National Vision Q2 revenue slightly misses estimates
EYE•Outlook raised for 2026
- National Vision raises 2026 adj operating income outlook to $119 mln-$139 mln from $107 mln-$133 mln
- Company now sees 2026 adj diluted EPS at $0.94-$1.09, up from $0.85-$1.09
- National Vision narrows 2026 adj comparable store sales growth outlook to 3%-5% from 3%-6%
Result drivers and analyst coverage
- Higher-value transactions - Co said growth in higher-value transactions and average ticket size contributed to Q2 results
- Managed care growth - Continued strength in managed care customer cohort supported comparable store sales growth
- Cost discipline - Lower associate-related and advertising expenses helped reduce SG&A as a percentage of revenue
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy".
Wall Street's median 12-month price target for National Vision Holdings, Inc. is $30.00, about 36% above its August 11 closing price of $22.06.
The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 22 three months ago.
