National Vision Q4 revenue down 1.9% to $468.9M; net loss of $9.3M

National Vision Holdings, Inc.

2022-FY EPS reported $0.52 revenue$2,005,404,000

Net revenue $468.9M, down 1.9% YoY; comparable store sales (5.7%), adjusted comparable store sales (2.4%).
Net loss of $9.3M ($0.12 diluted EPS) vs net income of $6.2M ($0.07) in Q4 2021.
Adjusted operating income loss of $6.8M vs $16.8M; adjusted diluted EPS loss of $0.08 vs $0.13.
CEO cites challenging macro environment impacting core value-conscious uninsured customers.
2023 strategic initiatives include expanding exam capacity, digitization, omni-channel, and optometrist recruiting.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

National Vision Holdings, Inc. reported the quarter and full fiscal year ended December 31, 2022 results: revenue Net revenue of $468.9 million, net income Net income of $(9.3) million, EPS Diluted EPS of $(0.12).

Period: the quarter and full fiscal year ended December 31, 2022
Revenue: Net revenue of $468.9 million
Net income: Net income of $(9.3) million
EPS: Diluted EPS of $(0.12)
Result: reported results

Exact text from the filing

National Vision Holdings, Inc. Reports Fourth Quarter and Fiscal 2022 Financial Results Fourth quarter 2022 highlights: • Net revenue of $468.9 million, a decrease of 1.9% from Q4 2021 • Comparable store sales growth of (5.7)% & Adjusted Comparable Store Sales Growth of (2.4)% from Q4 2021 • Net income of $(9.3) million and Diluted EPS of $(0.12) compared to $6.2 million and $0.07, respectively, in Q4 2021 • Adjusted Operating Income of $(6.8) million compared to $16.8 million in Q4 2021 • Adjusted Diluted EPS of $(0.08) compared to $0.13 in Q4 2021

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Source: SEC EDGAR

accession 0001710155-23-000009

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