The gross margin decrease was due to the growth of lower-mar...
The gross margin decrease was due to the growth of lower-margin contact lenses and increased costs, offset partially by increased efficiencies and lower shipping costs. The company aims to expand its retail presence and nearly double the insured lives using their in-network vision benefits with Warby Parker.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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