Recent Insider Transactions • Jun 11
Independent Director recently bought €672k worth of stock On the 5th of June, Michael Nicholson bought around 50k shares on-market at roughly €13.44 per share. This transaction increased Michael's direct individual holding by 15x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • May 20
First quarter 2026 earnings released: EPS: US$0.39 (vs US$0.18 in 1Q 2025) First quarter 2026 results: EPS: US$0.39 (up from US$0.18 in 1Q 2025). Revenue: US$543.9m (up 6.6% from 1Q 2025). Net income: US$31.2m (up 120% from 1Q 2025). Profit margin: 5.7% (up from 2.8% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Board Change • May 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CEO & Director Alex Wilkes was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • May 14
National Vision Holdings, Inc. Reiterates Earnings Guidance for the 52 Weeks Ending January 2, 2027 National Vision Holdings, Inc. reiterated earnings guidance for the 52 Weeks Ending January 2, 2027. For the year, The company expects net revenue of $2.033 billion - $2.091 billion. Announcement • May 05
National Vision Holdings, Inc., Annual General Meeting, Jun 17, 2026 National Vision Holdings, Inc., Annual General Meeting, Jun 17, 2026. Location: greater north fulton chamber of commerce, 1000 avalon boulevard, suite 100, alpharetta, georgia 30009, United States Announcement • Apr 29
National Vision Holdings, Inc. to Report Q1, 2026 Results on May 13, 2026 National Vision Holdings, Inc. announced that they will report Q1, 2026 results Pre-Market on May 13, 2026 Announcement • Feb 18
National Vision Holdings, Inc. to Report Q4, 2025 Results on Mar 04, 2026 National Vision Holdings, Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 04, 2026 Announcement • Jan 13
National Vision Holdings, Inc. Reaffirms Earnings Guidance for the 53 Weeks Ended January 3, 2026 National Vision Holdings, Inc. reaffirmed earnings guidance for the 53 weeks ended January 3, 2026. For the year, the company expected net revenue of $1.970 billion - $1.988 billion. Announcement • Nov 17
National Vision Holdings, Inc. Provides Earnings Guidance for the Fiscal 2025 Through Fiscal 2030 and Provides Earnings Guidance for the Fiscal 2026 National Vision Holdings, Inc. provided earnings guidance for the fiscal 2025 through fiscal 2030 and provided earnings guidance for the fiscal 2026. The company reaffirms its fiscal 2025 outlook provided on November 5, 2025. Over the next five years, from a base of fiscal 2025 through fiscal 2030, the Company expects: Annual net revenue to increase in the high-single-digits range. Included in this expectation is the company’s planning scenario for fiscal 2026 financial performance comprised of: Annual net revenue growth rate in the high single digits. Announcement • Nov 05
National Vision Holdings, Inc. Revises Earnings Guidance for the 53 Weeks Ending January 3, 2026 National Vision Holdings, Inc. revised earnings guidance for the 53 weeks ending January 3, 2026. for the period, the company expects Net Revenue in the range of $1.970 billion - $1.988 billion against $1.934 billion - $1.970 billion expected previously. Announcement • Oct 22
National Vision Holdings, Inc. to Report Q3, 2025 Results on Nov 05, 2025 National Vision Holdings, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 05, 2025 Announcement • Aug 06
National Vision Holdings, Inc. Updates Earnings Guidance for the Fiscal 2025 National Vision Holdings, Inc. updated earnings guidance for the fiscal 2025. For the period, the company updates net revenue to be $1.934 billion - $1.970 billion compared to previous guidance of $1.919 billion - $1.955 billion. Announcement • Aug 05
National Vision Holdings, Inc. Unveils Bold New Brand Identity as Part of Strategic Transformation National Vision Holdings, Inc. unveiled its new corporate brand identity, a major milestone in National Vision's transformation journey. The refreshed branding strengthens National Vision's position as a modern, agile and purpose-driven organization committed to helping people see their best to live their best. The new design system embodies National Vision's focus on simplicity and accessibility, including a new brand symbol inspired by the eye's iris, and a refined color palette reminiscent of the natural hues of the human eye. Both reinforce the company's core mission in eye care. The rebrand is the first of several brand-related updates to roll out in the coming months. National Vision will begin updating the visual identities of its retail brands, starting with America's Best, as the company continues to modernize how it shows up in stores, online and in the communities it serves. Announcement • Jul 23
