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. (NASDAQ: EYE) is one of the largest optical retail companies in the United States, with more than 1,200 stores across 38 states and Puerto Rico and an e-commerce presence through DiscountContacts.com. This news page aggregates coverage of National Vision’s announcements, providing context on how the company is executing its mission of making quality eye care and eyewear more affordable and accessible.
Readers can find updates on National Vision’s financial results, including quarterly earnings releases and outlook revisions that discuss net revenue trends, comparable store sales growth, and non-GAAP metrics such as Adjusted Operating Income, Adjusted Operating Margin, Adjusted Diluted EPS, and Adjusted Comparable Store Sales Growth. These articles often explain how merchandise strategy, pricing, product mix, and customer mix are affecting performance across brands like America’s Best, Eyeglass World, and Vista Opticals in host locations.
News items also cover National Vision’s transformation strategy and long-term financial objectives, including its multi-year cost savings plan, store growth plans, and initiatives to expand into underdeveloped customer segments and premium lens categories. Conference participation announcements, investor day events, and other investor-focused communications provide insight into management’s priorities and the company’s view of the U.S. optical retail market.
In addition, this page may feature stories on brand developments and community-focused initiatives, such as America’s Best brand transformations and National Vision’s scholarship program for optometry students that explores emerging technology in optometry and access to care. For investors, analysts, and customers interested in EYE, this news feed serves as a central source for company press releases and related updates.
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
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.
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