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EYEBearishEarningsnews
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National Vision (EYE) Q1 Earnings Beat Estimates, Margins Down

May 9, 2024, 11:09 AM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- National Vision reported 30 cents EPS, 4.2% revenue growth, and missed estimates. - SG&A expenses rose by 5.2%, operating margin contracted by 106 bps year over year. - Adjusted comparable store sales grew 0.4%; company plans to expand exam capacity. - Price Impact Rating: bearish - Impact Horizon Rating: short-term - Type: Earnings

  • National Vision reported 30 cents EPS, 4.2% revenue growth, and missed estimates.
  • SG&A expenses rose by 5.2%, operating margin contracted by 106 bps year over year.
  • Adjusted comparable store sales grew 0.4%; company plans to expand exam capacity.

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