Quarterly ResultMay 14, 2026, 08:42 AM
National Vision Q1 Net Income +120% to $31.2M; EPS $0.39
AI Summary
National Vision Holdings, Inc. reported a significant increase in financial performance for the three months ended April 4, 2026. Net income surged by nearly 120% to $31.2 million, with diluted earnings per share rising to $0.38. The company also saw a 6.6% increase in total net revenue to $543.9 million and a substantial improvement in cash flow from operations. Additionally, the Board authorized a new $50 million share repurchase program.
Key Highlights
- Net income increased 119.7% to $31.18 million for Q1 2026.
- Diluted EPS rose 111.1% to $0.38 for Q1 2026.
- Total net revenue grew 6.6% to $543.88 million for Q1 2026.
- Net cash provided by operating activities increased 91.4% to $61.71 million.
- Board authorized a new $50 million share repurchase program effective March 2, 2026.
- Opened 24 new retail optical locations, reaching 1,274 stores as of April 4, 2026.
- Received full payment of $9.0 million in CARES Act credits during Q1 2026.
- No asset impairment charges in Q1 2026, compared to $0.5 million in Q1 2025.
Price Impact
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