National Vision Holdings, Inc. to Report Q2, 2025 Results on Aug 06, 2025 National Vision Holdings, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 06, 2025 Announcement • Apr 24
National Vision Holdings, Inc. to Report Q1, 2025 Results on May 07, 2025 National Vision Holdings, Inc. announced that they will report Q1, 2025 results Pre-Market on May 07, 2025 Announcement • Mar 20
National Vision Holdings, Inc. Announces Board and Committee Appointments National Vision Holdings, Inc. announced the appointment of two new independent directors, Jim McGrann, 62, and Michael Nicholson, 58, to its Board of Directors (the “Board”), effective March 17, 2025. Mr. McGrann will serve on the Board’s Compensation Committee and Mr. Nicholson will serve on the Board’s Audit Committee and Nominating and Corporate Governance Committee. With the addition of Messrs. McGrann and Nicholson, the Board will expand from 9 to 11 members. The Board has also formed an Advisory Committee that will help oversee National Vision’s ongoing transformation initiatives with the help of the Company’s consultant. The committee will be comprised of two existing National Vision directors, Randy Peeler and Susan Johnson, as well as Messrs. McGrann and Nicholson. Mr. McGrann is an eye care industry veteran with nearly 30 years of experience across the industry serving in Chief Executive Officer, Chief Technology Officer and Chief Information Officer roles throughout his career. Mr. McGrann currently serves as CEO of Advancing Eyecare, and previously led Professional Eye Care Associates of America (PECAA), VSP Global and VSP Vision Care, among other positions. He began his career as a management consultant for 15 years and was a senior executive at Accenture and IBM a partner at Ernst & Young. He serves on the board of directors of the private optical software company, Ocuco, and previously served on the board of directors of the private optical company, Keplr. He is the current chairman of the board for Prevent Blindness. Mr. McGrann holds a Bachelor of Science in Industrial Engineering from Columbia University. Mr. Nicholson is a seasoned retail executive with extensive expertise in business transformation, operations, and finance. He currently serves as the President and Chief Operating Officer of J.Crew Group, where he has held multiple leadership roles, including Interim Chief Executive Officer and Chief Financial Officer. Prior to joining J.Crew, Mr. Nicholson was the Chief Operating Officer and Chief Financial Officer at ANN INC. and Victoria’s Secret Beauty. His career also includes senior leadership positions at Colgate-Palmolive, Altria, and PwC, where he played key roles in developing financial strategy and implementing operational excellence. Mr. Nicholson holds a Bachelor’s degree in Accounting from Niagara University and a Master of Business Administration from St. John’s University and is a Certified Public Accountant. Reported Earnings • Nov 08
Third quarter 2024 earnings released: US$0.11 loss per share (vs US$0.94 loss in 3Q 2023) Third quarter 2024 results: US$0.11 loss per share (improved from US$0.94 loss in 3Q 2023). Revenue: US$451.5m (down 15% from 3Q 2023). Net loss: US$8.44m (loss narrowed 89% from 3Q 2023). Revenue is expected to decline by 2.8% p.a. on average during the next 3 years, while revenues in the Specialty Retail industry in Germany are expected to grow by 5.8%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Announcement • Nov 07
National Vision Holdings, Inc. Reaffirms Financial Guidance for the Fiscal Year Ending December 28, 2024 National Vision Holdings, Inc. reaffirmed financial guidance for the fiscal year ending December 28, 2024. For the year, the company expects net revenue to be in the range of $1.820 billion to $1.840 billion. Announcement • Oct 23
National Vision Holdings, Inc. to Report Q3, 2024 Results on Nov 06, 2024 National Vision Holdings, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 06, 2024 Recent Insider Transactions • Aug 15
Independent Chairman recently bought €241k worth of stock On the 13th of August, David Peeler bought around 25k shares on-market at roughly €9.65 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of €697k worth in shares. Reported Earnings • Aug 08
