-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點總結如下：WRBY第一季淨收入為2.42億美元（年增8.3%），連續第五個季度實現兩位數成長。但由於固定成本槓桿化和關稅影響，毛利率下降230個基點至54.0%。調整後EBITDA達到2,960萬美元，利潤率提升130個基點至12.2%，主要得益於取消「居家試穿」計畫帶來的營運效率提升以及銷售、管理及行政費用（SG&A）的槓桿作用。我們認為，這項業績反映了公司策略重心從單純追求成長轉向獲利能力優化。管理層預計第一季營收為9.59億美元至9.76億美元（年增10%至12%），調整後EBITDA為1.17億美元至1.19億美元，利潤率提升12.2%。我們認為智慧眼鏡的研發是公司最重要的產品成長催化劑，管理層正在籌備推出他們所稱的全球首款真正意義上的全天佩戴型AI智慧眼鏡。 1億美元的股票回購授權體現了公司對商業模式的信心，並為策略成長投資提供了靈活的資本配置方案。
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