Core Viewpoint - National Vision (EYE) shares have increased by 1.8% over the past four weeks, closing at $26.4, with a mean price target of $33.18 indicating a potential upside of 25.7% according to Wall Street analysts [1] Price Targets and Analyst Estimates - The mean estimate consists of 11 short-term price targets with a standard deviation of $4.29, where the lowest estimate is $27.00 (2.3% increase) and the highest is $39.00 (47.7% increase) [2] - A low standard deviation suggests a high degree of agreement among analysts regarding the stock's price movement [2][9] Earnings Estimates and Market Sentiment - Analysts are optimistic about EYE's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which has shown a strong correlation with near-term stock price movements [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 5%, with one estimate moving higher and no negative revisions [12] Zacks Rank and Investment Potential - EYE currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not be entirely reliable, the direction they imply appears to be a good guide for potential price movement [14]

Company Overview - National Vision Holdings, Inc. is a leading and rapidly growing optical retailer in the United States, positioned strongly in the attractive value segment of the U.S. optical retail industry [11]. Investment Ratings - National Vision is rated 2 (Buy) on the Zacks Rank, with a VGM Score of B, indicating a favorable investment outlook [11]. Momentum and Performance - The company has a Momentum Style Score of B, with shares increasing by 1.8% over the past four weeks [12]. - An analyst has revised their earnings estimate higher for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.01 to $0.70 per share [12]. - National Vision boasts an average earnings surprise of +21%, highlighting its strong performance relative to expectations [12].

Core Insights - National Vision Holdings, Inc. is leveraging its retail brands to enhance customer experience and operational efficiency across its extensive network of over 1,200 stores in 38 states and Puerto Rico [1][3] Company Overview - National Vision Holdings, Inc. operates four retail brands: America's Best Contacts & Eyeglasses, Eyeglass World, Vista Optical, and DiscountContacts.com, focusing on making quality eye care and eyewear more affordable and accessible [3] - The company is committed to using data-driven insights to improve customer experiences in its stores [1] Leadership Profile - Alex Wilkes, who became CEO in August 2025, has over a decade of leadership experience in the eye care industry and is focused on enhancing customer and patient experiences while driving long-term shareholder value [2] - Prior to joining National Vision, Alex held significant roles at CooperVision and EssilorLuxottica, contributing to operational excellence and brand strategy [2]

Core Viewpoint - National Vision (EYE) is a strong candidate for investors looking for a stock that has consistently beaten earnings estimates and is well-positioned for future performance [1] Earnings Performance - National Vision has a strong track record of surpassing earnings estimates, averaging a 23.40% beat over the last two quarters [2] - In the most recent quarter, the company reported earnings of $0.13 per share against an expectation of $0.12, resulting in an 8.33% surprise [3] - For the previous quarter, National Vision's earnings of $0.18 per share exceeded the consensus estimate of $0.13, leading to a surprise of 38.46% [3] Earnings Estimates and Predictions - Estimates for National Vision have been trending higher, influenced by its history of earnings surprises [6] - The stock has a positive Zacks Earnings ESP of +9.09%, indicating that analysts are optimistic about the company's earnings prospects [9] - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a high likelihood of another earnings beat [9] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [7] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8] Investment Strategy - It is crucial for investors to check a company's Earnings ESP before quarterly releases to enhance the likelihood of successful investments [10]

Company Performance - Estee Lauder (EL) has gained approximately 12.6% year-to-date, outperforming the average gain of 2.4% in the Consumer Staples group [4] - The Zacks Consensus Estimate for Estee Lauder's full-year earnings has increased by 5.3% over the past 90 days, indicating improved analyst sentiment and a stronger earnings outlook [3] Industry Comparison - Estee Lauder belongs to the Cosmetics industry, which has an average gain of 20.4% this year, indicating that EL is slightly underperforming its industry [5] - National Vision (EYE), another stock in the Consumer Staples sector, has returned 5.4% year-to-date, showcasing its outperformance relative to the sector [4] Sector Ranking - Estee Lauder is ranked 14 in the Zacks Sector Rank among 180 companies in the Consumer Staples group [2] - The Zacks Rank for Estee Lauder is currently 1 (Strong Buy), reflecting its potential to outperform the market in the near term [3]

