National Vision Q2 net loss $1.0M, revenue up 4.6%, cuts FY2024 outlook

National Vision Holdings, Inc.

2024-Q2 EPS reported $0.11 revenue$934,527,000

Net revenue from continuing ops $451.7M (+4.6% YoY); comparable store sales growth 2.2%.
Net loss from continuing ops $(1.0)M, Diluted EPS $(0.01); Adjusted Diluted EPS $0.15.
Discontinued ops (Walmart, AC Lens) revenue $53.5M, net loss $(2.1)M.
FY2024 guidance revised; cites need for stronger sales inflection to meet original expectations.
New actions: leadership additions, store fleet review to drive growth and capital discipline.

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