National Vision Holdings, Inc.’s (EYE) growth is backed by the consistent market expansion of the Owned and Host segment. The company’s strategic progress in terms of expanding exam capacity, recruitment and retention efforts and remote exam initiatives is highly encouraging. However, weak solvency and an ailing capital structure are concerning. Mounting expenses due to slow economic conditions also add to the worry.In the past year, this Zacks Rank #3 (Hold) company’s shares have lost 33.4% against the ind ...

In an exclusive retail partnership with National Vision's America's Best brand, the launch expands award-winning actor Millie Bobby Brown's beloved beauty, lifestyle and fashion line to the American eyewear market. The collection, developed with eyewear manufacturer Mondottica Group, features a full range of sun and optical eyewear styles designed to curate confidence in the next generation. The inclusive and intentional eyewear styles were crafted to make the wearer feel joyful and empowered through the br ...

National Vision Holdings, Inc. (EYE) delivered an adjusted EPS (earnings per share) of 15 cents in the second quarter of 2024 compared with 17 cents in the year-ago period. The figure surpassed the Zacks Consensus Estimate of 6 cents.The GAAP loss from continuing operations was 1 cent per share compared to an EPS of 5 cents in the prior-year quarter.Revenues in DetailOn Feb 23, 2024, National Vision completed the termination of the Walmart Management and Services Agreement and discontinued the former Legacy ...

财务数据和关键指标变化 - 第二季度收入为4.52亿美元,同比增长4.6% [37] - 经调整的可比店铺销售额同比增长2.4%,其中America's Best品牌增长2.9% [14] - 经调整的营业利润增长13.8%至1.41亿美元 [14] - 经调整的每股摊薄收益为0.15美元 [42] 各条业务线数据和关键指标变化 - America's Best品牌的可比店铺销售额增长2.9% [15] - Eyeglass World品牌的可比店铺销售额从第一季度开始有所改善,但仍为负0.5% [14] - 受管理式医疗客户的销售增长高个位数,反映了客户认识到在公司购物更有优惠 [15] - 现金支付客户的销售基本持平去年,较第一季度的低个位数负增长有明显改善 [15] 各个市场数据和关键指标变化 - 公司在美国各地区的表现存在差异,需要根据市场需求和供给情况进行优化 [69][70] 公司战略和发展方向及行业竞争 - 公司正在加快转型步伐,包括扩大远程检查能力、实施更灵活的医生排班、执行各种定价行动和促销活动、实施电子健康记录系统等 [17][25][26] - 公司正在审查门店组合,对不达标的门店进行关闭、转换或改善计划 [21][22][23] - 公司计划2025年适度增加新店开设,以确保增量自由现金流和健康增长 [24] - 公司正在投资AI技术,利用自身的大型医生网络和视网膜相机设备,为患者提供创新的AI解决方案 [31][32] 管理层对经营环境和未来前景的评论 - 宏观消费者压力加剧,第二季度销售结果尽管为正,但需要更高的增长才能有信心实现原定的中单位数同店销售增长目标 [16] - 公司正在采取新措施加快改善和巩固基础,包括引入新的领导团队、审查门店组合等 [12] - 公司相信长期机会依然存在,正在采取的行动将加强基础,以更好地把握未来增长 [54] 其他重要信息 - 公司首席运营官Patrick Moore将于年底退休,新任总裁Alex Wilkes和新任首席门店官Mark Banner加入公司 [18][19][20] - 公司董事会新增Caitlin Zulla,她拥有医疗行业和财务专业背景 [34] - 公司调整了2024财年指引,预计收入为18.2-18.4亿美元,经调整营业利润为5700-6200万美元,经调整每股收益为0.45-0.50美元 [48][49][50] - 公司预计2025年的经营利润率与2024年相当,实现中单位数经营利润率目标将推迟 [52][53] 问答环节重要的提问和回答 问题1 **Michael Lasser 提问** 公司过去多年保持中单位数同店销售增长的原因是什么?现在为什么难以恢复到那种水平? [57][58][59][60][61] **Reade Fahs 回答** 主要有三个原因:1)疫情期间刺激性消费导致购买周期受到干扰;2)医生退休和减少工作日导致医生资源短缺;3)近1-2年通胀压力显著增加 [58][59][60][61] 公司采取了一系列措施应对,包括快速扩展远程检查能力、实施更灵活的医生排班、执行定价行动和数字化转型等 [61] 问题2 **Simeon Siegel 提问** 公司各门店的销售生产率存在较大差异吗?在门店优化过程中如何考虑这一因素? [67][68][69][70] **Melissa Rasmussen 回答** 确实存在一定差异,America's Best表现最好,Eyeglass World需要改善。公司将在门店优化时关注多方面因素,包括门店所在市场的供需情况 [69][70] 问题3 **Anthony Chukumba 提问** 公司最近推出的2副眼镜69.95美元和2副129.95美元的促销活动对第三季度开学季的影响如何? [76][77] **Reade Fahs 回答** 7月受天气和全球IT挑战的影响略有弱于6月,但仍保持正增长。对于开学季,目前还为时尚早 [77]

National Vision (EYE) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 150%. A quarter ago, it was expected that this discount optical retailer and eye care provider would post earnings of $0.28 per share when it actually produced earnings of $0.30, delivering a surprise of 7.14%.Over ...

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.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at ...

Investors looking for stocks in the Medical - Products sector might want to consider either National Vision (EYE) or Insulet (PODD) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estima ...

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 t ...

National Vision (EYE) shares rallied 7.2% in the last trading session to close at $12.99. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 15.2% loss over the past four weeks.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 co ...