National Vision Holdings, Inc. Reports First Quarter 2021 Financial Results; Raises Fiscal 2021 Outlook

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Go back to National Vision Holdings, Inc. Reports First Quarter 2021 Financial Results; Raises Fiscal 2021 Outlook

National Vision (EYE) Tops Q1 EPS by 17c, Revenues Beat; Raises FY21 EPS/Revenues Guidance Above Consensus

May 13, 2021 6:03 AM EDT

National Vision (NASDAQ: EYE) reported Q1 EPS of $0.48, $0.17 better than the analyst estimate of $0.31. Revenue for the quarter came in at $534.2 million versus the consensus estimate of $522.14 million.

Net revenue increased 13.7% to $534.2 millionComparable store sales growth of 18.2%; Adjusted Comparable Store Sales Growth of 35.8%Net income increased 346% to $43.4 million; Diluted EPS increased 302% to $0.48Adjusted Operating Income increased 77.8% to $67.7 millionAdjusted Diluted EPS increased 72.8% to $0.48

Reade Fahs, chief executive officer, stated,It was a truly remarkable start to the year, as patients and... More