Second quarter 2024 earnings released: US$0.013 loss per share (vs US$0.072 profit in 2Q 2023) Second quarter 2024 results: US$0.013 loss per share (down from US$0.072 profit in 2Q 2023). Revenue: US$451.7m (down 14% from 2Q 2023). Net loss: US$1.04m (down 119% from profit in 2Q 2023). Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Specialty Retail industry in Germany are expected to grow by 5.9%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Aug 02
National Vision Holdings, Inc. Appoints Caitlin Zulla to Board of Directors National Vision Holdings, Inc. announced the appointment of Caitlin Zulla to its Board of Directors, effective immediately. Zulla will serve on the Board’s Compensation Committee. Zulla brings an extensive healthcare background, with expertise in primary care and specialty care services. She currently serves as Chief Executive Officer of Optum Health East, part of UnitedHealth Group, where she is responsible for healthcare delivery for over 5.4 million patients across 10 states, leading more than 15,000 team members. Previously, Zulla held several executive positions at SCA Health, a specialist alignment organization and leader in the ambulatory surgery center industry, including Chief Executive Officer, Chief Financial Officer and Chief Administrative Officer. Zulla holds a Bachelor of Arts from Princeton University, a Master of Public Health and Health Management from Columbia University and a Master of Healthcare Delivery Science from Dartmouth College. Announcement • Jul 24
National Vision Holdings, Inc. to Report Q2, 2024 Results on Aug 07, 2024 National Vision Holdings, Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 07, 2024 Announcement • Jul 02
National Vision Holdings, Inc. Appoints Mark Banner as Chief Stores Officer, Effective July 8, 2024 National Vision Holdings, Inc. announced the appointment of Mark Banner as the company’s new Chief Stores Officer, effective July 8, 2024. Banner is a mission-driven specialty retailer who joins the company after a distinguished seven-year tenure at Sleep Number. Most recently, he served as senior vice president of retail and real estate. His extensive experience encompasses leading teams in sales, sales operations, digital, promotion and real estate. Before Sleep Number, Banner dedicated 18 years to Signet Jewelers. He began his career at Signet as a store manager and rose through the ranks to district manager, vice president of regional operations, and ultimately, vice president of strategic integration. Recent Insider Transactions • May 15
Independent Chairman recently bought €456k worth of stock On the 10th of May, David Peeler bought around 34k shares on-market at roughly €13.41 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of €1.4m worth in shares. Announcement • May 09
National Vision Holdings, Inc. Reaffirms Earnings Guidance for the 52 Weeks Ending December 28, 2024 National Vision Holdings, Inc. reaffirmed earnings guidance for the 52 weeks ending December 28, 2024. For the period, the company expects net revenue to be in the range of $1.965 billion to $2.005 billion. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: US$0.16 (vs US$0.23 in 1Q 2023) First quarter 2024 results: EPS: US$0.16 (down from US$0.23 in 1Q 2023). Revenue: US$542.5m (down 3.5% from 1Q 2023). Net income: US$12.2m (down 33% from 1Q 2023). Profit margin: 2.3% (down from 3.2% in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 5.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Announcement • Apr 27
National Vision Holdings, Inc., Annual General Meeting, Jun 12, 2024 National Vision Holdings, Inc., Annual General Meeting, Jun 12, 2024, at 13:00 US Eastern Standard Time. Location: National Vision Headquarters 2435 Commerce Avenue Building 2200 Duluth Georgia United States Agenda: To consider Election of the eight director nominees listed in this proxy statement; to consider Advisory vote to approve the compensation of its named executive officers; to consider Advisory vote on the frequency of future Say-on-Pay votes; to consider Approval of amendment and restatement of the 2017 Omnibus Incentive Plan; to consider Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for 2024; and to consider such other business as may properly come before the Annual Meeting and any adjournments or postponements thereof. Announcement • Apr 26
National Vision Holdings, Inc. to Report Q1, 2024 Results on May 08, 2024 National Vision Holdings, Inc. announced that they will report Q1, 2024 results Pre-Market on May 08, 2024 Board Change • Mar 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Director Susan O’Farrell was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 29
