National Vision (EYE) Tops Q4 EPS by 10c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Above Consensus

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Go back to National Vision (EYE) Tops Q4 EPS by 10c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Above Consensus

National Vision Holdings, Inc. Reports Fourth Quarter and Fiscal 2019 Financial Results

February 26, 2020 6:00 AM EST

DULUTH, Ga., Feb. 26, 2020 (GLOBE NEWSWIRE) -- National Vision Holdings, Inc. (NASDAQ: EYE) (National Vision or the Company) today reported its financial results for the fourth quarter and fiscal year ended December 28, 2019 and is providing its outlook for fiscal 2020.

Fourth Quarter 2019 Summary:

Net revenue increased 12.9% to $401.8 million72nd consecutive quarter of positive comparable store sales growthComparable store sales growth of 10.1%; Adjusted Comparable Store Sales Growth of 8.1%Net income increased 121.3% to $3.9 million; Adjusted Net Income increased 735.5% to $8.7 millionAdjusted EBITDA increased 37.9% to $39.6 millionDiluted EPS increased 120.2% to $0.05;... More