National Vision Holdings reported a strong first quarter with a 13.7% increase in net revenue to $534.2 million and a 346% increase in net income to $43.4 million. The company also raised its fiscal year 2021 outlook, anticipating continued growth.
Net revenue increased by 13.7% to $534.2 million.
Comparable store sales growth was 18.2%, with adjusted comparable store sales growth at 35.8%.
Net income increased by 346% to $43.4 million, with diluted EPS increasing by 302% to $0.48.
The company opened 25 new stores, bringing the total to 1,230 stores.
National Vision provided an updated fiscal 2021 outlook, anticipating net revenue between $1.975 billion and $2.025 billion, and adjusted diluted EPS between $1.07 and $1.12.
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