National Vision Holdings, Inc. Provides Earnings Guidance for the Fiscal Year 2024 National Vision Holdings, Inc. provided earnings guidance for the fiscal year 2024. For the year, the company expects net revenue to be in the range of $1.965 billion to $2.005 billion. Reported Earnings • Feb 28
Full year 2023 earnings released: US$0.84 loss per share (vs US$0.53 profit in FY 2022) Full year 2023 results: US$0.84 loss per share (down from US$0.53 profit in FY 2022). Revenue: US$2.13b (up 6.0% from FY 2022). Net loss: US$65.9m (down 257% from profit in FY 2022). Revenue is expected to decline by 2.9% p.a. on average during the next 2 years, while revenues in the Specialty Retail industry in Germany are expected to grow by 5.7%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Announcement • Feb 27
National Vision Holdings, Inc. (NasdaqGS:EYE) announces an Equity Buyback for $50 million worth of its shares. National Vision Holdings, Inc. (NasdaqGS:EYE) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of shares of the company's common stock. The program is valid through January 3, 2026. Buy Or Sell Opportunity • Feb 24
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 3.9% to €18.80. The fair value is estimated to be €15.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Meanwhile, the company became loss making. Announcement • Feb 14
National Vision Holdings, Inc. to Report Q4, 2023 Results on Feb 27, 2024 National Vision Holdings, Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 27, 2024 Buy Or Sell Opportunity • Feb 13
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 5.6% to €18.90. The fair value is estimated to be €15.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Meanwhile, the company became loss making. Announcement • Feb 08
National Vision Holdings, Inc. Appoints Susan O’Farrell to Its Board of Directors and as A Member of Its Audit Committee National Vision Holdings, Inc. announced the appointment of Susan O’Farrell to its Board of Directors and as a member of its Audit Committee. Ms. O’Farrell is an accomplished financial expert with over 35 years of executive and senior leadership experience, most recently serving as Chief Financial Officer, Principal Accounting Officer and Treasurer at BlueLinx Holdings, Inc., a wholesale distributor of building and industrial products from 2014 to 2020. Prior to this, she held multiple roles at The Home Depot—including CFO for At Home Services and Chief Procurement Officer. Cumulatively, she holds financial and operational experience encompassing IT, procurement, supply chain and logistics in growth and transformational environments. Ms. O’Farrell currently serves on the Board of Directors and as the Audit Committee Chair of Leslie’s, Inc., a specialty retailer of pool supplies that completed its initial public offering in 2020. She also serves on the Board of Directors and as a member of the Audit Committee for Savers Value Village, Inc. Her advisory strengths are well-applied in her local community as well. Ms. O’Farrell serves on the Board of Directors for the International Women’s Forum – Georgia Chapter and is a member of the CFO Roundtable Advisory Board for the University of Georgia’s Terry College of Business. Previously, she was the Board Chair for CHRIS 180, a not-for-profit behavioral health organization, as well as the Board Chair for The Atlanta's Children's Shelter. Ms. O’Farrell holds a B.S. in business administration from Auburn University. She completed the Executive Leadership Program at Emory University’s Goizueta Business School and she holds the CERT Certificate in Cybersecurity Oversight from Carnegie Mellon. Announcement • Dec 14
National Vision Holdings, Inc. Accepts the Resignation of Heather Cianfrocco as Director On December 7, 2023, the Board of Directors of National Vision Holdings, Inc. accepted the resignation of Heather Cianfrocco as director of the Company, effective as of December 7, 2023. Ms. Cianfrocco had tendered her resignation due to a recent change in her role at UnitedHealth Group. There were no disagreements between Ms. Cianfrocco and the Company, or between the Company and Ms. Cianfrocco, on any matter relating to the Company's operations, policies or practices. Ms. Cianfrocco served as a director of the Company since 2019 and was a member of the Board's Compensation Committee. The Board thanks Ms. Cianfrocco for her loyal and dedicated service to the Company. In connection with the acceptance of Ms. Cianfrocco's resignation, the Board decreased the size of the Board from nine members to eight members, effective immediately. Announcement • Nov 11