Financial Data and Key Metrics Changes - The company reported a significant increase in share price, up over 170% in 2025, indicating a positive market response to its transformation strategy [3] - Operating margin expansion of 120 basis points was achieved through Q3 2025, reflecting improved profitability [9] Business Line Data and Key Metrics Changes - The company is focusing on premium product offerings, with the percentage of frames priced over $99 increasing from 20% to 40% by the end of 2025 [13] - Managed care transactions now account for approximately 40% of the business mix, up from low single digits when the company was founded [18] Market Data and Key Metrics Changes - The managed vision care segment constitutes 70% of the eyewear category, providing a resilient market backdrop for the company [31] - The competitive landscape includes independent optometrists holding about 50% of the market, with the company positioned uniquely with over 2,000 employed optometrists [34] Company Strategy and Development Direction - The company is transitioning to a more innovative digital model, enhancing customer experience and product assortment [2] - Key strategic pillars include underdeveloped customer segments, product mix, customer experience, and new store growth, all aimed at expanding operating margins [7][9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to control its destiny through effective execution of its strategic plan, despite potential macroeconomic challenges [41] - The company aims for high single-digit revenue growth and mid-single-digit comparable store sales growth over the next five years [37] Other Important Information - The company is investing in remote health technology, with over 10% of exams now conducted remotely, indicating a shift towards telehealth services [35] - A new CRM platform is being implemented to enhance marketing capabilities and consumer engagement [36] Q&A Session Summary Question: What is the current status of the company's transformation? - Management indicated that the transformation is still in early stages, with positive early results in profitability and customer segmentation [5][6] Question: How does the company plan to drive value for shareholders? - The focus is on expanding operating margins through targeted customer segments and premium product offerings, with a significant difference in profitability between consumer types [9][24] Question: How sensitive is the business to macroeconomic shifts? - The company operates in a resilient category, with managed vision care providing stability, and management believes they can navigate macroeconomic challenges effectively [31][41]

Financial Data and Key Metrics Changes - The company reported a significant increase in share price, up over 170% in 2025, indicating a positive market response to its transformation strategy [3] - Operating margin expansion of 120 basis points was achieved through Q3 2025, reflecting improved profitability [9] Business Line Data and Key Metrics Changes - The company is focusing on premium product offerings, with the percentage of frames priced over $99 increasing from 20% in 2024 to 40% by the end of 2025, indicating a shift towards higher-margin products [13] - Managed care transactions now account for approximately 40% of the business mix, up from low single digits when the company was founded, showcasing a successful strategy to attract this segment [18] Market Data and Key Metrics Changes - The managed vision care segment constitutes 70% of the overall category, with the company currently capturing 40% of that market, suggesting room for growth [31] - The competitive landscape includes independent optometrists holding about 50% of the market, with the company positioned uniquely with over 2,000 employed optometrists [34] Company Strategy and Development Direction - The company is transitioning from an analog model to a digitally driven approach, focusing on customer segmentation, product mix, and enhancing customer experience [7][9] - Future growth strategies include a continued emphasis on premiumization of products and leveraging technology for better customer engagement and operational efficiency [36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the business model, particularly due to the managed care component, which provides stability against macroeconomic shifts [31][41] - The company aims for high single-digit revenue growth and mid-single-digit comparable store sales growth over the next five years, with a focus on operating margin expansion [37] Other Important Information - The company has invested in remote health technology, with over 10% of exams now conducted remotely, indicating a strategic shift towards telehealth services [35] - A new CRM platform is being implemented to enhance marketing capabilities and improve customer acquisition strategies [36] Q&A Session Summary Question: What is the current status of the transformation strategy? - Management indicated that they are in the early stages of transformation, with early actions yielding stronger profitability and better comparable sales [5][6] Question: How does the company plan to drive value for shareholders? - The focus is on expanding operating margins through targeted customer segments and premium product offerings, which are expected to yield higher gross margins [9] Question: How sensitive is the business to macroeconomic shifts? - The company believes it operates in a resilient category, with managed vision care providing a buffer against economic fluctuations [31]

