earnings
confidence high
sentiment negative
materiality 0.80
National Vision Q3 net loss of $73.8M on $79.4M Walmart impairment; revenue 6.6% higher
National Vision Holdings, Inc.
2023-Q3 EPS reported
-$0.64
revenue$1,620,065,000
- Net revenue $532.4M (+6.6% YoY); comp store sales +3.8%; adjusted comp +4.3%.
- Net loss $73.8M vs income $11.5M; includes $79.4M non-cash impairment from Walmart partnership termination.
- Adjusted operating income $15.7M (prior-year $21.5M); adjusted diluted EPS $0.15 flat YoY.
- Announced cost savings and pricing initiatives; managing Walmart transition disruption.