Performance Diverges from Analyst Expectations with Adjusted EPS Beat and Revenue Miss
Optical retailer National Vision (NYSE:EYE) missed analysts' expectations in Q1 CY2024, with revenue down 3.5% year on year to $542.5 million. On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $1.99 billion at the midpoint. It made a non-GAAP profit of $0.30 per share, down from its profit of $0.31 per share in the same quarter last year.
DULUTH, Ga., May 08, 2024--National Vision Holdings, Inc. (NASDAQ: EYE) ("National Vision" or the "Company") today reported its financial results for the first quarter ended March 30, 2024.