National Vision Holdings, Inc. Reports Fourth Quarter and Fiscal 2020 Financial Results
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National Vision (EYE) Tops Q4 EPS by 19c, Revenues Beat; Offers FY21 EPS/Revenue Mid-Point Guidance Above Consensus
March 3, 2021 6:04 AM ESTNational Vision (NASDAQ: EYE) reported Q4 EPS of $0.32, $0.19 better than the analyst estimate of $0.13. Revenue for the quarter came in at $496.7 million versus the consensus estimate of $472.7 million.
Fourth Quarter 2020 Summary:
Net revenue increased 23.6% to $496.7 millionComparable store sales growth of 14.3%; Adjusted Comparable Store Sales Growth of 10.6%Net income increased 795% to $35.1 million; Diluted EPS increased 779% to $0.42Adjusted EBITDA increased 118% to $83.5 million; Adjusted Operating Income increased 281% to $62.8 millionAdjusted Diluted EPS increased 372% to $0.45Cash balance of $374 millionIncreases... More