National Vision Holdings, Inc. Revises Earnings Guidance for the Fiscal Year 2023 National Vision Holdings, Inc. revised earnings guidance for the fiscal year 2023. For the period, the company expects net revenue to be $2.115 billion to $2.125 billion as compared to $2.075 billion to $2.135 billion reported previously. Reported Earnings • Nov 10
Third quarter 2023 earnings released: US$0.94 loss per share (vs US$0.15 profit in 3Q 2022) Third quarter 2023 results: US$0.94 loss per share (down from US$0.15 profit in 3Q 2022). Revenue: US$532.4m (up 6.6% from 3Q 2022). Net loss: US$73.8m (down US$85.3m from profit in 3Q 2022). Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Specialty Retail industry in Germany are expected to grow by 6.5%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Independent Director José Armario was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 28
National Vision Holdings, Inc. to Report Q3, 2023 Results on Nov 09, 2023 National Vision Holdings, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 09, 2023 Announcement • Aug 11
National Vision Holdings, Inc. Provides Revenue Guidance for the Year 2023 National Vision Holdings, Inc. provided revenue guidance for the year 2023. For the year, the expects net Revenue of $2.075 billion- $2.135 billion. Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: US$0.072 (vs US$0.12 in 2Q 2022) Second quarter 2023 results: EPS: US$0.072 (down from US$0.12 in 2Q 2022). Revenue: US$525.3m (up 3.1% from 2Q 2022). Net income: US$5.61m (down 42% from 2Q 2022). Profit margin: 1.1% (down from 1.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 6.2% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. New Risk • Jul 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Announcement • Jul 14
National Vision Holdings, Inc. to Report Q2, 2023 Results on Aug 10, 2023 National Vision Holdings, Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 10, 2023 Recent Insider Transactions • May 26
Independent Chairman recently bought €964k worth of stock On the 23rd of May, David Peeler bought around 40k shares on-market at roughly €23.81 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Recent Insider Transactions • May 18
CEO, President & Director recently bought €276k worth of stock On the 15th of May, L. Fahs bought around 13k shares on-market at roughly €21.90 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was L.'s only on-market trade for the last 12 months. Announcement • May 12
National Vision Holdings, Inc. Provides Revenue Guidance for the Year 2023 National Vision Holdings, Inc. provided revenue guidance for the year 2023. For the year, the expects net Revenue of $2.075 billion- $2.135 billion. Reported Earnings • May 12
First quarter 2023 earnings released: EPS: US$0.23 (vs US$0.37 in 1Q 2022) First quarter 2023 results: EPS: US$0.23 (down from US$0.37 in 1Q 2022). Revenue: US$562.4m (up 6.6% from 1Q 2022). Net income: US$18.3m (down 39% from 1Q 2022). Profit margin: 3.2% (down from 5.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: US$0.53 (vs US$1.57 in FY 2021) Full year 2022 results: EPS: US$0.53 (down from US$1.57 in FY 2021). Revenue: US$2.01b (down 3.6% from FY 2021). Net income: US$42.1m (down 67% from FY 2021). Profit margin: 2.1% (down from 6.2% in FY 2021). Like-for-like sales growth: Down 7.5% vs FY 2021 Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €30.00, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total loss to shareholders of 9.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €42.02 per share. Buying Opportunity • Mar 02
Now 29% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be €42.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 56%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 41% in the next 2 years. Announcement • Feb 16
National Vision Holdings, Inc. to Report Q4, 2022 Results on Mar 01, 2023 National Vision Holdings, Inc. announced that they will report Q4, 2022 results Pre-Market on Mar 01, 2023 Announcement • Jan 28
