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Jul 02, 2022
National Vision Q2 2022 Earnings Report
Reported second quarter 2022 financial results, with net revenue decreasing and comparable store sales declining, while progressing key growth initiatives and extending the lens purchasing agreement with EssilorLuxottica.
Key Takeaways
National Vision Holdings, Inc. reported a 7.3% decrease in net revenue to $509.6 million for the second quarter ended July 2, 2022. Comparable store sales growth was (11.0)%, and net income decreased 74.1% to $9.7 million. Diluted EPS decreased 70.9% to $0.12, and Adjusted Diluted EPS decreased 57.0% to $0.21.
Net revenue decreased 7.3% to $509.6 million.
Comparable store sales growth was (11.0)%, with Adjusted Comparable Store Sales Growth of (12.4)%.
Net income decreased 74.1% to $9.7 million; Diluted EPS decreased 70.9% to $0.12.
Adjusted Operating Income decreased 57.6% to $27.8 million.
Revenue by Segment
Forward Guidance
The Company’s updated fiscal 2022 outlook reflects the currently expected impacts related to macro-economic factors, including inflation, geopolitical instability and risks of recession, as well as constraints on exam capacity and the ongoing COVID-19 pandemic.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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