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Jul 03, 2021
National Vision Q2 2021 Earnings Report
Reported second quarter 2021 financial results and raised fiscal 2021 outlook.
Key Takeaways
National Vision Holdings, Inc. reported strong second-quarter results, with net revenue increasing by 28.0% to $549.5 million compared to Q2 2019. Net income increased 267% to $37.6 million, and diluted EPS increased 230% to $0.42. The company also raised its fiscal year 2021 outlook.
Net revenue increased 28.0% to $549.5 million compared to the second quarter of 2019.
Comparable store sales growth of 22.5%; Adjusted Comparable Store Sales Growth of 23.5%.
Net income increased 267% to $37.6 million compared to the second quarter of 2019; Diluted EPS increased 230% to $0.42.
Adjusted Operating Income increased 125% to $65.6 million compared to the second quarter of 2019.
Revenue by Segment
Forward Guidance
The Company’s updated fiscal 2021 outlook reflects the currently expected impacts related to COVID-19.
Positive Outlook
- New Stores ~75
- Adjusted Comparable Store Sales Growth 19% - 22%
- Net Revenue $2.01 - $2.06 billion
- Adjusted Operating Income $180 - $187 million
- Adjusted Diluted EPS $1.28 - $1.33
Historical Earnings Impact
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Avg. Return Before/After Earnings
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