Latest news with #EYE
Yahoo
2 days ago
- Business
- Yahoo
EYE Q1 Earnings Call: National Vision Discusses Transformation Strategy, Leadership Transition, and Tariff Impact
Optical retailer National Vision (NYSE:EYE) reported revenue ahead of Wall Street's expectations in Q1 CY2025, with sales up 5.7% year on year to $510.3 million. The company's full-year revenue guidance of $1.94 billion at the midpoint came in 0.7% above analysts' estimates. Its non-GAAP profit of $0.34 per share was 10.5% above analysts' consensus estimates. Is now the time to buy EYE? Find out in our full research report (it's free). Revenue: $510.3 million vs analyst estimates of $502.6 million (5.7% year-on-year growth, 1.5% beat) Adjusted EPS: $0.34 vs analyst estimates of $0.31 (10.5% beat) Adjusted EBITDA: $64.07 million vs analyst estimates of $60.83 million (12.6% margin, 5.3% beat) The company slightly lifted its revenue guidance for the full year to $1.94 billion at the midpoint from $1.93 billion Management raised its full-year Adjusted EPS guidance to $0.63 at the midpoint, an 8.6% increase Operating Margin: 5.1%, in line with the same quarter last year Locations: 1,237 at quarter end, up from 1,201 in the same quarter last year Same-Store Sales rose 5.5% year on year (0.4% in the same quarter last year) Market Capitalization: $1.66 billion National Vision's first quarter performance was driven by the company's ongoing transformation initiatives, including new approaches to pricing, product assortment, and targeted customer segmentation. CEO Reade Fahs credited these strategies with improving results across managed care, progressive, and outside prescription customer segments, which together saw double-digit comparable sales growth. The rollout of remote eye exam technology helped address prior challenges with optometrist shortages, stabilizing exam capacity and keeping store coverage healthy. Fahs highlighted that the company's pricing actions raised average ticket values without reducing conversion rates or customer satisfaction, indicating customer acceptance of these changes. Product mix shifts toward higher-value frames and investments in store associate training also contributed to the positive momentum, while ongoing operational discipline supported bottom line growth. The first quarter's results reinforced management's belief that National Vision's transformation is gaining traction. Looking forward, National Vision's raised full-year guidance is underpinned by continued investment in digital tools, personalized marketing, and new product offerings aimed at expanding its reach among higher-value customer segments. Incoming CEO Alex Wilkes outlined priorities to further segment and personalize the customer experience, while enhancing store capabilities and modernizing the product mix. Management emphasized the importance of cost efficiency, particularly as the company prepares for potential increases in tariffs on imported eyewear. CFO Chris Laden stated, 'We believe that we can mitigate potential higher tariff costs with pricing actions and cost reduction efforts to neutralize the tariff impact.' The leadership team acknowledged macroeconomic uncertainty and intends to balance growth investments with disciplined expense management as transformation initiatives continue to roll out during the year. Management attributed the quarter's performance to pricing actions, higher-value product launches, targeted customer segmentation, and the successful adoption of digital and remote exam capabilities. Targeted segmentation strategy: Focused efforts on managed care, progressive, and outside prescription customers led to double-digit comparable sales growth within these segments. These customers, who represent about half of National Vision's base, were identified as underdeveloped but high-value groups, helping to expand the company's addressable market. Pricing actions well-received: New pricing structures were implemented, particularly in the fourth and first quarters, resulting in higher average ticket values. Management reported no negative impact on exam-to-purchase conversion rates or Net Promoter Scores, suggesting customer acceptance of higher price points and an ability to offset inflationary pressures such as tariffs. Product mix modernization: The company began introducing more branded and higher-priced frames, including launches of L.A.M.B. and Ted Baker eyewear. Management noted that after the second quarter, the proportion of frames priced above $99 will double compared to the end of last year, aiming to attract a broader customer base and enhance the in-store experience. Digital and remote exam adoption: Approximately two-thirds of stores now offer remote eye exams, allowing more efficient use of optometrist resources and helping ensure broad store coverage. This technology is now embedded in operations, and management expects further efficiency gains over time. Leadership transition and new hires: The company announced a planned CEO succession, with Alex Wilkes set to take over from Reade Fahs. Other recent leadership additions include CFO Chris Laden and new executives with backgrounds in retail and healthcare, supporting the transformation agenda and operational execution. National Vision's outlook is shaped by continued transformation initiatives, evolving customer preferences, and the need to manage external cost pressures such as tariffs. Enhancing customer experience: Management is rolling out new digital selling tools, improving CRM systems, and personalizing marketing to better engage higher-value customer segments. These investments are intended to drive sales growth and foster customer loyalty as the market becomes more competitive. Tariff mitigation and cost control: The company is preparing for potential increases in tariffs on imported frames, with less than 10% of its cost of goods exposed to China. Management believes that pricing actions and ongoing cost reduction efforts can offset these headwinds, but notes the situation is fluid and not yet fully reflected in guidance. Store optimization and product innovation: Efforts to optimize store formats, test smaller locations, and introduce new branded products are expected to broaden the customer base and improve store economics. National Vision is also investing in associate training and evolving its assortment to support higher average ticket values and margin resilience. In the coming quarters, the StockStory team will be watching (1) the impact of ongoing product launches and pricing actions on average ticket values and customer mix, (2) execution of digital marketing and CRM enhancements to drive personalized engagement, and (3) the company's ability to manage cost pressures, particularly if tariffs on imported frames increase. Progress on store optimization and expansion will also be important signposts. National Vision currently trades at a forward P/E ratio of 34.8×. Is the company at an inflection point that warrants a buy or sell? The answer lies in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Why National Vision (EYE) is a Top Momentum Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term. Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks. National Vision Holdings, Inc. is one of the leading and rapidly growing optical retailers in the United States. The company holds a solid position in the attractive value segment of the U.S. optical retail industry. National Vision completed the initial public offering of its common stock in October 2017. EYE is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of A and VGM Score of B. Shares are up 19.4% over the past one week and up 63% over the past four weeks. EYE has gained 16.4% in the last one-year period as well. Looking at trading volume, an average of 3,132,674.50 shares exchanged hands over the last 20 trading days. A company's earnings performance is important for momentum investors as well. For fiscal 2025, three analysts revised their earnings estimate higher in the last 60 days for EYE, while the Zacks Consensus Estimate has increased $0.06 to $0.62 per share. EYE also boasts an average earnings surprise of 81.8%. EYE should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report National Vision Holdings, Inc. (EYE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
14-05-2025
- Business
- Yahoo
1 Small-Cap Stock for Long-Term Investors and 2 to Be Wary Of
Investors looking for hidden gems should keep an eye on small-cap stocks because they're frequently overlooked by Wall Street. Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets. These trade-offs can cause headaches for even the most seasoned professionals, which is why we started StockStory - to help you separate the good companies from the bad. That said, here is one small-cap stock that could be the next 100 bagger and two best left ignored. Market Cap: $1.49 billion Operating under multiple brands, National Vision (NYSE:EYE) sells optical products such as eyeglasses and provides optical services such as eye exams. Why Do We Avoid EYE? Store closures are a headwind for growth and suggest it's rightsizing operations to optimize sales at existing locations Operating margin of 0.3% falls short of the industry average, and the smaller profit dollars make it harder to react to unexpected market developments Underwhelming 3% return on capital reflects management's difficulties in finding profitable growth opportunities, and its decreasing returns suggest its historical profit centers are aging National Vision's stock price of $18.86 implies a valuation ratio of 31.2x forward P/E. Read our free research report to see why you should think twice about including EYE in your portfolio, it's free. Market Cap: $2.77 billion With roots dating back to 1877 and serving over 150,000 customers across North America and the UK, Patterson Companies (NASDAQ:PDCO) is a specialty distributor that supplies dental practices and animal health professionals with equipment, consumables, pharmaceuticals, and practice management software. Why Does PDCO Worry Us? Core business is underperforming as its organic revenue has disappointed over the past two years, suggesting it might need acquisitions to stimulate growth Performance over the past five years shows its incremental sales were less profitable as its earnings per share were flat Negative free cash flow raises questions about the return timeline for its investments Patterson Companies is trading at $31.34 per share, or 13.6x forward P/E. Dive into our free research report to see why there are better opportunities than PDCO. Market Cap: $1.05 billion Integrating power outlets into many Boeing aircraft, Astronics (NASDAQ:ATRO) is a provider of technologies and services to the global aerospace, defense, and electronics industries. Why Does ATRO Stand Out? Market share has increased this cycle as its 19.1% annual revenue growth over the last two years was exceptional Incremental sales over the last two years have been highly profitable as its earnings per share increased by 81.3% annually, topping its revenue gains Historical investments are beginning to pay off as its returns on capital are growing At $29.90 per share, Astronics trades at 19.4x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-05-2025
- Business
- Yahoo
National Vision: Q1 Earnings Snapshot
DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — National Vision Holdings Inc. (EYE) on Wednesday reported first-quarter earnings of $14.2 million. On a per-share basis, the Duluth, Georgia-based company said it had profit of 18 cents. Earnings, adjusted for one-time gains and costs, were 34 cents per share. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. The discount optical retailer and eye care provider posted revenue of $510.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $501.1 million. National Vision expects full-year earnings in the range of 59 cents to 67 cents per share, with revenue in the range of $1.92 billion to $1.96 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on EYE at
France 24
26-04-2025
- Entertainment
- France 24
Pope Francis' Funeral procession leads from St Peter's to place of burial
04:43 26/04/2025 Senegal: An initiative to develop surfing among young people EYE ON AFRICA 26/04/2025 REPLAY – Funeral of Pope Francis: Homily by Cardinal Giovanni Battista Re 26/04/2025 600 people killed and 263 million cases in 2023 of Malaria EYE ON AFRICA 26/04/2025 Indian army exchanges fire with Pakistan for a second day 26/04/2025 Pope Francis' funeral: The world bids farewell to Pope Bergoglio 26/04/2025 Faithful at Notre-Dame de Paris during the Pope's funeral 25/04/2025 Will the next Pope be from Africa? 25/04/2025 Kashmir: our journalists report live from India and Pakistan Asia / Pacific 25/04/2025 Last day of Pope Francis lying in state, 150,000 people have already paid their respects Europe
