National Vision Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 06:06 am EST
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National Vision Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 532.36 million compared to USD 499.21 million a year ago. Net loss was USD 73.8 million compared to net income of USD 11.5 million a year ago. Basic loss per share from continuing operations was USD 0.94 compared to basic earnings per share from continuing operations of USD 0.15 a year ago. Diluted loss per share from continuing operations was USD 0.94 compared to diluted earnings per share from continuing operations of USD 0.15 a year ago.
For the nine months, revenue was USD 1,620.07 million compared to USD 1,536.47 million a year ago. Net loss was USD 49.91 million compared to net income of USD 51.38 million a year ago. Basic loss per share from continuing operations was USD 0.64 compared to basic earnings per share from continuing operations of USD 0.64 a year ago. Diluted loss per share from continuing operations was USD 0.64 compared to diluted earnings per share from continuing operations of USD 0.63 a year ago.
National Vision Holdings, Inc. is an optical retail company in the United States with over 1,100 stores in 38 states and Puerto Rico. The Company operates four retail brands: America's Best Contacts & Eyeglasses, Eyeglass World, and Vista Opticals inside select Fred Meyer stores and on select military bases, and e-commerce websites, offering a variety of products and services for customers eye care needs. The Company's segment includes Owned & Host. The Company, through its subsidiary, FirstSight Vision Services, Inc., is licensed as a single-service health plan under California law and issues individual vision plans in connection with its America's Best operations in California. The Company's e-commerce platform, which is managed by its subsidiary, AC Lens, serves its e-commerce websites and the e-commerce websites of third parties. AC Lens handles site management, customer relationship management (CRM) and order fulfillment and also sells a variety of contact lenses and eyeglasses.
NATIONAL VISION HOLDINGS, INC. 
