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 the appointment of Christopher Laden as Chief Financial Officer, effective March 31, 2025. Laden will succeed Melissa Rasmussen, who will step down on March 3, 2025.
Laden brings nearly two decades of experience leading finance organizations in service and optical industries, with expertise in ERP implementations, business modernization, and value creation initiatives. He previously served as CFO of Community Veterinary Partners and held leadership positions at Pearle Vision, a division of EssilorLuxottica.
During the transition period, Patrick Moore, currently Special Advisor and former COO/CFO, will serve as Interim CFO from March 4, 2025, until Laden assumes the role.
National Vision's charitable foundation, 20/20 Quest, has granted $25,000 to Optometry Giving Sight (OGS) to support global vision care initiatives. OGS has historically awarded over 200 grants, provided eye care to more than 8 million people, and trained over 14,000 optometrists worldwide. During the 2024 grant cycle, OGS has committed nearly $1 million to 15 organizations working to address uncorrected refractive error globally.
The grant will support OGS's mission to combat preventable blindness and vision impairment by expanding access to optometry professionals in underserved regions. The funding aims to provide sustainable solutions for vision care in developing countries and address the global shortage of trained optometrists.
National Vision Holdings (NASDAQ: EYE) has announced it will release its fourth quarter and fiscal 2024 financial results before market opening on February 26, 2025. The company will host a conference call at 8:00 a.m. Eastern Time to discuss the results.
Interested parties can pre-register for the conference call and obtain dial-in details through the Investors section of National Vision's website. A live audio webcast of the call and related materials will be available online, with a replay accessible shortly after the broadcast.
National Vision Holdings (NASDAQ: EYE) announced key leadership changes, including the planned departure of CFO Melissa Rasmussen after Q4 2024 earnings release. The company has initiated a search for her successor and may appoint an interim CFO if needed.
The company expanded roles of several executives to support transformation efforts: Megan Molony will lead Manufacturing and Distribution, Mark Banner becomes President of America's Best, and Dr. Priti Patel is named General Manager of Eyeglass World, Fred Meyer and Military.
Preliminary Q4 2024 results show net revenue of approximately $437 million, up 3.9% year-over-year, with comparable store sales growth of 2.6%. For fiscal 2024, net revenue reached approximately $1,823 million, a 3.8% increase, with comparable store sales growth of 1.9%. The company expects Adjusted Operating Income to exceed previous guidance.
National Vision Holdings (NASDAQ: EYE) reported Q3 2024 financial results with net revenue increasing 2.9% to $451.5 million compared to Q3 2023. The company achieved comparable store sales growth of 1.4% and Adjusted Comparable Store Sales Growth of 0.9%. However, the company reported a net loss from continuing operations of $(8.4) million and diluted EPS of $(0.11). Adjusted Operating Income was $14.3 million with Adjusted Diluted EPS of $0.12. The company reaffirmed its fiscal 2024 outlook while updating capital expenditure expectations. Store count grew 4.9% year-over-year, with 18 new stores opened during the quarter.
National Vision Holdings (NASDAQ: EYE) announced the results of its comprehensive store fleet review, planning to close 39 stores by fiscal 2026 and convert four Eyeglass World stores to America's Best by fiscal 2024. The company will moderate new store openings to 30-35 stores in fiscal 2025. These actions are expected to deliver ~$4 million in annualized Adjusted EBITDA improvement by end of fiscal 2026. The closures will impact revenue by $11-13 million in fiscal 2025 and $2-3 million in fiscal 2026. The company recorded $1 million in exit charges and $14 million in noncash impairment charges in Q3 2024.
National Vision Holdings (NASDAQ: EYE) has announced it will release its third quarter 2024 financial results before market opening on Wednesday, November 6, 2024. The company will host a conference call at 8:30 a.m. Eastern Time. Interested parties can pre-register for the call through the company's website investor section. A live audio webcast and related materials will be available online, with a replay accessible after the broadcast.
National Vision, Inc., a major optical retailer, has launched its 2024-2025 scholarship program for optometry students, focusing on AI and the Future of Eye Care. The program offers a total of $12,500 in scholarships, with a top prize of $7,500 and two runner-up awards of $2,500 each.
Third- and fourth-year optometry students from the U.S., Puerto Rico, and Canada are invited to submit written or video essays exploring the potential benefits and challenges of integrating AI into eye care. The program encourages students to share perspectives on how National Vision can lead in adopting these innovations to serve diverse communities and ensure access to quality care for all.
Submissions are open until January 31, 2025, with winners to be announced by March 1, 2025. Entry details are available at nvscholarship.eyesoneyecare.com.
National Vision, Inc. has announced an exclusive retail partnership with Pair Eyewear, expanding to all 1,000+ America's Best Stores. This collaboration establishes National Vision's Doctor of Optometry network as Pair Eyewear's official eye care provider. The partnership offers customers an affordable bundle including a comprehensive eye exam, one base frame, and two top frames.
The collaboration combines Pair Eyewear's customizable, stylish eyewear with America's Best's extensive reach and expertise. It aims to meet the needs of the 80% of eyewear consumers who prefer in-store shopping while offering the convenience of online purchasing.
Key features of the partnership include:
- An innovative personalized shopping experience
- Expanded accessibility nationwide
- Affordable bundles with eye exams and customizable frames
This partnership follows Pair Eyewear's investment in U.S. manufacturing facilities and expansion into global markets.
National Vision Holdings (NASDAQ: EYE) has announced its participation in the Goldman Sachs 31st Annual Global Retailing Conference. The company is scheduled to present on Wednesday, September 4, 2024, at 1:10 p.m. Eastern Time. Investors and interested parties can access a live webcast of the presentation through the company's website in the 'Investors' section. The presentation will also be archived and available on the website shortly after the event, providing an opportunity for those unable to attend live to review the content later.
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