D2C eyewear firm Warby Parker released its Q4 earnings yesterday.

D2C eyewear firm Warby Parker released its Q4 earnings yesterday.  The company posted a 10.2% revenue increase for Q4 2022, beating its own estimates. Warby Parker's net revenue rose 10.2% in Q4, reaching $146.5M. Its gross margin declined to 55.1% from 57.4% in 2021, due largely to staff-related expenses. The D2C eyewear firm saw its net loss in Q4 fall to $20.3M, down from $25.7M for the same period in 2021. Warby Parker's full-year revenue rose by 10.6%, reaching $598.1M. The company expanded its brick-and-mortar presence in 2022 and plans to launch 40 physical stores this year.