Quarterly ResultMay 13, 2026, 06:13 AM
National Vision Q1 Revenue +6.6% to $543.9M; EPS $0.38
AI Summary
National Vision Holdings, Inc. reported strong first-quarter 2026 financial results, with net revenue increasing 6.6% to $543.9 million and comparable store sales growing 4.4%. The company achieved significant improvements in profitability, with net income rising to $31.2 million and Adjusted Operating Income increasing 34.4% to $55.5 million. National Vision also expanded its relationship with AAFES, adding 20 new Military stores, and reiterated its full-year 2026 financial guidance.
Key Highlights
- Net revenue increased 6.6% to $543.9 million in Q1 2026.
- Comparable store sales grew 4.4%, with Adjusted Comparable Store Sales Growth of 4.5%.
- Net income rose to $31.2 million from $14.2 million, with margin improving to 5.7%.
- Diluted EPS increased to $0.38 from $0.18; Adjusted Diluted EPS grew to $0.45 from $0.34.
- Adjusted Operating Income increased 34.4% to $55.5 million, with margin expanding 210 bps to 10.2%.
- Total store count grew 3.0% to 1,274 stores, including 20 new Military stores.
- Reiterated 2026 net revenue guidance of $2.033 billion - $2.091 billion.
- Reiterated 2026 Adjusted Diluted EPS guidance of $0.85 - $1.09.