STOCK TITAN

National Vision Holdings, Inc. - EYE STOCK NEWS

Welcome to our dedicated page for National Vision Holdings news (Ticker: EYE), a resource for investors and traders seeking the latest updates and insights on National Vision Holdings stock.

National Vision Holdings, Inc. (symbol: EYE) is a leading optical retailer in the United States, dedicated to making quality eye care and eyewear affordable and accessible. With a strong workforce of 8,000 employees, National Vision operates through its family of optical retailers, including America's Best Contacts & Eyeglasses, Eyeglass World, Vision Centers brought to you by Walmart, Vista Optical inside Fred Meyer, and optical centers on select military bases.

Currently, the company boasts over 800 retail locations spread across 44 states, the District of Columbia, and Puerto Rico. National Vision's mission is to help people by making quality eye care and eyewear more affordable and accessible.

The company is segmented into two main operating segments: the Owned and Host segment and the Legacy segment. The Owned and Host segment includes company-owned brands like America's Best and Eyeglass World, where vision care services are provided by optometrists or independent professional corporations. This segment also includes operations within Military and Fred Meyer locations, providing eye exams through independent optometrists.

The Legacy segment focuses on managing operations and supplying inventory and lab processing services to Legacy retail Vision Centers. The majority of the company's revenue is driven by the Owned and Host segment.

National Vision is one of the fastest-growing optical retailers in the country, continually working towards its vision that everyone deserves to see their best to live their best.

Rhea-AI Summary
National Vision, Inc. awards $12,500 in scholarships to three optometry students for their innovative ideas on increasing access to eye care for children. Winners were selected based on their perspectives on pediatric vision care and plans to make eye care more accessible to children from all financial backgrounds.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
Tags
none
-
Rhea-AI Summary
National Vision Holdings, Inc. (EYE) executives to participate in a fireside chat at the UBS Global Consumer and Retail Conference. The webcast will be available on the company's website for viewing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
Tags
none
-
Rhea-AI Summary
National Vision Holdings, Inc. (NASDAQ: EYE) reported Q4 2023 net revenue of $506.4 million, up 8.0% from Q4 2022, with a net loss of $(16.0) million. Fiscal 2023 net revenue was $2,126.5 million, a 6.0% increase from 2022, with a net loss of $(65.9) million. The termination of the Walmart partnership led to expenses impacting financials.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.78%
Tags
Rhea-AI Summary
National Vision Holdings, Inc. (NASDAQ: EYE) will release its Q4 and fiscal 2023 financial results on February 27, 2024. A conference call will follow at 8:30 a.m. ET. Pre-register on the company's website for access to the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.54%
Tags
-
Rhea-AI Summary
National Vision Holdings, Inc. (NASDAQ: EYE) appoints Susan O'Farrell, an accomplished financial expert, to its Board of Directors and Audit Committee. O'Farrell brings over 35 years of executive and senior leadership experience, serving as CFO, Principal Accounting Officer, and Treasurer at BlueLinx Holdings, Inc. She also held multiple roles at The Home Depot. O'Farrell's expertise includes financial and operational experience in IT, procurement, supply chain, and logistics. She currently serves on the Board of Directors and as the Audit Committee Chair of Leslie’s, Inc. and Savers Value Village, Inc. O'Farrell holds a B.S. in business administration from Auburn University and completed the Executive Leadership Program at Emory University’s Goizueta Business School.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.68%
Tags
management
-
Rhea-AI Summary
National Vision, Inc. collaborates with Vontélle Eyewear, a Black-owned company, to release a limited-edition frame collection celebrating Black History Month. The frames are designed to complement diverse faces and are available in all America's Best Contacts & Eyeglasses retail locations. The collection includes 15 frames featuring bold, colorful designs for both men and women, with names inspired by notable African American figures. The collaboration aims to empower eyeglass wearers to showcase their culture and personality through their eyewear.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
none
Rhea-AI Summary
Pair Eyewear, a customizable eyewear brand, has partnered with National Vision, Inc. (NASDAQ: EYE) to expand its customer base by offering customizable eyewear in select retail locations through America’s Best brand. The partnership aims to introduce affordable bundles including Pair’s eyewear and a comprehensive eye exam in 110 America’s Best stores nationwide, making fashionable eyewear more accessible. Pair Eyewear's Co-CEO and Co-Founder expressed excitement over the collaboration, emphasizing the goal to establish Pair as a household name. The brand's commitment to affordability and customizable technology, along with the recent investment in research and development, indicates a focus on innovation and growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.16%
Tags
none
-
Rhea-AI Summary
National Vision Holdings, Inc. (NASDAQ: EYE) announced agreements to repurchase $100.0 million of its 2.50% Convertible Senior Notes due 2025, reducing outstanding balance to $302.5 million. The company aims to strengthen its balance sheet and execute a disciplined capital allocation plan for long-term growth and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.29%
Tags
buyback
-
Rhea-AI Summary
National Vision Holdings, Inc. (NASDAQ: EYE) reported a 6.6% increase in net revenue to $532.4 million in Q3 2023, driven by a 4.3% growth in Adjusted Comparable Store Sales. However, the company also reported a net loss of $73.8 million, attributed to non-cash impairment charges related to the termination of the Walmart partnership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.97%
Tags
Rhea-AI Summary
National Vision Holdings, Inc. (NASDAQ: EYE) will present at the Jefferies London Healthcare Conference on November 14, 2023. The presentation will be available via live webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
none

FAQ

What is the current stock price of National Vision Holdings (EYE)?

The current stock price of National Vision Holdings (EYE) is $11.34 as of November 20, 2024.

What is the market cap of National Vision Holdings (EYE)?

The market cap of National Vision Holdings (EYE) is approximately 887.5M.

What does National Vision Holdings, Inc. do?

National Vision Holdings, Inc. is a leading optical retailer in the United States, providing affordable and accessible eye care and eyewear through its various brands.

Which brands are part of National Vision Holdings, Inc.?

The brands under National Vision Holdings, Inc. include America's Best Contacts & Eyeglasses, Eyeglass World, Vision Centers brought to you by Walmart, Vista Optical inside Fred Meyer, and optical centers on select military bases.

How many retail locations does National Vision operate?

National Vision operates over 800 retail locations across 44 states, the District of Columbia, and Puerto Rico.

What are the operating segments of National Vision Holdings, Inc.?

National Vision has two main operating segments: the Owned and Host segment and the Legacy segment.

Which segment drives the majority of National Vision's revenue?

The majority of National Vision's revenue comes from the Owned and Host segment.

Who provides vision care services at America's Best stores?

Vision care services at America's Best stores are provided by optometrists or independent professional corporations.

Where does National Vision provide eye exams through independent optometrists?

Eye exams are provided through independent optometrists at Military and Fred Meyer locations.

What is the mission of National Vision Holdings, Inc.?

The mission of National Vision Holdings, Inc. is to make quality eye care and eyewear more affordable and accessible.

How many employees does National Vision have?

National Vision has a workforce of 8,000 employees.

Where can I find the latest news about National Vision Holdings, Inc.?

The latest news about National Vision Holdings, Inc. can be found on financial news websites and the company's official website.

National Vision Holdings, Inc.

Nasdaq:EYE

EYE Rankings

EYE Stock Data

887.51M
77.16M
2%
105.3%
6.57%
Specialty Retail
Ophthalmic Goods
Link
United States of America
DULUTH