National Vision Completes Comprehensive Review of Store Fleet
National Vision Holdings, Inc. (EYE)
Last national vision holdings, inc. earnings: 2/26 06:00 am
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Source: Business Wire
Actions to improve overall health of the core businessAddressing underperforming stores expected to deliver ~$4 million in annualized Adjusted EBITDA1 improvement by end of fiscal 2026Moderates 2025 new store openings to invest in enhanced customer experience DULUTH, Ga.--(BUSINESS WIRE)--National Vision Holdings, Inc. (NASDAQ: EYE) (“National Vision” or the “Company”) today announced the results of its comprehensive store fleet review. In August 2024, the Company announced it had identified an initial list of less than 5% of its total fleet that were not meeting its profitability thresholds and said it was considering potential actions for those underperforming stores. The Company plans to take action on 43 stores, including closing 39 stores by the end of fiscal 2026 and converting four Eyeglass World stores to America’s Best by the end of fiscal 2024.The Company expects that closing these stores will improve the overall health of the core business. Further, the Company announced
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EYE
News
- National Vision Holdings Third Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
- National Vision Completes Comprehensive Review of Store Fleet [Yahoo! Finance]Yahoo! Finance
- National Vision Holdings, Inc. Reports Third Quarter 2024 Financial ResultsBusiness Wire
- National Vision Holdings Inc (EYE) Q3 2024 Earnings Report Preview: What To Look For [Yahoo! Finance]Yahoo! Finance
- Estimating The Fair Value Of National Vision Holdings, Inc. (NASDAQ:EYE) [Yahoo! Finance]Yahoo! Finance
EYE
Earnings
- 11/6/24 - Beat
EYE
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- EYE's page on the SEC website