National Vision Holdings (EYE) reported that its first quarter income from continuing operations, net of tax decreased to $12.2 million compared to $16.0 million in the first quarter of 2023. Earnings per share decreased to $0.16 compared to $0.20. Adjusted EPS from continuing operations increased to $0.30 from $0.27. Adjusted EPS was $0.32 compared to $0.31. On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $0.27, for the quarter. Analysts' estimates typically exclude special items.
Net revenue increased 4.2% to $542.5 million. Comparable store sales growth was 1.4% and adjusted comparable store sales growth was 0.4%, for the quarter. Analysts on average had estimated $552.98 million in revenue.
The company reaffirmed outlook for the 52 weeks ending December 28, 2024.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News