased $13.6 million, or 10.2%, to $146.5 million compared to Q4 2021.
The decline in gross margin was primarily driven by the increased penetration of contact lenses which are sold at a lower marg …
