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National Vision Holdings Inc (EYE)
NASDAQ:EYE
RESEARCH TOOLSreports
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.32Last Year’s EPS
0.32Same Quarter Last Year
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: 11.10%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted the company's positive sales growth, strategic shifts towards higher-value customers, and successful cost management initiatives. However, challenges such as declining sales at Eyeglass World and recent traffic slowdowns were noted. Overall, the company remains optimistic about its strategic direction and transformation efforts.Company Guidance
During the call, National Vision Holdings outlined its financial performance and strategic priorities for 2025. The company reported a 3.9% increase in fourth-quarter sales to $437.3 million, driven by a 1.5% rise in adjusted comparable store sales. America's Best saw a 2% growth, while Eyeglass World experienced a decline of 1.7%. For fiscal 2024, net revenue rose by 3.8% to $1.823 billion, with managed care sales accounting for approximately 40% of revenues, growing at high single digits. Adjusted operating income for the year increased by 21.5% to $65.5 million, translating to an adjusted diluted earnings per share of $0.52. Looking forward, the company aims to enhance profitability with a focus on managed care customer segments, aiming for adjusted comparable store sales growth between 0.5% to 3.5% in 2025 and an adjusted operating income ranging from $73 million to $88 million. The company plans to open 30 to 35 new stores and expects adjusted diluted EPS to be between $0.52 and $0.64.Sales Growth and Positive Comparable Store Sales
Sales in the fourth quarter increased 3.9% to $437.3 million with the eighth consecutive quarter of positive adjusted comparable store sales, achieving a growth of 1.5%.
Managed Care Sales Performance
Managed care grew to approximately 40% of revenues, with high single-digit growth throughout the year, significantly contributing to the company's performance.
Technology and Operational Enhancements
Over 730 locations enabled with remote technology, with remote exams representing about 12% of exams, and investments in a new finance ERP and Adobe CRM platform to enhance operational efficiency.
Strong Financial Position
Net revenue increased 3.8% to $1.823 billion for fiscal 2024, with adjusted operating income of $65.5 million increasing by 21.5%.
Strategic Shift Towards Higher Value Customers
The company is focusing on enhancing customer journeys for managed care customers and those less price-sensitive, which now represent about half of the customer base.
Cost Reduction Initiatives
Implemented $12 million in expense reduction initiatives for 2025, including a 10% reduction in corporate support positions.
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EYE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EYE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $11.44 | $12.77 | +11.63% |
| Nov 06, 2024 | $12.20 | $11.89 | -2.54% |
| Aug 07, 2024 | $13.96 | $10.93 | -21.70% |
| May 08, 2024 | $17.87 | $14.90 | -16.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does National Vision Holdings Inc (EYE) report earnings?
National Vision Holdings Inc (EYE) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is National Vision Holdings Inc (EYE) earnings time?
National Vision Holdings Inc (EYE) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EYE EPS forecast?
EYE EPS forecast for the fiscal quarter 2025 (Q1) is 0.32.
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