Financial Data and Key Metrics Changes - The company reported a significant increase in share price, up over 170% in 2025, indicating strong market performance and investor confidence [3] - Operating margin expansion of 120 basis points through Q3 2025, reflecting improved profitability [12] Business Line Data and Key Metrics Changes - The company is focusing on evolving its product mix, with a shift towards premium frames and lenses, which are expected to generate higher gross margin dollars [12][19] - The percentage of frames priced over $99 increased from 20% in 2024 to 40% by the end of 2025, indicating a strategic shift towards higher-value offerings [18] Market Data and Key Metrics Changes - Managed care transactions now account for approximately 40% of the company's mix, up from low single digits when the company was founded, showcasing a successful shift in customer targeting [23] - The eyewear category is described as resilient, with 70% of the market driven by managed vision care, which is expected to grow [37] Company Strategy and Development Direction - The company is transitioning from an analog model to a digitally driven approach, focusing on customer segmentation, product mix, customer experience, and new store growth [8][12] - Investments in remote health technology and a revamped CRM platform are part of the strategy to enhance customer engagement and operational efficiency [41][42] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's insulated position against macroeconomic shifts due to the nature of the eyewear category and its reliance on managed care [37][48] - The long-term growth algorithm targets high single-digit revenue growth and mid-single-digit same-store sales growth, with a focus on operating margin expansion [44] Other Important Information - The company plans to continue investing 4%-5% of revenue into capital expenditures annually, with a focus on store refreshes and strategic initiatives [45] - The introduction of premium products, such as Ray-Ban Meta smart glasses, has been well received, indicating a positive consumer response to the evolving product assortment [18][19] Q&A Session Summary Question: What is the current competitive landscape for National Vision? - The company operates in a resilient category, with 50% of the market held by independent optometrists and a growing share of managed care consumers [39] Question: How has telehealth impacted the company's strategy? - The company has invested in remote health technology, with over 10% of exams now conducted remotely, indicating a shift towards more accessible care [41] Question: What are the long-term financial targets for investors? - The company aims for high single-digit revenue growth and mid-single-digit comps, with operating margin expansion of 50 to 150 basis points annually [44]

Core Insights - National Vision (EYE) has experienced a significant share price increase of 154.6% over the past 12 months, outperforming the industry decline of 13.9% and the S&P 500's growth of 16.4% [1][9] Company Performance - National Vision holds a Zacks Rank 3 (Hold) and is benefiting from the strong performance of its America's Best brand, with strategic initiatives showing early progress [2] - The company operates 1,242 retail stores across four brands and has a distribution network that includes a 118,000-square-foot center in Georgia and a 52,000-square-foot center in Ohio [3] Revenue Growth - The Owned & Host segment of National Vision reported a 9.1% year-over-year revenue increase in Q3 2025, primarily driven by America's Best brand [4][9] - The company opened four new America's Best stores and converted four Eyeglass World locations during the September 2024 to September 2025 period [5] Strategic Initiatives - National Vision is enhancing its Eyeglass World operations with a new leadership team and expanding remote exam capabilities, with two-thirds of its stores now equipped for remote technology [6] - The company is testing smaller store formats for America's Best and is incorporating insights from a fleet optimization review into future growth plans [5][6] Customer Engagement - Early indicators of stronger customer engagement are noted, supported by a new marketing strategy and customer relationship management (CRM) platform [10] - Newly introduced premium frames are selling faster than expected, indicating positive consumer response [10] Financial Estimates - The Zacks Consensus Estimate projects a 32.6% increase in earnings per share (EPS) for 2025, reaching $0.69, and a 26.8% increase for 2026, reaching $0.88 [12] - Revenues are expected to grow by 5.2% to $1.98 billion in 2025 and reach $2.05 billion in 2026, implying a 3.3% increase [12]

Core Insights - National Vision's shares have increased by approximately 19.9% over the past month, outperforming the S&P 500 [1] - The upcoming earnings release is anticipated to be influenced by recent performance trends and analyst reactions [2] Financial Performance - In Q3 2025, National Vision reported adjusted earnings per share of 13 cents, an increase from 12 cents year-over-year, exceeding the Zacks Consensus Estimate by 8.33% [3] - The company's net revenues for Q3 totaled $487.3 million, reflecting a year-over-year growth of 7.9% and surpassing the Zacks Consensus Estimate by 2.69% [4] Future Outlook - National Vision has revised its full-year net revenue guidance to a range of $1.970 billion to $1.988 billion, up from a previous estimate of $1.934 billion to $1.970 billion [5] - Adjusted comparable store sales are now expected to grow by 5.0% to 6.0%, an increase from the earlier forecast of 3.0% to 5.0% [5] - The adjusted earnings per share estimate for 2025 has been updated to a range of 63 to 71 cents, compared to the previous range of 62 to 70 cents [5] Estimate Revisions - Consensus estimates have remained stable over the past month, with a shift of 16.67% noted [6] Stock Performance Metrics - National Vision holds an average Growth Score of C and a Momentum Score of B, with an overall VGM Score of C, indicating a middle-tier position for value investors [7] - The company currently has a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the coming months [8] Industry Comparison - National Vision operates within the Zacks Consumer Products - Staples industry, where Colgate-Palmolive has seen a modest gain of 0.4% over the past month [9] - Colgate-Palmolive reported revenues of $5.13 billion for the quarter ended September 2025, marking a year-over-year increase of 1.9% [10] - The overall estimate revisions for Colgate-Palmolive have resulted in a Zacks Rank of 4 (Sell) [11]