National Vision (NASDAQ:EYE) Issues Quarterly Earnings Results, Beats Expectations By $0.07 EPS

National Vision (NASDAQ:EYE) released its earnings results on Wednesday. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07, Briefing.com reports. The firm had revenue of $498.81 million during the quarter. National Vision had a return on equity of 6.82% and a net margin of 2.47%.The business’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter last year, the company earned $0.18 earnings per share.

Here are the key takeaways from National Vision’s conference call:

• Q2 profitability improved: Net revenue rose 2.5% to $499 million, adjusted comparable-store sales increased 2.2%, adjusted operating margin expanded 140 basis points to 6.3%, and adjusted EPS climbed to $0.25 from $0.18.
• Premiumization is driving growth: Average ticket increased 7.1% and more than half of the increase came from product mix rather than pricing, with momentum in premium lenses, branded frames, managed care, and higher-value transactions.
• Full-year profitability guidance was raised: Adjusted operating income is now expected at $119 million-$139 million, while the company continues to target $0.94-$1.09 in adjusted EPS and approximately $10 million in annualized cost savings.
• Traffic remains pressured: Overall customer traffic fell 4.9%, particularly among value-seeking customers purchasing at the introductory bundle price point; the company narrowed its full-year comparable-sales outlook to 3%-5% as it assumes those purchases may remain deferred.
• Digital and brand investments are expanding: The e-commerce replatform caused an estimated 150-basis-point Q2 headwind but is beginning to improve exam-booking conversion, while increased marketing, store segmentation, premium offerings, and an Eyeglass World repositioning are planned for the second half.

National Vision Stock Performance

EYE opened at $19.05 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.62 and a debt-to-equity ratio of 0.25. The firm has a market cap of $1.53 billion, a PE ratio of 31.23, a P/E/G ratio of 1.70 and a beta of 1.02. The business has a fifty day simple moving average of $19.55 and a 200-day simple moving average of $22.65. National Vision has a fifty-two week low of $14.75 and a fifty-two week high of $30.02.

Analyst Upgrades and Downgrades

EYE has been the topic of a number of research reports. Citigroup dropped their price objective on National Vision from $39.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of National Vision in a report on Tuesday. Morgan Stanley dropped their price target on shares of National Vision from $22.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Thursday. Bank of America cut their price target on shares of National Vision from $35.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Finally, Wells Fargo & Company reduced their price objective on shares of National Vision from $30.00 to $20.00 and set an “equal weight” rating for the company in a research report on Thursday, May 14th. Seven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $30.36.

Hedge Funds Weigh In On National Vision

Institutional investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC acquired a new stake in National Vision during the 4th quarter worth about $28,000. Quarry LP increased its position in shares of National Vision by 317.4% in the third quarter. Quarry LP now owns 1,653 shares of the company’s stock worth $48,000 after acquiring an additional 1,257 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of National Vision in the fourth quarter worth approximately $47,000. Canada Pension Plan Investment Board raised its holdings in shares of National Vision by 333.3% during the second quarter. Canada Pension Plan Investment Board now owns 3,900 shares of the company’s stock valued at $90,000 after acquiring an additional 3,000 shares during the period. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in shares of National Vision during the third quarter valued at approximately $208,000.

National Vision News Summary

Here are the key news stories impacting National Vision this week:

• Positive Sentiment: National Vision reported second-quarter adjusted earnings of $0.25 per share, ahead of estimates ranging from $0.17 to $0.18, while revenue reached $498.81 million, up 2.6% year over year. The company also expanded its operating margin and raised its 2026 profit outlook. National Vision surpasses second-quarter earnings and revenue estimates
• Positive Sentiment: Management projected 2026 adjusted operating income of $119 million to $139 million, offering investors evidence of improving profitability despite ongoing cost and margin pressures. National Vision 2026 operating income outlook
• Positive Sentiment: Citigroup lowered its price target from $39 to $35 but maintained a Buy rating. The revised target still indicates substantial potential upside based on the cited current share price. Citigroup price target update
• Neutral Sentiment: The earnings release showed year-over-year EPS growth from $0.18 to $0.25 and modest revenue growth, but the company’s low net margin of 2.31% and 6.41% return on equity highlight limited profitability. National Vision second-quarter financial results
• Negative Sentiment: Investors remain concerned that National Vision is losing higher-paying self-pay customers. Gross-margin pressure and a narrowed comparable-sales outlook of 3% to 5% temper the positive earnings and guidance news. National Vision customer mix concerns

National Vision Company Profile

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price‐conscious consumer segments.

Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.