National Vision Holdings Inc. (NASDAQ:EYE) presented its first quarter 2026 financial results, showing significant operational improvements despite challenging market conditions.
Net revenue reached $543.9 million, up 6.6% year-over-year. Adjusted diluted EPS of $0.45 beat the prior year's $0.34.
The stock currently trades around $17.38. EPS beat estimates of $0.43, while revenue slightly missed the $545.13 million consensus.
Adjusted operating income surged 34.4% to $55.5 million. SG&A as a percentage of revenue improved 200 basis points to 45.2%.
America's Best, representing 87.5% of revenue, posted 4.4% comparable store sales growth.
The company partnered to offer Ray-Ban Meta smart glasses for prescription wearers.
Fiscal 2026 guidance: comparable store sales growth 3.0%-6.0%, net revenue $2.033-$2.091 billion, adjusted EPS $0.85-$1.09.
