National Vision's four sub-segments within Owned and Host are consistently gaining market share, banking on several growth drivers. These include diminishing eyesight with increasing age, which is leading new customers to buy corrective eyewear, and a steady and consistent replacement cycle, with customers replacing or purchasing new eyewear for a variety of reasons, including changes in prescriptions, fashion trends and necessity. America's Best and Eyeglass World are particularly driving revenues. Nationa ...

With multiple factors in play, a major shakeout is due in the e-commerce space. The rise of AI advances in logistics tech and the post-pandemic norm will play a huge role in driving e-commerce moving forward. In this race, though, you'd expect several companies to be left in the dust, making it an opportune time to consider retail stocks at risk. The intensification of the e-commerce shakeout spells trouble for traditional retail stocks, with the most efficient and tech-savvy companies likely to survive. Wi ...

National Vision Holdings, Inc. (EYE) delivered an adjusted EPS (earnings per share) of 30 cents in the first quarter of 2024 compared with 31 cents in the year-ago quarter. However, the figure topped the Zacks Consensus Estimate by 7.1%.GAAP earnings from continuing operations in the quarter was 16 cents per share compared with 20 cents in the prior year’s quarter.Revenues in DetailOn Feb 23, 2024, National Vision completed the termination of the Walmart Management and Services Agreement and discontinued th ...

Simeon Gutman Okay. And then follow-up, just two parts. The price increases on exams, I'm assuming you're competitive within the market, but any other competitive changes on price, are you at a value to the market? And then Melissa said - sorry, go ahead. results and a return to mid-single-digit adjusted comparable store sales growth, are critical steps in achieving our fiscal 2025 target of a mid-single-digit adjusted operating margin. I will now turn the call over to Reade for closing remarks before we op ...

National Vision (EYE) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this discount optical retailer and eye care provider would post a loss of $0.09 per share when it actually produced a loss of $0.02, delivering a surprise of 77.78%.Over th ...

Exhibit 99.1 First Quarter 2024 Continuing Operations Highlights : (1) First Quarter 2024 Total Company Highlights : (1) Company reaffirms fiscal 2024 outlook and increases whitespace opportunity to at least 2,500 stores On February 23, 2024, the Company completed the termination of the Walmart Management and Services Agreement and discontinued the former Legacy reportable segment. "Total Company" results include operations from the Company's former Legacy reportable segment as discontinued operations, whil ...

National Vision Holdings, Inc. (EYE) is well-poised to grow in the coming quarters, backed by the consistent market growth of the Owned and Host segments. The company’s strategic progress in terms of expanding exam capacity, recruitment and retention efforts and remote exam initiatives are highly encouraging. Further, it is also well-equipped to meet its short-term debt obligations.  However, the impact of the Walmart partnership termination remains concerning for National Vision’s operations. Excessive rel ...

Hispanolistic/E+ via Getty ImagesSummary Readers may find my previous coverage via this link. My previous rating was a hold, as I believed National Vision Holdings (NASDAQ:EYE) long-term growth outlook was uncertain. My thought was to wait for growth normalization in the results before I turned bullish. I am revising my rating to buy as I turn optimistic about management’s ability to steer business growth and margins back to normalized levels. The FY24 and FY25 guide is very positive, and so long as it ...

National Vision Holdings, Inc. (EYE) delivered an adjusted loss per share of 2 cents for the fourth quarter of 2023, narrower than the year-ago quarter’s adjusted loss of 8 cents. The figure topped the Zacks Consensus Estimate of a loss of 16 cents per share.GAAP loss in the quarter was 20 cents per share, marking a significant decline from the prior-year reported loss of 12 cents.Full-year 2023 GAAP loss was 84 cents per share against earnings of 53 cents in 2022.Revenues in DetailRevenues in the fourth qu ...

National Vision Holdings, Inc. (NASDAQ:EYE) Q4 2023 Earnings Conference Call February 27, 2024 8:30 AM ET Company Participants Caitlin Churchill - Investor Relations Reade Fahs - Chief Executive Officer Melissa Rasmussen - Chief Financial Officer Patrick Moore - Chief Operating Officer Conference Call Participants Michael Lasser - UBS Anthony Chukumba - Loop Capital Markets Brandon Cheatham - Citi Simeon Gutman - Morgan Stanley Taji Phillips - Jefferies Adrienne Yih - Barclays Dylan Carden - William Blair O ...