National Vision Holdings, Inc. reports developments for a U.S. optical retail business built around eye exams, eyeglasses, sunglasses, contact lenses and related accessories. Company updates commonly cover financial results, outlook, comparable-store sales, operating margin, SG&A trends and the strategic transformation of its retail model.
Recurring announcements also address the company’s store brands, including America’s Best, Eyeglass World and Vista Opticals locations in select Fred Meyer stores and on select military bases, along with the DiscountContacts.com e-commerce site. Other news includes investor conference participation, customer and patient experience initiatives, product-offering updates and optometry scholarship programs tied to eye-care access.
National Vision Holdings, Inc. (NASDAQ: EYE) reported strong Q3 2020 financial results, achieving a net revenue of $485.4 million, up 12.4% from Q3 2019. Net income surged by 2,860% to $35.3 million, with diluted EPS increasing to $0.42. The company opened 18 new stores, marking a total of 1,201 locations. Despite a challenging nine-month period, the outlook for Q4 remains positive, with projected net revenue of $460 - $475 million. The company continues to navigate uncertainties surrounding COVID-19 while prioritizing safety.
National Vision Holdings (NASDAQ: EYE) appointed Susan Somersille Johnson, former CMO at Prudential, to its Board of Directors. Effective immediately, she will also join the Audit Committee. Johnson brings over 25 years of marketing expertise, previously serving as CMO at Truist Financial. Her addition enhances Board diversity with equal representation of men and women, now totaling eight members. National Vision is committed to affordable eye care, operating over 1,200 stores across the U.S. and Puerto Rico, while Johnson aims to support the company’s growth and social mission.
National Vision Holdings, Inc. (NASDAQ: EYE) will announce its Q3 2020 financial results on November 5, 2020, before market opening. A conference call will follow at 10:00 a.m. ET, with access via phone or a live audio webcast on the company's website. National Vision operates over 1,200 stores across 44 states, providing affordable eye care through brands like America’s Best Contacts & Eyeglasses and Eyeglass World.
National Vision Holdings, Inc. (NASDAQ: EYE) has launched its annual optometry student grant program for the 2020-2021 academic year, marking the sixth consecutive year of this initiative. The program invites third- and fourth-year optometry students to submit essays or videos discussing how COVID-19 changes may influence future optometry practices. A $5,000 first-place grant and two $1,000 runner-up grants are available. Entries are due by January 31, 2021, with winners announced before March 1, 2021.