National Vision Holdings, Inc. Reports First Quarter 2025 Financial Results

About this update from National Vision Holdings, Inc.

[{"type":"text","content":"\nSuccessful Execution of New Transformation Initiatives and Cost Reduction Actions Delivered Strong First Quarter\n\nFirst quarter 2025 highlights compared to Q1 2024:\n\n\nNet revenue from continuing operations of $510.3 million, an increase of 5.7%\n\n\nComparable store sales growth of 4.1% and Adjusted Comparable Store Sales Growth of 5.5% represented the 9th consecutive quarter of positive growth\n\n\nIncome from continuing operations of $14.2 million, Diluted EPS from continuing operations of $0.18\n\n\nAdjusted Operating Income from continuing operations of $41.3 million\n\n\nAdjusted Diluted EPS from continuing operations of $0.34\n\n\nRaises fiscal 2025 outlook\n\n\n DULUTH, Ga.--(BUSINESS WIRE)--\nNational Vision Holdings, Inc. (NASDAQ: EYE) (“National Vision,” “we,” “our,” “us” or the “Company”) today reported its financial results for the first quarter ended March 29, 2025.\n\n“Our first quarter results are a testament to the entire team’s disciplined execution against the new strategic approach our leadership team began to implement last quarter,” said Reade Fahs, National Vision’s CEO. “We are seeing immediate impact from the initial wave of transformation actions with a return to mid-single digit comp performance and solid growth in bottom line results. The strength of these results reinforces our confidence in the long-term potential of our go-forward strategy and initiatives.”\n\nAlex Wilkes, National Vision’s President added, “The intentional, strategic shift to broaden our exposure to existing higher value customer segments coupled with our roadmap of future initiatives reinforces our confidence in our operational and financial growth, even amidst an increasingly uncertain environment. Looking ahead, we plan to continue introducing new lifestyle selling techniques, enhancing our branded frame assortment, and improving our digital experience to delight our customers and deliver the value they expect from us both in-store and online. All of this work will remain underpinned by our prudent approach to expense management, tariff mitigation efforts, and operational excellence to deliver improved profitability and sustainable value for shareholders.”\n\nThis release includes certain Non-GAAP Financial Measures that are not recognized under generally accepted accounting principles (“GAAP”). Please see “Non-GAAP Finan...

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