NASDAQ$EYE
National Vision Holdings Inc. · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported second quarter 2024 financial results and announced new actions to accelerate transformation.
National Vision Holdings, Inc. reported a 4.6% increase in net revenue to $451.7 million, driven by new store sales and adjusted comparable store sales growth of 2.4%. The company is initiating new actions to drive profitable growth, including leadership changes and a review of all stores to optimize the fleet.
- Net revenue from continuing operations increased by 4.6% to $451.7 million.
- Comparable store sales growth was 2.2%, with adjusted comparable store sales growth of 2.4%.
- Net loss from continuing operations was $(1.0) million, with diluted EPS from continuing operations of $(0.01).
- Adjusted diluted EPS from continuing operations was $0.15.
Headline financials
Revenue & EPS history
National Vision · Revenue · Quarterly
$452M
Revenue by segment
National Vision · $532M total across 2 segments · Q3 2023
- Net Product Sales$436M+6.1%81.8%
- Services and Plans$96.8M+9.4%18.2%
Forward guidance
National Vision revised its fiscal 2024 outlook, reflecting macroeconomic factors and constraints on exam capacity, and assumes no material deterioration to the company's current business operations.
Tailwinds
- New Stores: 65-70
- Adjusted Comparable Store Sales Growth: 0.5% - 1.5%
- Net Revenue: $1.820 - $1.840 billion
- Depreciation and Amortization: $94 - $99 million
- Interest: $7 - $9 million
Headwinds
- Macro-economic factors, including inflation.
- Geopolitical instability
- Risks of recession
- Constraints on exam capacity
- Dynamic market conditions
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2024
-0.5%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+1.5%
Avg return
30 days after
54%
21 / 39 earnings
Positive
+16.9%
Q1 2025
Best reaction
-38.8%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.8% | -0.1% | +9.9% | |
| Q4 2025 | +9.1% | +0.6% | -11.0% | |
| Q3 2025 | -3.6% | -5.7% | +14.4% | |
| Q1 2025 | +16.9% | +40.7% | +57.8% | |
| Q4 2024 | +11.6% | +10.7% | +12.1% | |
| Q3 2024 | -4.7% | -3.1% | -8.0% | |
| Q2 2024 | -21.6% | -26.1% | -30.7% | |
| Q1 2024 | -15.2% | -16.4% | -19.3% | |
| Q4 2023 | +14.7% | +17.9% | +11.0% | |
| Q3 2023 | +9.4% | +14.1% | +11.5% | |
| Q2 2023 | -5.9% | -8.4% | -19.5% | |
| Q1 2023 | +5.9% | +4.7% | +14.7% | |
| Q4 2022 | -38.8% | -40.1% | -49.6% | |
| Q3 2022 | +12.7% | +12.8% | +5.3% | |
| Q2 2022 | +9.2% | +13.7% | +12.7% | |
| Q1 2022 | -31.5% | -22.3% | -17.8% | |
| Q4 2021 | -4.7% | +0.8% | +16.4% | |
| Q3 2021 | -16.4% | -22.3% | -23.8% | |
| Q2 2021 | -0.8% | +1.0% | +7.8% | |
| Q1 2021 | +6.5% | +6.3% | +2.9% | |
| Q3 2020 | +2.5% | +6.4% | -2.1% | |
| Q2 2020 | -1.8% | +3.8% | +16.1% | |
| Q1 2020 | +10.0% | +2.2% | +32.5% | |
| Q4 2019 | +4.0% | +7.4% | -41.1% | |
| Q3 2019 | +11.8% | +8.8% | +23.8% | |
| Q2 2019 | +8.2% | +7.9% | -4.8% | |
| Q1 2019 | +3.3% | +2.3% | -1.5% | |
| Q4 2018 | -1.4% | -3.1% | -7.7% | |
| Q3 2018 | -1.7% | -7.8% | -27.8% | |
| Q2 2017 | -8.4% | -7.5% | +2.6% | |
| Q2 2018 | -8.4% | -7.5% | +2.6% | |
| Q1 2018 | +2.3% | +6.4% | +10.4% | |
| Q1 2016 | -2.2% | -3.1% | -6.9% | |
| Q2 2016 | -2.2% | -3.1% | -6.9% | |
| Q4 2017 | -2.2% | -3.1% | -6.9% | |
| Q3 2016 | +1.8% | +7.9% | +19.4% | |
| Q1 2017 | +1.8% | +7.9% | +19.4% | |
| Q3 2017 | +1.8% | +7.9% | +19.4% | |
| Q4 2016 | +1.8% | +7.9% | +19.4% |
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