All National Vision articles
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ArticleSlight average eyewear stocks price hike in Q1 reflects extreme ups and downs
The average stock price of public eyewear companies inched up by 1.6 percent on a non-weighted basis during the first quarter of 2024, slowing down from the 8.4 percent growth calculated for Q4 2023. The Q1 2024 performance also fell short of the 8.1 percent quarter-on-quarter growth of the MSCI ...
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ArticleNational Vision posts good Q4, transitions out of Walmart partnership
National Vision, the third largest optical retail player in the U.S., has reported Q4 revenue of $500.4 million, up by 8.0 percent year-on-year. The company said that the quarterly growth was primarily driven by a 6.0 percent increase in comparable store sales that reflected both an increase in customer transactions ...
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News briefs
National Vision signs distribution partnership with DTC brand
National Vision has announced the signing of a distribution partnership with Pair Eyewear, a U.S. direct-to-consumer brand that offers eyeglasses - starting from $60 with single-vision lenses - and sunglasses with customizable fronts for children and adults, including capsule collections with brands such as NBA, Harry Potter or Coca-Cola. The ...
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ArticleEyewear stock price up 8% in Q4, sector market capitalization up 10% year-on-year
Along with our usual quarterly update on public eyewear companies’ stock price variations, we are also publishing in the table below the year-on-year changes to provide a longer-term perspective, as well as our annual market capitalization ranking further down on this page. After a negative third quarter, the average stock ...
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ArticleNational Vision moves to offset Walmart divorce impact, on track to meet FY guidance
National Vision announced steps to offset the impact on profits of the previously announced end of its partnership with retailing giant Walmart next year, as it released third-quarter results showing it remains on track to meet full-year guidance despite a macroeconomic environment described as “challenging”. Starting in 2024, the company ...
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ArticleEyewear companies' average stock price down in Q3
After two consecutive quarters of double-digit growth, the average stock price of eyewear companies went down by an average 7 percent on a non-weighted basis (see chart below) in the quarter ended Sept. 30. This also marks an unusual underperformance compared with the MSCI World Index, a global index comprising ...
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ArticleNational Vision raises 2023 earnings guidance as prepares for end of Walmart partnership
National Vision raised its earnings guidance for the full year while maintaining its outlook for sales, as the optical retailer’s management provided financial analysts with initial indications of how it intends to ride out the previously announced end next year of its long-standing partnership with the retailer Walmart. For the ...
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ArticleNational Vision reels as Walmart prepares to end partnership
National Vision shares took a hit in trade on the Nasdaq stock exchange July 27, tumbling 22 percent on the day after the surprise announcement that U.S. retailing giant Walmart has decided to end its long-standing partnership with the optical retailer next year. Walmart’s decision not to renew the partnership ...
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ArticleTwo retail groups top our Q2 stock price chart
Stock prices of eyewear industry companies confirmed in Q2 their upward trend started in the previous quarter. On a non-weighed average basis, they increased by 12.5 percent quarter-on-quarter overperforming the 6.3 percent rice of MSCI World, a global index comprising over 1,500 companies. EWI Stock price chart Q2 2023 ...
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News briefs
National Vision posts Q1 revenue increase but margins still down
National Vision has reported its first quarterly revenue increase in more than a year as group sales increased by 6.6 percent year-on-year to $562.4 million in Q1 2023. On a comparable-store basis, sales went up by 3.0 percent versus Q1 2022. Profitability remained however under pressure as the higher eyeglass ...
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News briefsNational Vision gives a nod to mental health
In recognition of Mental Health Awareness Month, National Vision has released a new limited edition of 24 frame models, in a variety of shapes and colors, some with a two-tone design, all with an icon of the month’s symbol, a green ribbon. The line is called See Inside, and the ...
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News briefs
Topcon and National Vision lead $8 m investment round in Toku Eyes
Toku Eyes, a New Zealand-based tech company specializing in AI-powered eye screening tools has announced the completion of a $8 million Series A investment round that will help it accelerate its technical and commercial development. The round was led by National Vision, a leading U.S. optical retail group with over ...
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ArticleEyewear stocks start 2023 on the right foot
Stock prices of eyewear companies were off to a good start of the year, with an average growth of 13 percent on a non-weighted basis in Q1 2023 compared with Q4 2022. It is the first time in more than a year that their average value significantly increased, overperforming the ...
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ArticleNational Vision in the red in Q4 as uninsured customer base is hit by inflation
National Vision, the U.S. third largest optical retailer, has reported decreasing sales and sharp profitability drops for both the last quarter of 2022 and the full year, which sent the company’s stock price tumbling. The company, which mostly addresses the lower end segment of the market, noted that the economic ...
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News briefs
National Vision keeps expanding store network in spite of declining sales
U.S. optical retail group National Vision has reported Q3 revenue of $499 million, down by 3.6 percent compared to 2021. Comparable store sales decreased by 8.0 percent year-on-year for the quarter. These declines however mark a small improvement from Q2 where revenue and comparable store sales were down by 7.2 ...
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ArticleNational Vision releases sustainability report
National Vision, the third largest optical retailer in the U.S., has just released its 2021 sustainability report, called “A World Worth Seeing”. The full report, which presents the group’s activities and progress in four different CSR areas (social, employees, environment and governance), can be downloaded on the company’s website. We ...
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ArticleStrong stock price variations for eyewear companies in Q3
On a non-weighted average basis, stock prices of publicly listed companies in the eyewear sector went down by 1.3 percent in the quarter to September 30 in an apparent relative recovery from the 17 percent dive reported for the previous quarter. It compares slightly unfavorably with the global MSCI index, ...
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ArticleNational Vision cuts sales outlooks as Q2 sales continue decline
National Vision said it was cutting its forecasts for top line growth for the full year, after sales slipped in the second quarter of 2022. Revenues in the three months ended July 2, 2022, decreased by 7.3 percent compared to the year earlier to $509.6 million and were positively impacted ...
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ArticleEyewear companies stocks down by 17% in Q2
Contrary to other sectors such as energy, aerospace, defense or agriculture, which saw their stock value increase significantly in the last few months, the eyewear industry was not among the beneficiaries from the move of global money away from investments in Big Tech companies. Indeed, the 23 eyewear public companies ...
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News briefs
The U.S. optical retail market consolidated further in 2021
The top 10 optical retailers significantly increased their share of the U.S. market to roughly 40 percent or $15.2 billion in value, in parts through acquisitions according to the annual report by Vision Monday. The top 3 positions in the ranking are held by Vision Source ($2.7 bn in total ...
