National Vision Holdings (EYE)
NASDAQ:EYE
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Earnings Data
Report Date
Aug 06, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.19Last Year’s EPS
0.18Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized solid operational progress: revenue grew 6.6%, comps rose 4.5%, adjusted operating margin expanded 210 bps to 10.2%, and adjusted EPS improved to $0.45. Management reinforced strategic initiatives—premiumization, new lens/brand launches, Ray-Ban/Oakley Meta expansion, store segmentation, CRM improvements, and a modernized e-commerce platform—and reaffirmed FY2026 guidance. Key near-term challenges are a traffic disruption from the recent website replatform (affecting exam bookings and lower-funnel marketing), suppressed cash-pay traffic (-1.2% traffic) and inventory build (+22%) to support premium assortments. Management views these lowlights as temporary and offset by ticket/mix tailwinds, cost savings, and structural initiatives. Net of positives and negatives, the tone and fundamentals point to continued improvement and confidence in the company’s multi-quarter plan.Company Guidance
Revenue Growth
Net revenue increased 6.6% year-over-year to $544.0 million in Q1 FY2026.
Comparable Store Sales
Adjusted comparable store sales rose 4.5% YoY, in line with the company's mid-single-digit algorithm.
Operating Margin Expansion
Adjusted operating margin expanded 210 basis points to 10.2%, reaching double digits driven by cost discipline and more profitable customer mix.
Earnings Per Share Improvement
Adjusted EPS increased to $0.45 per share from $0.34 in the prior-year quarter.
Average Ticket Strength
Average ticket grew 5.1% YoY, reflecting premiumization (higher penetration of premium frames, lenses and add-ons).
Operating Profit and Cash Flow
Adjusted operating income rose to $55.5 million from $41.3 million YoY; operating cash flow for the quarter was $61.7 million.
Balance Sheet and Liquidity
Ended Q1 with $67.9 million cash and $361.2 million total liquidity; net debt of $241.8 million and trailing 12-month net debt to adjusted EBITDA of 0.8x.
Capital Allocation and Debt Reduction
Repaid $101.3 million during the period (including $84.8 million convertible note maturity); repaid $3.3 million of long-term debt in Q1.
Store Footprint and Military Expansion
Total store count 1,274 (opened 8 America's Best, closed 4 stores) and added 20 AAFES military optical sites in Q1, bringing total AAFES locations to 72 and becoming sole optical provider for Army & Air Force bases.
Product and Assortment Initiatives
Launched/expanded premium and growth-focused offerings: new private label frames (select >$100), Stetson, Swarovski, Kendra Scott sunglasses, expanded Ray-Ban Meta and Oakley Meta across fleets, and piloted Nikon Eyes premium lens (pilot ~100+ stores; broader rollout planned in June).
Digital and CRM Investments
Replatformed americasbest.com (early Q2) to modern e-commerce platform; CRM replatform yielding early positive results and enabling improved personalization and lifecycle marketing.
Guidance Reaffirmation
Company reaffirmed FY2026 guidance: net revenue $2.03B–$2.09B, adjusted comp store sales growth 3%–6%, adjusted operating income $107M–$133M, adjusted diluted EPS $0.85–$1.09, CapEx $73M–$78M, and plan to open ~30–35 new stores (net ~20–25).
Cost Savings Progress
On track to realize approximately $10 million in annualized cost savings in FY2026 as part of a multiyear plan.
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
EYE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $20.94 | $16.92 | -19.20% |
Mar 04, 2026 | $26.63 | $29.04 | +9.05% |
Nov 05, 2025 | $25.60 | $24.70 | -3.52% |
Aug 06, 2025 | $24.81 | $23.88 | -3.75% |
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.
FAQ
When does National Vision Holdings (EYE) report earnings?
National Vision Holdings (EYE) is schdueled to report earning on Aug 06, 2026, Before Open (Confirmed).
What is National Vision Holdings (EYE) earnings time?
National Vision Holdings (EYE) earnings time is at Aug 06, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is EYE EPS forecast?
EYE EPS forecast for the fiscal quarter 2026 (Q2) is 0.19.