NASDAQ$EYE
National Vision Holdings Inc. · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported financial results for the third quarter ended September 28, 2024, reflecting ongoing strength in managed care with growth in America’s Best as transformation initiatives progress.
National Vision Holdings, Inc. reported a 2.9% increase in net revenue to $451.5 million, driven by new store sales and comparable store sales growth. The company experienced a net loss of $(8.4) million, or $(0.11) per share, but an adjusted EPS of $0.12. They reaffirmed their fiscal 2024 outlook for key metrics and updated capital expenditure expectations.
- Net revenue increased by 2.9% to $451.5 million.
- Comparable store sales growth was 1.4%, with adjusted comparable store sales growth of 0.9%.
- The company opened 18 new stores, closing two America’s Best and one Military store, ending the quarter with 1,231 stores.
- Adjusted Operating Income increased 22.2% to $14.3 million.
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 reaffirms the previously provided outlook for its key operating metrics, while updating its expectations for capital expenditures. The Company is providing the following outlook for the 52 weeks ending December 28, 2024:
Tailwinds
- New Stores: 65-70
- Adjusted Comparable Store Sales Growth: 0.5% - 1.5%
- Net Revenue (billions): $1.820 - $1.840
- Adjusted Operating Income (millions): $57 - $62
- Adjusted Diluted EPS: $0.45 - $0.50
Headwinds
- Macro-economic factors, including inflation
- Geopolitical instability and risks of recession
- Constraints on exam capacity
- Company’s transformation initiatives
- Termination of the Walmart partnership
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 Q3 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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