Optical retail company National Vision Holdings, Inc. (NASDAQ: EYE) on Wednesday announced financial results for the fourth quarter of FY25, and issued guidance for fiscal 2026.
- Net revenue from continuing operations rose 15.1% from last year to $503.4 million in the fourth quarter.
- There was a 6.6% growth in Q4 comparable-store sales; adjusted comparable-store sales rose 4.8%, representing 12 consecutive quarters of growth.
- Net income from continuing operations was $3.3 million, compared to a loss of $28.6 million in the year-ago quarter.
- Earnings per share for the quarter were $0.04, versus a loss of $0.37 per share in Q4 2024.
- On an adjusted basis, earnings from continuing operations per share were $0.15, versus a loss of $0.04 per share last year.
- Adjusted operating Income from continuing operations increased to $17.6 million during the three months from $3.2 million last year.
- Adjusted operating margin from continuing operations improved to 3.5% in the fourth quarter from 0.7% in Q4 2024.
- For fiscal 2026, the company expects net revenue to be in the range of $2.033 billion to $2.091 billion.
- FY26 adjusted earnings per share are expected to be between $0.85 and $1.09.
- The guidance for full-year capital expenditure is in the $73-78 million range.