National Vision HoldingsNASDAQ: EYE

I downgrade National Vision Holdings to a hold rating due to lack of near-term stock price appreciation and the need for tangible growth evidence. 3Q24 earnings showed modest growth, with net revenue up 2.9% y/y, driven by higher tickets and slight same-store sales growth. Strategic initiatives like new product launches and store fleet optimization are positive but require time to show significant impact on growth and productivity.

National Vision Holdings, Inc. (NASDAQ:EYE ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Tamara Gonzalez - Vice President, Investor Relations Reade Fahs - Chief Executive Officer Alex Wilkes - President Melissa Rasmussen - Chief Financial Officer Conference Call Participants Michael Lasser - UBS Kate McShane - Goldman Sachs Zachary Fadem - Wells Fargo Jon Elias - BMO Capital Markets Dylan Carden - William Blair Paul Lejuez - Citi Brian Tanquilut - Jefferies Adrienne Yih - Barclays Molly Baum - Bank of America Operator Good day, and thank you for standing by. Welcome to the National Vision Third Quarter 2024 Earnings Conference Call.

National Vision (EYE) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.15 per share a year ago.

DULUTH, Ga.--(BUSINESS WIRE)--National Vision Holdings, Inc. (NASDAQ: EYE) (“National Vision” or the “Company”) today reported its financial results for the third quarter ended September 28, 2024. “We are encouraged by the progress we are making against key elements of our transformation, including completing the review of our store fleet, implementing new traffic-driving initiatives, continuing to expand exam capacity and remote exam efficiency, and benefiting from new perspectives through our.

DULUTH, Ga.--(BUSINESS WIRE)--National Vision Holdings, Inc. (NASDAQ: EYE) (“National Vision” or the “Company”) today announced the results of its comprehensive store fleet review. In August 2024, the Company announced it had identified an initial list of less than 5% of its total fleet that were not meeting its profitability thresholds and said it was considering potential actions for those underperforming stores. The Company plans to take action on 43 stores, including closing 39 stores by th.

National Vision's America's Best stores become the exclusive retail partner of Pair Eyewear.

Leading Customizable Eyewear Brand Creates "Store Within a Store" at America's Best, Names National Vision Doctor of Optometry Network the Brand's Official Eye Care Provider DULUTH, Ga. , Sept. 24, 2024 /PRNewswire/ -- National Vision, Inc., one of the nation's largest optical retailers providing quality, affordable eye care and eyewear, announced today it is solidifying its partnership with Pair Eyewear, the first direct-to-consumer and now leading customizable eyewear brand, by expanding to all 1,000+ America's Best Stores.

The strong execution of strategic initiatives and robust market expansion of the Owned and Host segment bode well for National Vision.

Florence by Mills Founder Millie Bobby Brown Brings Personal Experience as an Eyeglasses Wearer to New Line with National Vision and Mondottica, Featuring Styles Designed to Curate Confidence DULUTH, Ga. , Aug. 20, 2024 /PRNewswire/ -- National Vision, Inc., one of the nation's largest optical retailers providing quality, affordable eye care and eyewear, has teamed up with florence by mills™ for the launch of the Gen-Z focused brand's eyewear collection in all 1,000+ America's Best stores.