Robbins Geller Rudman & Dowd LLP Announces Notice of Filing Securities Class Action Against National Vision Holdings, Inc. - Robbins Geller Rudman & Dowd LLP announced that it filed a class action seeking to represent purchasers of National Vision Holdings, Inc. common stock during the period between May 13, 2021 and May 9, 2022, inclusive (the “Class Period”). The National Vision class action lawsuit was filed in the Northern District of Georgia and is captioned City of Southfield General Employees' Retirement System v. National Vision Holdings, Inc. The National Vision class action lawsuit charges National Vision and certain of its top executives with violations of the Securities Exchange Act of 1934. CASE ALLEGATIONS: National Visionis an optical retailer that provides eye exams, eyeglasses, and contact lenses to value-seeking and lower-income consumers. One of the most important components of National Vision’s operations and prospects is National Vision’s ability to recruit and retain specialized staff and healthcare providers, in particular optometrists. But as the National Vision class action lawsuit alleges, unbeknownst to investors, defendants throughout the Class Period failed to disclose that: (i) National Vision was experiencing extraordinary wage and labor pressures as a result of intense competition and disruptions in the labor market due to the COVID-19 pandemic; (ii) National Vision had made a significant multi-million dollar investment in wage and compensation payments to its vision care professionals to prevent mass defections in the middle of 2021; (iii) the enhanced payouts were expected to negatively impact National Vision’s fourth quarter 2021 costs and profit margins to an extent materially greater than what had been disclosed to investors; (iv) as a result, National Vision’s profitability metrics were expected to deteriorate below not only favorable 2020 results, but also pre-pandemic levels; and (v) consequently, there was a substantial undisclosed risk that National Vision would experience staff and optometrist shortages and capacity constraints. The National Vision class action lawsuit further alleges that defendants failed to disclose that: (i) National Vision had suffered a severe optometrist shortage in the first quarter of 2022; (ii) the lack of sufficient optometrists to meet customer demand had created an acute exam capacity constraint; (iii) as a result, National Vision was suffering from a decline in net revenue and adjusted comparable store sales during the first quarter of 2022; and (iv) thus, National Vision’s 2022 financial outlook was materially false and misleading and lacked a reasonable factual basis. THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased National Vision common stock during the Class Period to seek appointment as lead plaintiff in the National Vision class action lawsuit. A lead plaintiff is generally the movant with the great financials interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the National Vision class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the National Vision class action lawsuit. An investor’s ability to share in any potential future recovery of the National Vision class action lawsuit is not dependent upon serving as lead plaintiff. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: US$0.15 (vs US$0.50 in 3Q 2021) Third quarter 2022 results: EPS: US$0.15 (down from US$0.50 in 3Q 2021). Revenue: US$499.2m (down 3.6% from 3Q 2021). Net income: US$11.5m (down 72% from 3Q 2021). Profit margin: 2.3% (down from 7.9% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 11
Third quarter 2022 earnings released: EPS: US$0.15 (vs US$0.50 in 3Q 2021) Third quarter 2022 results: EPS: US$0.15 (down from US$0.50 in 3Q 2021). Revenue: US$499.2m (down 3.6% from 3Q 2021). Net income: US$11.5m (down 72% from 3Q 2021). Profit margin: 2.3% (down from 7.9% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Oct 28
National Vision Holdings, Inc. to Report Q3, 2022 Results on Nov 10, 2022 National Vision Holdings, Inc. announced that they will report Q3, 2022 results Pre-Market on Nov 10, 2022 Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: US$0.12 (vs US$0.46 in 2Q 2021) Second quarter 2022 results: EPS: US$0.12 (down from US$0.46 in 2Q 2021). Revenue: US$509.6m (down 7.3% from 2Q 2021). Net income: US$9.73m (down 74% from 2Q 2021). Profit margin: 1.9% (down from 6.8% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 4.5%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Jul 29
National Vision Holdings, Inc. to Report Q2, 2022 Results on Aug 11, 2022 National Vision Holdings, Inc. announced that they will report Q2, 2022 results Pre-Market on Aug 11, 2022 Buying Opportunity • Jun 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 32%. The fair value is estimated to be €31.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 80%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to decline by 28% in the next 2 years. Announcement • May 24
