National Vision Stock Price, News & Analysis

National Vision Holdings, Inc. (NASDAQ: EYE) hosted over 1,400 optometrists at its Annual Continuing Education Symposium from June 4-7 in Dallas, Texas, offering up to 22 hours of COPE-approved education. The event celebrated significant milestones for doctors within its network, highlighting the dedication and contributions of optometrists during the pandemic. 190 honorees were acknowledged for over 1,500 years of combined service, while 12 received the Optometrist of the Year Award.

National Vision Holdings, Inc. (NASDAQ: EYE) will present at the 42nd Annual William Blair Growth Stock Conference on June 8, 2022, at 8:40 a.m. Central Time. The presentation will be accessible via a live webcast on the Company's investor relations webpage. National Vision is the second largest optical retail company in the U.S., operating over 1,300 stores across 44 states and Puerto Rico. The company focuses on making eye care and eyewear affordable through its various retail brands, including America’s Best Contacts & Eyeglasses and Eyeglass World.

National Vision Holdings, Inc. (NASDAQ: EYE) has launched its Pride Collection, a limited series of gender-neutral eyewear in celebration of Pride Month and the LGBTQ+ community. The collection includes eight optical frames and four sunglasses, priced at $89.95 each or two for $143.95. To support the cause, the company is donating $25,000 to the Matthew Shepard Foundation, which works towards dignity and equality for all. The collection is available in America’s Best Contacts & Eyeglasses stores and select Walmart Vision Centers.

National Vision Holdings reported a 1.2% decrease in net revenue, totaling $527.7 million, and a significant 30.6% drop in net income to $30.1 million for Q1 2022. Comparable store sales fell 4.9%, with adjusted figures at (6.8)%. Operating income also decreased 33.0% to $45.3 million. Despite these challenges, the company opened 17 new stores and aims to enhance exam capacity amid inflationary pressures. The revised fiscal 2022 outlook anticipates net revenue between $2.01 - $2.07 billion and adjusted diluted EPS of $0.65 - $0.80.

National Vision Holdings (NASDAQ: EYE) will disclose its Q1 2022 financial outcomes before the market opens on May 10, 2022. An investor conference call is scheduled for the same day at 8:30 a.m. ET, accessible at 866-374-5140 (U.S.) or 404-400-0571 (international) with passcode 14749502. A live webcast will be available on the Company’s website. National Vision operates over 1,200 stores, making it the second-largest optical retailer in the U.S., focused on affordable eye care.

National Vision Holdings, Inc. (NASDAQ: EYE) has appointed Joe VanDette as the new Chief Marketing Officer, reporting to CEO Reade Fahs. VanDette brings over two decades of transformative marketing experience, focusing on data-driven strategies to enhance brand management and customer engagement. Previously, he served as the Chief Marketing and Digital Officer for Smart & Final, where he significantly improved brand awareness and e-commerce growth. His appointment is anticipated to strengthen National Vision's marketing efforts and align with its mission of providing affordable eye care.

National Vision Holdings, Inc. has awarded scholarships to three optometry students as part of its seventh annual scholarship program, emphasizing the importance of affordable primary eye care. This year, a record number of entries were received, showcasing a strong interest among future optometrists. The first-place winner, Juan Giraldo, received $7,500, while Alicja Biniek and Aliya Shafi each received $2,500. The scholarships aim to support students in addressing the growing challenge of eye care accessibility.

National Vision Holdings, Inc. (NASDAQ: EYE) will participate in a fireside chat at the UBS Global Consumer and Retail Conference on March 10, 2022, at 3:00 p.m. ET. Investors can access a live webcast on the company's website, which will be archived after the event. National Vision is the second largest optical retail company in the U.S., operating over 1,200 stores across 44 states and Puerto Rico, with a mission to make quality eye care more affordable and accessible through brands like America’s Best Contacts & Eyeglasses and Eyeglass World.

National Vision Holdings, Inc. (EYE) reported a 58.6% increase in net income to $6.2 million and a 56.2% rise in diluted EPS to $0.07 for Q4 2021, compared to Q4 2019. Net revenue reached $477.9 million, growing 18.9% from Q4 2019 but down 3.8% from Q4 2020. The company plans to open at least 80 new stores in 2022 and has expanded its share repurchase program by $100 million. For fiscal 2022, it expects net revenue between $2.12 and $2.17 billion. Market challenges include the ongoing effects of COVID-19 and the impact of severe weather on operations.