National Vision Holdings, Inc. (EYE) delivered an adjusted loss per share of 2 cents for the fourth quarter of 2023, narrower than the year-ago quarter’s adjusted loss of 8 cents. The figure topped the Zacks Consensus Estimate of a loss of 16 cents per share.GAAP loss in the quarter was 20 cents per share, marking a significant decline from the prior-year reported loss of 12 cents.Full-year 2023 GAAP loss was 84 cents per share against earnings of 53 cents in 2022.Revenues in DetailRevenues in the fourth qu ...

Company Participants Reade Fahs - Chief Executive Officer Conference Call Participants Brandon Cheatham - Citi Adrienne Yih - Barclays Good day, and thank you for standing by. Welcome to the Q4 2023 National Vision Holdings Earnings Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a questionand-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. Thank you, and good morning everyone. Welcome to Nat ...

For the quarter ended December 2023, National Vision (EYE) reported revenue of $506.4 million, up 8% over the same period last year. EPS came in at -$0.02, compared to -$0.08 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $499.36 million, representing a surprise of +1.41%. The company delivered an EPS surprise of +77.78%, with the consensus EPS estimate being -$0.09.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...

February 27, 2024 Forward-Looking Statements Change vs FY 2022 Adjusted Comparable Store Sales Growth1 5.7% 2.9% ❖ Opened 70 new stores in FY23 (17 in Q4) and ended the year with 1,413 stores Net Revenue ($M) 1,354 1,413 WM/MIL/FM AB EGW Q4 2022 Q4 2023 Growth Brands Total Store Count Commentary AB: (1.8)% (2.4)% • Positively impacted by timing of unearned revenue by 0.2% 1-Non-GAAP financial measure; see Appendix for reconciliation to GAAP financial measures. Q4 2023 Results (1.4)% 0.1% Adjusted Diluted EP ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________ FORM 10-K _______________________________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Comm ...

Exhibit 99.1 National Vision Holdings, Inc. Reports Fourth Quarter and Fiscal 2023 Financial Results Fourth quarter 2023 highlights: • Net revenue of $506.4 million, an increase of 8.0% from Q4 2022 • Comparable store sales growth of 6.0% and Adjusted Comparable Store Sales Growth of 5.7% from Q4 2022 • Net loss of $(16.0) million and Diluted EPS of $(0.20), inclusive of $4.9 million in expenses related to the termination of the Walmart partnership, compared with Net loss of $(9.3) million and Diluted EPS o ...

National Vision's (EYE) impending termination of its Legacy business might dent growth. High dependence on a limited number of vendors and a tough competitive landscape are other threats. The stock carries a Zacks Rank #4 (Sell) currently.National Vision, in July 2023, announced that its long-term partnership with Walmart is going to be terminated on Feb 23, 2024. In connection with the termination of the Walmart contract, the company recorded $60.1 million related to Legacy segment goodwill, $9.1 million r ...

DULUTH, Ga.--(BUSINESS WIRE)--National Vision Holdings, Inc. (NASDAQ: EYE) (“National Vision” or the “Company”) will report its fourth quarter and fiscal 2023 financial results before the market opens on Tuesday, February 27, 2024. The Company will host a conference call to discuss these results on Tuesday, February 27, 2024, 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” section of the Company’s website at www.nat ...

Limited-edition collaboration features innovative designs that complement diverse faces.DULUTH, Ga., Jan. 30, 2024 /PRNewswire/ -- National Vision, Inc. the nation's second largest optical retailer and provider of quality, affordable eye care and eyewear, announced its collaboration with women and Black-owned eyewear company, Vontélle Eyewear, on an exclusive frame collection celebrating Black History Month. The limited-edition Official by Vontélle frames will be available while supplies last in all 900+ Am ...

Melissa Rasmussen Thank you very much. Good luck. Reade Fahs Thank you. Operator Next question offline of Zach Fadem from Wells Fargo. Your line is open. Zach Fadem Hey, good morning. So when you look at your 4% comp in the quarter and nearly 6% at America's Best, could you parse out the comp impact from fully staffed stores relative to the drag of understaffed and dark stores? And then maybe talk about how these metrics each of them have been tracking throughout the course of the year? Hey, Michael. This i ...