Casper's new owner is betting on a comeback. Will it work? [Yahoo! Finance]
Warby Parker Inc. (WRBY)
Company Research
Source: Yahoo! Finance
direct-to-consumer mattress business, first to open stores , first to sell to third parties , first to go public , first to go back to private ownership under equity investors—and now, the first to be folded into a raw materials supplier that may or may not know what to do with it. Now for the obligatory Casper pun: Do they have a ghost of a chance at making this work? The sale of Casper to Carpenter Co. was announced in late October with most of the details (including price) left undisclosed. The buyer, a privately held company, says it does $1.6 billion a year, employing some 6,500 people and largely operating as a supplier of polyurethane foam and other synthetic fibers and chemicals to the furniture and commercial sectors. While Carpenter sells some branded goods direct to retailers and consumers, it is primarily an OEM supplier. Casper—one of the brands Carpenter has been supplying recently—represents a departure from its core business. In announcing the deal, Carpenter sai
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WRBY
News
- Warby Parker Inc. (NYSE: WRBY) had its price target raised by analysts at Telsey Advisory Group from $22.00 to $26.00. They now have an "outperform" rating on the stock.MarketBeat
- In a meeting with Biden, China's Xi cautions US to 'make the wise choice' to keep relations stable [FOX News]FOX News
- During meeting with Biden, China's Xi cautions the U.S. to ‘make the wise choice' to keep relations stable [CNBC]CNBC
- In their final meeting, Xi tells Biden he is "ready to work with a new administration" [CBS News]CBS News
- In their final meeting, Xi tells Biden that China is ready to work with a new U.S. administration [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
WRBY
Earnings
- 11/7/24 - Miss
WRBY
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form 144
- 11/14/24 - Form SC
- WRBY's page on the SEC website