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. (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 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.
National Vision Holdings, Inc. (NASDAQ: EYE) reported a strong first quarter for 2021, with net revenue increasing by 13.7% to $534.2 million compared to the same quarter in 2020. The company opened 25 new stores, raising its total to 1,230 stores. Net income soared by 346% to $43.4 million, while diluted earnings per share surged 302% to $0.48. Adjusted Comparable Store Sales Growth reached 35.8%. However, unearned revenue created a negative impact of 7.4% on revenue and profitability. The company projects net revenue between $1.975 - $2.025 billion for fiscal 2021.
National Vision Holdings (NASDAQ: EYE) announced a two-year philanthropic collaboration with Americares and RestoringVision to provide free eyeglasses to vulnerable populations in the U.S. The company will donate $250,000 annually, totaling $500,000. This partnership aims to enhance access to vision care and improve the quality of life for low-income and uninsured individuals, with a goal of delivering up to 500,000 pairs of glasses. The initiative aligns with National Vision's mission to make eye care affordable and accessible, addressing health equity and economic disparities.
National Vision Holdings, Inc. (NASDAQ: EYE) will announce its Q1 2021 financial results on May 13, 2021, before market opening. A conference call to discuss these results will occur at 10:00 a.m. ET on the same day, accessible via phone or live audio webcast. National Vision operates over 1,200 stores across 44 states, focusing on affordable optical care under multiple brands such as America’s Best Contacts & Eyeglasses and Eyeglass World. The company is committed to enhancing accessibility to quality eyewear.
National Vision Holdings, Inc. (NASDAQ: EYE) has appointed Roger Francis as Chief Stores Officer, effective May 3, 2021. Francis, previously with CVS for 18 years, will oversee operations for over 1,200 stores and contribute to advancing National Vision's growth strategies. He succeeds Sharon Petitt, who will retire on July 1, 2021, after 40 years in the optical industry. National Vision aims to enhance the customer experience in optical retail, leveraging Francis's extensive retail healthcare expertise.
National Vision Holdings, Inc. (NASDAQ: EYE) has awarded $7,000 in grants to three optometry students for their essays on the lasting impacts of COVID-19 on optometric practice. The first-place winner, Juan Manuel Giraldo, received $5,000, while Dana Shannon and Nhi Trinh each received $1,000 as runners-up. This initiative highlights the company's commitment to supporting the next generation of optometrists and fostering innovative thinking in healthcare.
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