earnings
confidence high
sentiment negative
materiality 0.80
National Vision Q1 revenue down 1.2% to $527.7M; cuts FY2022 outlook
National Vision Holdings, Inc.
2022-Q1 EPS reported
$0.34
revenue$527,711,000
- Net revenue $527.7M (-1.2% YoY); comparable store sales growth (4.9)%, adjusted (6.8)%.
- Net income $30.1M (-30.6%); diluted EPS $0.34; adjusted diluted EPS $0.33 (-31.5% YoY).
- Adjusted operating income $45.3M (-33%); updates FY2022 outlook citing Omicron, consumer weakness, exam capacity constraints.
- Accelerating remote medicine rollout; first pricing change to America's Best signature offer in over 15 years.
- Opened 17 new stores including two Eyeglass World locations during Q1.