National Vision Holdings reported a 3.1% increase in net revenue to $525.3 million for Q2 2023. Net income decreased by 42.3% to $5.6 million, with a diluted EPS of $0.07. The company reaffirmed its fiscal 2023 guidance, expecting Adjusted Operating Income and Adjusted Diluted EPS to be at or above the midpoint of the range.
Net revenue increased 3.1% to $525.3 million compared to Q2 2022.
Comparable store sales growth was (0.1%) and Adjusted Comparable Store Sales Growth was 1.0%.
The Company opened 24 new stores, closed one store, and ended the quarter with 1,381 stores.
Net income decreased 42.3% to $5.6 million compared with the second quarter of 2022.
National Vision reaffirmed its fiscal 2023 guidance, expecting Adjusted Operating Income and Adjusted Diluted EPS to be at or above the midpoint of the range.
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