I downgrade National Vision Holdings to a hold rating due to lack of near-term stock price appreciation and the need for tangible growth evidence. 3Q24 earnings showed modest growth, with net revenue up 2.9% y/y, driven by higher tickets and slight same-store sales growth. Strategic initiatives like new product launches and store fleet optimization are positive but require time to show signific...
DULUTH, Ga.--(BUSINESS WIRE)--National Vision Holdings, Inc. (NASDAQ: EYE) (“National Vision” or the “Company”) today reported its financial results for the third quarter ended September 28, 2024. “We are encouraged by the progress we are making against key elements of our transformation, including completing the review of our store fleet, implementing new traffic-driving initiatives, continuin...
DULUTH, Ga.--(BUSINESS WIRE)--National Vision Holdings, Inc. (NASDAQ: EYE) (“National Vision” or the “Company”) today announced the results of its comprehensive store fleet review. In August 2024, the Company announced it had identified an initial list of less than 5% of its total fleet that were not meeting its profitability thresholds and said it was considering potential actions for those un...
DULUTH, Ga.--(BUSINESS WIRE)--National Vision Holdings, Inc. (NASDAQ: EYE) (“National Vision” or the “Company”) will report its third quarter 2024 financial results before the market opens on Wednesday, November 6, 2024 and will host a conference call at 8:30 a.m. Eastern Time. To pre-register for the conference call and obtain a dial-in number and passcode, please refer to the “Investors” sect...
DULUTH, Ga.--(BUSINESS WIRE)--National Vision, Inc., one of the nation's largest optical retailers providing quality, affordable eye care and eyewear, announced today that its annual scholarship program is open for entries, offering eligible optometry students the opportunity to win up to $7,500. This year's scholarship program challenges students to explore the topic of “AI and the Future of E...
Leading Customizable Eyewear Brand Creates "Store Within a Store" at America's Best, Names National Vision Doctor of Optometry Network the Brand's Official Eye Care Provider DULUTH, Ga. , Sept. 24, 2024 /PRNewswire/ -- National Vision, Inc., one of the nation's largest optical retailers providing quality, affordable eye care and eyewear, announced today it is solidifying its partnership with Pa...
DULUTH, Ga.--(BUSINESS WIRE)--National Vision Holdings, Inc. (NASDAQ: EYE) today announced that the Company is scheduled to present at the Goldman Sachs 31st Annual Global Retailing Conference on Wednesday, September 4, 2024, at 1:10 p.m. Eastern Time. A live webcast of the presentation can be accessed in the “Investors” section of the Company's website at www.nationalvision.com/investors. The ...
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