National Vision Holdings Reports Q2 Earnings with Revenue Growth and Adjusted Operating Income Increase
National Vision Holdings (EYE) reported second-quarter earnings for fiscal year 2026, showing net revenue of $498.8 million—a 2.5% increase driven by new store sales and timing effects from unearned revenue. Despite a temporary e-commerce replatforming initiative causing a 150 basis point headwind to adjusted comparable store sales growth (up 2.2%), the company saw an average ticket price rise of 7.1%, reflecting higher-value customer engagement. Adjusted operating income rose to $31.6 million from $23.8 million in the prior year, supported by cost efficiencies and a better transaction mix. The adjusted operating margin expanded to 6.3%. Adjusted diluted EPS increased to $0.25 per share compared to $0.18 last year. America's Best saw strong performance with an estimated comp growth of over 4% excluding the e-commerce impact, while Eyeglass World and Military/Fred Meyer locations faced challenges. The company expects fiscal 2026 net revenue between $2.037 billion to $2.076 billion and adjusted operating income guidance raised to $119 million–$139 million.
Tickers: $EYE
Topics: adjusted_earnings_per_share comparable_sales operating_income revenue_growth