National Vision Q3 revenue up 2.9% to $451.5 million; net loss $8.4 million
National Vision reported third quarter 2024 net revenue up 2.9% to $451.5 million, but a net loss from continuing operations of $8.4 million, compared with a loss of $0.4 million a year earlier. Adjusted Diluted EPS rose to $0.12 from $0.11, and the company reaffirmed its fiscal 2024 outlook for key operating metrics while lowering its capital expenditure outlook.
Key points
- Net revenue rose 2.9% to $451.5 million; comparable store sales grew 1.4%.
- Diluted EPS from continuing operations was $(0.11), versus $(0.00) in Q3 2023; Adjusted Diluted EPS was $0.12 versus $0.11.
- Fiscal 2024 Adjusted Diluted EPS outlook of $0.45 to $0.50 was reaffirmed; capital expenditures outlook cut to $100 million to $105 million from $110 million to $115 million.
- The company completed its comprehensive store fleet review and plans to open 30 to 35 new stores in fiscal 2025.
The filing
Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.