National Vision Holdings, Inc. Launches Pride Collection National Vision Holdings, Inc. announced the launch of its new Pride Collection, a limited series of gender-neutral eyewear celebrating Pride Month and the LGBTQ+ community. The capsule will be available in America’s Best Contacts & Eyeglasses stores and Vision Centers brought to them by Walmart. In conjunction with the launch, National Vision is donating $25,000 to support the Matthew Shepard Foundation, which empowers individuals to embrace the dignity and equality of all people through local, regional and national outreach, advocacy and resource programs. The Pride Collection features eight optical frames and four sunglasses. The collection showcases the Pride rainbow flag and features on-trend styles like crystal frames, oversized geometric and two-tone designs. The Pride Collection represents National Vision’s ongoing commitment to inclusion and support for the LGBTQ+ community, and the connected work of increasing access to affordable eye care and eyewear for everyo. Beginning May 23, 2022, customers can purchase Pride Collection glasses for $89.95 each or 2 for $143.95. Sunglasses and optical frames will be available in stores at America’s Best Contacts & Eyeglasses and Vision Centers inside select Walmart stores. Optical frames will also be available online at americasbest.com. Recent Insider Transactions • May 17
Senior VP & CFO recently bought €239k worth of stock On the 12th of May, Patrick Moore bought around 10k shares on-market at roughly €23.90 per share. This was the largest purchase by an insider in the last 3 months. This was Patrick's only on-market trade for the last 12 months. Announcement • May 12
National Vision Holdings, Inc. Revises Revenue Guidance for the Fiscal Ending December 31, 2022 National Vision Holdings, Inc. revises revenue guidance for the fiscal ending December 31, 2022. The company now expects revenue of $2.01 billion to $2.07 billion against $2.12 billion to $2.17 billion as previously forecasted. Reported Earnings • May 11
First quarter 2022 earnings released: EPS: US$0.37 (vs US$0.53 in 1Q 2021) First quarter 2022 results: EPS: US$0.37 (down from US$0.53 in 1Q 2021). Revenue: US$527.7m (down 1.2% from 1Q 2021). Net income: US$30.1m (down 31% from 1Q 2021). Profit margin: 5.7% (down from 8.1% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Over the next year, revenue is forecast to grow 6.1%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Apr 12
National Vision Holdings, Inc. Appoints Joe VanDette as New Chief Marketing Officer National Vision Holdings, Inc. announced that Joe VanDette has joined the company as Chief Marketing Officer, reporting to Chief Executive Officer Reade Fahs. VanDette will be responsible for leading the organization’s Marketing function including strategic brand management, CRM, advertising and media, digital marketing, e-commerce and research/insights. VanDette brings extensive experience leading marketing efforts for retail chains. He most recently served as Chief Marketing and Digital Officer for Smart & Final, a chain of grocery warehouse stores, where he led business transformation and customer engagement and used data-driven strategies to achieve exponential growth in brand awareness and e-Commerce business. Previously, VanDette held various leadership roles in Marketing, Strategy, and Consumer Analytics for Toys ‘R Us. Reported Earnings • Mar 01
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$1.57 (up from US$0.45 in FY 2020). Revenue: US$2.08b (up 22% from FY 2020). Net income: US$128.2m (up 254% from FY 2020). Profit margin: 6.2% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 4.0%, compared to a 17% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Feb 10
National Vision Holdings, Inc. to Report Q4, 2021 Results on Feb 28, 2022 National Vision Holdings, Inc. announced that they will report Q4, 2021 results Pre-Market on Feb 28, 2022 Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS US$0.50 (vs US$0.44 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$518.0m (up 6.7% from 3Q 2020). Net income: US$41.0m (up 16% from 3Q 2020). Profit margin: 7.9% (up from 7.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS US$0.46 (vs US$0.55 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$549.5m (up 111% from 2Q 2020). Net income: US$37.6m (up US$81.4m from 2Q 2020). Profit margin: 6.8% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Aug 13
National Vision Holdings, Inc. Revises Earnings Guidance for the Year Ending January 1, 2022 National Vision Holdings, Inc. revised earnings guidance for the year ending January 1, 2022. For the year, the company expected net revenue of $2.01 billion- $2.06 billion compared to previous guidance of $1.975 billion - $2.025 billion. 