Walmart Parker Reports First Annual Profit, Market Cap Drops Nearly 7% in a Day

Warby Parker (NYSE: WRBY) closed at $20.50 on the New York Stock Exchange, a 6.78% drop from the previous session. Its market capitalization stands at about $2.19 billion (approximately KRW 2.95 trillion), with today’s decline alone erasing around $139 million (roughly KRW 190 billion). Trading volume reached 1.688 million shares.

In its February 26 announcement of fourth-quarter 2025 results, the company reported its first full-year net profit for 2025, marking a successful turnaround. However, its revenue guidance for 2026 fell short of Wall Street consensus, contributing to increased stock volatility. Warby Parker also disclosed plans to launch AI-enabled eyewear in collaboration with Google and Samsung in 2026, alongside a share repurchase program of up to $100 million (about KRW 130 billion), underscoring its commitment to balancing growth investments with shareholder returns.

Founded in 2010 as a direct-to-consumer eyewear brand in the U.S., Warby Parker initially grew through an online-based, affordable designer model. It has since evolved into an omnichannel retailer with over 300 stores across North America. The company is gaining attention as a consumer discretionary stock sensitive to economic cycles while also fitting within technology and healthcare growth themes, driven by strategies to improve profitability through insurance-linked sales, in-store eye exams, and AI-powered eyewear.