National Vision Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 01, 2022
November 10, 2022 at 06:52 am EST
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National Vision Holdings, Inc. reported earnings results for the third quarter and nine months ended October 01, 2022. For the third quarter, the company reported revenue was USD 499.21 million compared to USD 518.01 million a year ago. Net income was USD 11.5 million compared to USD 40.99 million a year ago. Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.5 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.45 a year ago.
For the nine months, revenue was USD 1,536.47 million compared to USD 1,601.67 million a year ago. Net income was USD 51.38 million compared to USD 122.03 million a year ago. Basic earnings per share from continuing operations was USD 0.64 compared to USD 1.49 a year ago. Diluted earnings per share from continuing operations was USD 0.63 compared to USD 1.34 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. 
