Business
National Vision Holdings, Inc. Reports First Quarter 2026 Financial Results
DULUTH, Ga., May 13, 2026--National Vision, Inc. (NASDAQ: EYE), one of the largest optical retailers in the United States, today reported its first quarter 2026 results.
About this update from National Vision Holdings, Inc.
Transformation Continues to Deliver Stronger Profitability and Earnings Growth Reiterates 2026 Guidance First quarter 2026 highlights compared to first quarter 2025: DULUTH, Ga., May 13, 2026--(BUSINESS WIRE)--National Vision Holdings, Inc. (NASDAQ: EYE) ("National Vision," "we," "our," "us" or the "Company") today reported its financial results for the first quarter ended April 4, 2026. Alex Wilkes, National Vision’s CEO, said, "We delivered a solid first quarter, reinforcing that the transformation we laid out at Investor Day is translating into higher-quality growth and improved profitability. Customers continued to opt into better products, we expanded our managed care business, and we meaningfully grew operating margins through disciplined expense management. We believe our advancements across merchandising and store experience are strengthening our position as the destination for value in the optical category – delivering great branded products and leading eye exams without compromise, for every customer." Mr. Wilkes continued, "We have the right team and the right strategy in place to continue driving our transformation. Building on our first-quarter achievements, we are confidently moving forward with activating our store segmentation initiative and executing our premium lens strategy. Importantly, we are leveraging data and consumer insights more than ever before, enabling us to be a more agile and customer-centric organization. As we move through 2026, we remain focused on executing with discipline and delivering sustainable value for our customers and shareholders." This release includes certain Non-GAAP Financial Measures that are not recognized under generally accepted accounting principles ("GAAP"), including Adjusted Comparable Store Sales Growth, Adjusted Operating Income, Adjusted Operating Margin and Adjusted Diluted EPS. Please see "Non-GAAP Financial Measures" and "Reconciliation of Non-GAAP to GAAP Financial Measures" below for more information. First Quarter 2026 Summary Balance Sheet and Cash Flow Highlights as of April 4, 2026 Expands Relationship with Army and Air Force Exchange Service (AAFES) The Company announced an expanded relationship with the Army and Air Force Exchange Service (AAFES), designating National Vision as the sole...
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