National Vision reports Q3 adjusted EPS 13c, consensus 13c

Reports Q3 revenue $487.3M, consensus $473.12M. “Our strong performance this quarter demonstrates that our team’s focused execution on our initiatives is delivering results,” said Alex Wilkes, National Vision’s (EYE) CEO. “Our merchandise strategy is working, our associates are embracing new selling techniques, and our new America’s Best branding is resonating with consumers. We continue to see strong traffic growth with Managed Care, Progressive and Outside Rx customers, and are very pleased with the intentional evolution of our customer mix that we expect will lead to a healthier business overall. The strategic investments we are making are beginning to transform customer engagement, enabling greater operating efficiency and more personalized solutions while reinforcing our strong value proposition, best-in-class exam experience, and evolving product mix. Looking ahead, we plan to launch further capabilities and expanded product offerings that will build upon the improvements we are making to transform the business, leading to sustained growth for years to come.”