National Vision: Q4 Earnings Snapshot
By AP News
Published - Mar 01, 2023, 06:24 AM ET
Last Updated - Jun 22, 2023, 06:47 PM EDT
DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — National Vision Holdings Inc. (EYE) on Wednesday reported a fourth-quarter loss of $9.3 million, after reporting a profit in the same period a year earlier.
The Duluth, Georgia-based company said it had a loss of 12 cents per share. Losses, adjusted for one-time gains and costs, came to 8 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
The discount optical retailer and eye care provider posted revenue of $468.9 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $471.6 million.