Welcome to our dedicated page for National Vision news (Ticker: EYE), a resource for investors and traders seeking the latest updates and insights on National Vision stock.
National Vision Holdings Inc. (EYE) operates as a leading optical retailer providing accessible eye care services and affordable eyewear across the United States. This page serves as the definitive source for verified company news, offering investors and industry observers timely updates on corporate developments.
Find curated press releases and announcements covering earnings reports, strategic partnerships, operational expansions, and product innovations. Our aggregation ensures you stay informed about key initiatives in vision care accessibility, retail network growth, and technological advancements in optical services.
Content highlights include financial performance disclosures, leadership updates, community outreach programs, and regulatory filings. All materials are sourced directly from official company communications to ensure accuracy and compliance with financial reporting standards.
Bookmark this page for streamlined access to National Vision's latest developments. Check back regularly to monitor how EYE continues to shape the optical retail landscape through its integrated care model and consumer-focused solutions.
National Vision Holdings (NASDAQ: EYE) has announced its upcoming participation in the 45th annual William Blair Growth Stock Conference. The company's presentation is scheduled for June 4, 2025, at 9:20 a.m. Central Time. Investors and interested parties can access a live webcast of the presentation through the "Investors" section of National Vision's website. The presentation will also be archived and made available for later viewing on the company's website after the event.
National Vision Holdings (NASDAQ: EYE) has announced the settlement of its remaining $84.8 million aggregate principal amount of 2.5% unsecured convertible senior notes due May 15, 2025. The company funded the settlement using $59.8 million from cash reserves and the remainder through its revolving credit facility. Following this transaction, National Vision maintains $268.6 million of availability under its revolving credit facility.
CFO Chris Laden emphasized that the company's strong cash generation and solid balance sheet support their balanced capital allocation strategy, which includes these opportunistic repurchases and note settlements, aimed at driving growth and long-term shareholder value.
National Vision Holdings (NASDAQ: EYE) reported strong Q1 2025 financial results, with net revenue increasing 5.7% to $510.3 million compared to Q1 2024. The company achieved a 4.1% comparable store sales growth and 5.5% Adjusted Comparable Store Sales Growth, marking the 9th consecutive quarter of positive growth. Income from continuing operations reached $14.2 million, with diluted EPS of $0.18.
The company's transformation initiatives and cost reduction actions yielded positive results, with Adjusted Operating Income increasing 21.8% to $41.3 million. National Vision maintained a strong balance sheet with $80.0 million in cash and no borrowings under its $300.0 million credit facility. Based on these strong results, the company raised its fiscal 2025 outlook, projecting net revenue between $1.919-$1.955 billion and Adjusted Operating Income of $81-$92 million.
National Vision (NASDAQ: EYE) has announced a significant leadership transition, appointing Alex Wilkes as the new Chief Executive Officer, effective August 1, 2025. Current CEO Reade Fahs will transition to the role of Executive Chairman of the Board.
Wilkes, who joined as president in August 2024, brings valuable experience from his previous roles at CooperVision as President of the Americas and at EssilorLuxottica where he served as Senior Vice President and General Manager of Pearle Vision. Under his initial leadership, the company has already seen measurable impact and is implementing a new strategic approach.
The transition represents the next phase in National Vision's transformation journey. Fahs will continue to work closely with Wilkes to ensure a smooth transition, while Wilkes aims to maintain the company's core values while pursuing new growth opportunities. The appointment reflects the board's confidence in Wilkes' optical industry track record, strategic mindset, and alignment with the company's mission.
National Vision Holdings (NASDAQ: EYE) has scheduled its first quarter 2025 financial results announcement for Wednesday, May 7, 2025, before market opening. The company will host a conference call at 8:30 a.m. Eastern Time to discuss the results.
Interested parties can pre-register for the conference call through the 'Investors' section of National Vision's website. The company will provide a dial-in number and passcode for participants. A live audio webcast of the call and related materials will be available on the company's website, with a replay accessible shortly after the broadcast.
National Vision Holdings (EYE) has appointed VML as its agency of record following a competitive review. VML will lead the optical retail company's brand evolution, focusing on creative, CRM, social strategy, brand identity and design, and experiential marketing for brands including America's Best and Eyeglass World.
The partnership aims to transform National Vision's marketing and omni-channel capabilities, with customers expected to experience refreshed, modern, and more personalized marketing starting in the second half of 2025. VML, recently named Ad Age A-List Standout Agency and Clio Awards 'Network of the Year', will work on redefining communication and brand platforms while supporting National Vision's mission of making vision care accessible to everyone.
National Vision Holdings (NASDAQ: EYE) has announced the appointment of two new independent directors to its Board, effective March 17, 2025. Jim McGrann, an eye care industry veteran with 30 years of experience, and Michael Nicholson, a seasoned retail executive, will join the board, expanding it from 9 to 11 members.
The appointments come as part of a Cooperation Agreement with Engine Capital, LP. McGrann, currently CEO of Advancing Eyecare, will serve on the Board's Compensation Committee, while Nicholson, President and COO of J.Crew Group, will join the Audit Committee and Nominating and Corporate Governance Committee.
The company has also formed an Advisory Committee to oversee National Vision's ongoing transformation initiatives, comprising existing directors Randy Peeler and Susan Johnson, along with the newly appointed McGrann and Nicholson.
National Vision (EYE) has announced the winners of its 10th annual scholarship program, awarding $12,500 in total scholarships to three optometry students. The 2024-2025 program focused on 'AI and the Future of Eye Care,' challenging participants to explore artificial intelligence's role in eye care advancement.
The winners were selected based on their perspectives on AI's potential to enhance accessibility and improve patient outcomes in eye care. Faye Nie from Southern California College of Optometry won first place ($7,500), while Victoria Cao from University of Waterloo and Isabella Jenson from Arizona College of Optometry each received runner-up awards ($2,500).
The competition was open to third- and fourth-year optometry students in good standing at schools across the U.S., Puerto Rico, and Canada. Submissions were evaluated by licensed optometrists, focusing on how AI could enhance accessibility and bring innovative care to diverse communities.
National Vision Holdings (NASDAQ: EYE) has announced its upcoming participation in the UBS Global Consumer and Retail Conference. The company's presentation is scheduled for Wednesday, March 12, 2025, at 2:00 p.m. Eastern Time. Interested parties can access a live webcast of the presentation through the 'Investors' section of National Vision's website. The presentation recording will be archived and made available on the company website after the event.
National Vision Holdings (NASDAQ: EYE) reported Q4 2024 financial results showing revenue growth of 3.9% to $437.3 million, with comparable store sales growth of 2.6%. The company posted a Q4 net loss of $(29.4) million, with diluted EPS of $(0.37).
For full fiscal 2024, net revenue increased 3.8% to $1,823.3 million, with comparable store sales growth of 1.9%. The company reported a net loss of $(27.2) million and Adjusted Diluted EPS of $0.52, up from $0.47 in 2023.
Key operational highlights include:
- Store count grew 4.4% to 1,240 locations
- Implemented corporate cost-saving initiatives
- Reduced corporate support positions by over 10%
- Achieved eighth consecutive quarter of positive comparable store sales growth
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