National Vision Holdings, Inc. reported a 4.6% increase in net revenue to $451.7 million, driven by new store sales and adjusted comparable store sales growth of 2.4%. The company is initiating new actions to drive profitable growth, including leadership changes and a review of all stores to optimize the fleet.
Net revenue from continuing operations increased by 4.6% to $451.7 million.
Comparable store sales growth was 2.2%, with adjusted comparable store sales growth of 2.4%.
Net loss from continuing operations was $(1.0) million, with diluted EPS from continuing operations of $(0.01).
Adjusted diluted EPS from continuing operations was $0.15.
National Vision revised its fiscal 2024 outlook, reflecting macroeconomic factors and constraints on exam capacity, and assumes no material deterioration to the company's current business operations.
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