National Vision (EYE) Tops Q1 EPS by 2c, Reaffirms Guidance
National Vision (NASDAQ: EYE) reported Q1 EPS of $0.33, $0.02 better than the analyst estimate of $0.31. Revenue for the quarter came in at $461.2 million versus the consensus estimate of $455.83 million.
Fiscal 2019 OutlookThe Company reaffirms its outlook for the fiscal year ending December 28, 2019, as follows:
| Fiscal 2019 Outlook | |
| New Stores | ~75 New Stores |
| Adjusted Comparable Store Sales Growth | 3 - 5% |
| Net Revenue(1) | $1.675 - $1.705 billion |
| Adjusted EBITDA | $186 - $191 million |
| Adjusted Net Income | $53.5 - $56.5 million |
| Depreciation and Amortization | $88 - $90 million |
| Interest | $36 - $37 million |
| Tax Rate(2) | ~26.0% |
| Capital Expenditures | $100 - $105 million |
For earnings history and earnings-related data on National Vision (EYE) click here.