All National Vision articles – Page 2
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ArticleNational Vision outlook down, prices up as inflation bites
National Vision, the U.S. optical retail group addressing the entry-level segment of the market with its America’s Best and Eyeglass World chain, has downgraded its outlook for the 2022 fiscal year and increased its prices following a decline in both Q1 revenue and income. Quarterly net revenue decreased by 1.2 ...
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ArticleEyewear industry stock prices down 13% in Q1
The first quarter of 2022 was the worst quarter for global equity markets since the first quarter of 2020 when the Covid-19 pandemic started spreading worldwide, leading to travel restrictions and lockdowns and prompting stock markets to collapse in March. Since the start of this year, the U.S. equity market ...
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ArticleNational Vision issues cautious 2022 forecast after record 2021
National Vision, the U.S. optical retail group operating the America’s Best and Eyeglass World chains, has reported a 3.8 percent year-on-year decline in revenues to $477.9 million for the last quarter of its 2021 fiscal year. However, as compared to the same quarter of the 2019 reference year, group sales ...
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News briefs
National Vision Q3 revenues up 20% versus 2019
National Vision reported net revenues of $518.0 million for its third quarter, up by 6.7 percent year-on-year and by 19.9 percent versus 2019. On an adjusted comparable store basis, the group’s revenues increased by 13.3 percent in Q3 as compared to the same period two years before. National Vision opened ...
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News briefs
National Vision to top $2 bn in annual revenues
National Vision , the U.S. optical retail group operating the entry-level segment of the market with its America’s Best and Eyeglass World banners, has upgraded its 2021 outlook again following a strong Q2. Quarterly revenues more than doubled to $549.5 million as compared to the same quarter in ...
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News briefs
National Vision to distribute free glasses in the U.S.
With the support of Americares and RestoringVision , each of which is donating $250,000, National Vision Holdings will be conducting a two-year campaign to provide eyeglasses free of charge – through its charity, 20/20 Quest – to poor, uninsured or underinsured people in the U.S. Motivating the ...
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News briefs
National Vision upgrades 2021 outlook after solid Q1
National Vision , the U.S.-based optical retailer operating the America’s Best and Eyeglass World banners, reported a net increase in Q1 revenues of 13.7 percent as compared to Q1 2020, reaching $534.2 million. The quarterly sales’ growth was driven by a 18.2 percent year-on-year increase on a comparable ...
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Article
National Vision finds growth potential in a pandemic economy
National Vision , the U.S.-based optical retailer behind the America’s Best and Eyeglass World banners, registered a second consecutive quarter of double-digit increase in sales after big declines in the first half of the year due to the Covid-19 crisis impact. For its fourth quarter ended Jan. ...
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ArticleEyewear industry stocks grew by 6% in 2020
We are publishing here for the first time our ranking of the main stock-listed eyewear industry companies, based on their stock market capitalization in euros at the end of 2020. The corresponding table also shows the change in market value from the previous year, both in local currency and euros. ...
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ArticleNational Vision sees Q4 comparable sales up by 5-9% as pent-up demand moderates
National Vision expects adjusted comparable store sales to grow by only 5 to 9 percent in the fourth quarter, after rising by 12.4 percent in the previous three months, as pent-up demand peters out. The third quarter experienced a strong rebound after comparable sales declined by 36.5 percent in ...
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ArticleNational Vision returned to growth in June
National Vision ’s second quarter net revenues fell to $260.0 million from $429.5 million a year earlier as comparable store sales contracted by a reported 44.7 percent and by 36.5 percent on an adjusted basis. Comparable store sales dropped by 83.9 percent in April and by 56.6 percent in ...
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News briefs
National Vision extends partnership with Walmart to 2024
National Vision has extended its management and services agreement (MSA) with Walmart by three years to Feb. 23, 2024. National Vision has had a 30-year optical partnership with the American retailer and currently operates 231 Vision Centers inside selected Walmart locations. As part of the agreement, the ...
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Article
National Vision’s revenues collapse in March, refinances its debt
National Vision ’s comparable store sales fell sharply in March as it temporarily closed stores due to the Covid-19 pandemic. The company is issuing a $350 million convertible note to refinance its debt.
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News briefs
National Vision donates eyewear for children
National Vision has announced that during the holiday season it donated more than 8,100 pairs of free prescription eyeglasses to children in need across the U.S. through its 2019 holiday give-back initiative with America’s Best Contacts Eyeglasses , its largest retail brand. National Vision Holdings is one of ...
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