Exhibit 99.1 National Vision Holdings, Inc. Reports Second Quarter 2024 Financial Results Announces New Actions to Accelerate Transformation Second quarter 2024 highlights compared to Q2 2023: • Net revenue from continuing operations of $451.7 million, an increase of 4.6% • Comparable store sales growth of 2.2% and Adjusted Comparable Store Sales Growth of 2.4% • Net loss from continuing operations of $(1.0) million, Diluted EPS from continuing operations of $(0.01) • Adjusted Operating Income from continui ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value ...

Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels. Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years. EYE currently has a forward P/E ratio of 26.63, while PODD has a forward P ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and ...

The stock scored a strong price increase on investors' optimism surrounding National Vision's appointment of Mark Banner as the company's new Chief Stores Officer, effective July 8, 2024. The company expects Mark's presence to strongly contribute to National Vision's store performance going forward. For National Vision, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estima ...

Right now, both National Vision and Stryker are sporting a Zacks Rank of # 2 (Buy). This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that these stocks have improving earnings outlooks. However, value investors will care about much more than just this. EYE currently has a forward P/E ratio of 23.52, while SYK has a forward P/E of 28.08. We also note that EYE has a PEG ratio of 1.67. This metric is used similarly to t ...

National Vision's four sub-segments within Owned and Host are consistently gaining market share, banking on several growth drivers. These include diminishing eyesight with increasing age, which is leading new customers to buy corrective eyewear, and a steady and consistent replacement cycle, with customers replacing or purchasing new eyewear for a variety of reasons, including changes in prescriptions, fashion trends and necessity. America's Best and Eyeglass World are particularly driving revenues. Nationa ...

With multiple factors in play, a major shakeout is due in the e-commerce space. The rise of AI advances in logistics tech and the post-pandemic norm will play a huge role in driving e-commerce moving forward. In this race, though, you'd expect several companies to be left in the dust, making it an opportune time to consider retail stocks at risk. The intensification of the e-commerce shakeout spells trouble for traditional retail stocks, with the most efficient and tech-savvy companies likely to survive. Wi ...

National Vision Holdings, Inc. (EYE) delivered an adjusted EPS (earnings per share) of 30 cents in the first quarter of 2024 compared with 31 cents in the year-ago quarter. However, the figure topped the Zacks Consensus Estimate by 7.1%.GAAP earnings from continuing operations in the quarter was 16 cents per share compared with 20 cents in the prior year’s quarter.Revenues in DetailOn Feb 23, 2024, National Vision completed the termination of the Walmart Management and Services Agreement and discontinued th ...

Simeon Gutman Okay. And then follow-up, just two parts. The price increases on exams, I'm assuming you're competitive within the market, but any other competitive changes on price, are you at a value to the market? And then Melissa said - sorry, go ahead. results and a return to mid-single-digit adjusted comparable store sales growth, are critical steps in achieving our fiscal 2025 target of a mid-single-digit adjusted operating margin. I will now turn the call over to Reade for closing remarks before we op ...