National Vision Holdings reported a 4.2% increase in net revenue on a continuing operations basis to $542.5 million. Diluted EPS was $0.16 and Adjusted Diluted EPS was $0.30. The company is reaffirming its fiscal 2024 outlook.
Net revenue increased 4.2% to $542.5 million compared to the first quarter of 2023.
Comparable store sales growth was 1.4% and Adjusted Comparable Store Sales Growth was 0.4%.
The Company opened 14 new stores, and converted 20 Eyeglass World stores to America's Best stores, and ended the period with 1,201 stores.
Adjusted Operating Income increased 5.5% to $35.8 million compared with the first quarter of 2023.
The Company is reaffirming outlook for the 52 weeks ending December 28, 2024:
Visualization of income flow from segment revenue to net income
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