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.
National Vision, Inc. has launched its annual scholarship program for third- and fourth-year optometry students, offering a total of $7,500 for the first-place winner, the largest amount in the program's history. Students are invited to submit essays or videos on the topic of affordable primary eye care amid rising healthcare costs. Submissions are due by February 15, 2022, and winners will be announced on April 1, 2022. The initiative aims to promote accessibility in eye care as the company operates over 1,200 retail locations across the U.S. and Puerto Rico.
National Vision Holdings reported a strong third quarter for fiscal 2021, with net revenue increasing by 19.9% to $518 million compared to Q3 2019, driven by a 15.7% growth in comparable store sales. The company achieved a net income of $41 million and diluted EPS of $0.45, marking substantial increases from previous years. With a new $50 million share repurchase program and a $50 million prepayment on loans, the company is strengthening its financial position amid ongoing market challenges.
National Vision Holdings, Inc. (NASDAQ: EYE) will disclose its Q3 2021 financial results on November 10, 2021, before market opening. A conference call is scheduled for the same day at 10:00 a.m. Eastern Time, with access through U.S. and international dialing options, and a passcode of 8189528. Participants can also join via a live audio webcast available on the Company’s website. The call will be archived for replay until November 17, 2021. National Vision is recognized as the second largest optical retail firm in the U.S., operating over 1,200 stores across 44 states and Puerto Rico.
National Vision, Inc. has released its inaugural Corporate Responsibility Report titled A World Worth Seeing. The report emphasizes the company's commitment to enhancing transparency in its environmental, social, and governance (ESG) initiatives. Key highlights include over $2.3 million donated to nonprofits for global vision issues, improved employee benefits such as extended parental leave, and completion of a Greenhouse Gas Emissions Inventory. Additionally, National Vision has established a Diversity, Equity, and Inclusion (DEI) strategy. The report aligns with recognized standards like SASB and GRI.
National Vision Holdings, Inc. (NASDAQ: EYE) has launched its limited-edition "Pumpkin Spice Latte Collection" of eyeglass frames, featuring 12 exclusive designs for men and women. Priced under $100, these frames are inspired by the popular fall beverage and offer a stylish, affordable option for eyewear. The collection is available in all America’s Best retail locations and online. Megan Molony, Senior VP of Merchandising, emphasized the collection's appeal during the fall season, making quality eyewear accessible to customers.
National Vision Holdings, Inc. (EYE) reported strong Q2 2021 results, with net revenue of $549.5 million, marking a 28% increase from Q2 2019 and 111% from Q2 2020. Customer transactions rose significantly, and net income surged 267% to $37.6 million. The Company opened 20 new stores, bolstering its total to 1,249. Looking ahead, the updated fiscal 2021 outlook forecasts net revenue between $2.01 to $2.06 billion, with adjusted diluted EPS expected to range from $1.28 to $1.33, reflecting operational momentum despite ongoing COVID-19 uncertainties.
National Vision Holdings, Inc. (NASDAQ: EYE) will announce its second quarter 2021 financial results before the market opens on August 12, 2021. A conference call to discuss the results is scheduled for the same day at 10:00 a.m. Eastern Time. Participants can access the call via phone or through a live audio webcast available on the company’s website. The company operates over 1,200 stores across the U.S. and focuses on affordable eye care and eyewear.
National Vision Holdings, Inc. (NASDAQ: EYE) successfully hosted its Annual Continuing Education Symposium, bringing together over 1,500 optometrists across three regional events due to COVID-19. This year's symposium allowed attendees to earn up to 32 hours of continuing education, surpassing the traditional model. The company honored 265 optometrists for their significant years of service, highlighting nearly 3,000 years of combined experience. CEO Reade Fahs emphasized the importance of community and networking among optometrists, showcasing National Vision’s commitment to professional development and collaboration.
National Vision Holdings, Inc. (NASDAQ: EYE) announced that its "Made Locally, Given Globally" program has achieved over 100,000 eyeglass donations to individuals in 26 countries since its launch in 2019. This initiative, in collaboration with nonprofits like RestoringVision, allows Eyeglass World associates to craft glasses for both customers and those in need worldwide.
Executives expressed pride in the program's impact, emphasizing its role in enhancing access to affordable eye care and eyewear globally, aligning with the company’s mission of improving vision for underserved communities.
National Vision Holdings, Inc. (NASDAQ: EYE) will present at the William Blair 41st Annual Growth Stock Conference on June 2, 2021, at 1:00 p.m. Eastern Time. A live audio webcast will be accessible on the Company’s website, with an archived version available shortly after the event.
National Vision is a leading optical retailer in the U.S., operating over 1,200 stores across 44 states, D.C., and Puerto Rico. The Company aims to make quality eye care affordable and accessible through brands like America’s Best Contacts & Eyeglasses and Eyeglass World.
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