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National Vision Holdings Inc

National Vision Holdings, Inc., through its subsidiaries, operates as an optical retailer in the United States. The company offers eyeglasses and contact lenses, and optical accessory products; and provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, Vista Optical military, and DiscountContacts.com. It also offers health maintenance organization and optometric services. In addition, the company sells prescription and non-prescription eyewear, contact lenses and related accessories to retail customers. The company serves a diverse customer base, including price-driven consumers, style leaders, wellness shoppers with vision benefits, managed care customers, outside prescription customers, and progressive lens wearers. The company was formerly known as National Vision, Inc. and changed its name to National Vision Holdings, Inc. in March 2014. The company was founded in 1990 and is headquartered in Duluth, Georgia.

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Wendy's, Quantinuum, CoreWeave lead midday stock movers

Several companies made notable moves in midday trading, led by Wendy's jumping 13% after The Financial Times reported that Nelson Peltz' Trian Fund Management was preparing a bid to take the fast food chain private. Quantinuum rallied more than 21% after issuing better-than-expected 2026 revenue guidance of $28 million to $32 million, above the FactSet consensus of $26.5 million. CoreWeave gained 18% after reporting second quarter adjusted operating income margin of 5%, beating the StreetAccount estimate of 2.7%, and revenue of $2.58 billion, up 112% year over year. Super Micro Computer rose 14% on strong first quarter guidance, expecting adjusted earnings of $1.01 to $1.10 per share versus the LSEG consensus of 76 cents, and revenue of $14.5 billion to $15.5 billion, far above the anticipated $11.68 billion. H&R Block surged 15% after issuing an upbeat fiscal 2027 forecast of adjusted earnings between $6.04 and $6.24 per share on revenue of $4.11 billion to $4.16 billion, compared to LSEG estimates of $5.86 per share and $4.05 billion. Cava Group jumped 12% after second quarter earnings of 19 cents per share topped the LSEG consensus of 18 cents, with revenue of $368.4 million beating the expected $361 million. National Vision tumbled 6% after full-year guidance of 94 cents to $1.09 per share on revenue of $2.037 billion to $2.076 billion fell short of FactSet estimates of 96 cents and $2.06 billion. Aecom dropped 6% on weak fiscal third quarter results, with revenue of $3.59 billion down about 14% year over year and net service revenue in the Americas of $808.4 million below the FactSet forecast of $1.24 billion. Velo3D jumped 12% after raising its full-year revenue outlook to $65 million to $75 million, up from $60 million to $70 million, versus the FactSet consensus of $64.4 million. Lumentum Holdings rose 15% after fourth quarter adjusted earnings and revenue exceeded expectations, and Nebius Group jumped more than 25% on better-than-expected EBITDA and revenues. Coherent gained more than 9% ahead of its own earnings after the bell, and Kontoor Brands added 7% after second quarter earnings slightly beat expectations and full-year guidance was raised above consensus.
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EYE

National Vision Raises Outlook as Higher-Value Customers Fuel Breakout Quarter

National Vision Holdings raised its fiscal 2026 adjusted operating income outlook after second quarter net revenue rose 2.5% to $498.8 million and net income climbed to $12.4 million from $8.7 million a year earlier. Diluted earnings per share increased to $0.15 from $0.11, while adjusted operating income jumped 32.7% to $31.6 million. The company now expects adjusted operating income of $119 to $139 million, up from its prior target of $107 to $133 million. CEO Alex Wilkes attributed the stronger profitability to an intentional shift toward a healthier customer base, improved product mix, enhanced customer experience, and cost discipline, with higher-value transactions, managed care customers, and ticket growth gaining momentum.
ExecEdge·14dRead more ▾
Spatial Computing / AR/VR

Meta Ray-Ban smart glasses are among fastest-selling products at National Vision

Meta Platforms' new Ray-Ban smart glasses are one of the fastest-selling products at eyeglass retailer National Vision. CEO Alex Wilkes discussed the latest consumer buying trends around the new generation of wearable technology on Market Domination.
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EYE

National Vision Director Michael Nicholson Buys 50,000 Shares for $776,000

National Vision Holdings director Michael Nicholson purchased 50,000 shares of common stock on June 5th, a transaction totaling $776,000, according to a regulatory filing. Shares rose 6% to $17.48 in early trading following the disclosure. The insider buy came after the company reaffirmed its fiscal 2026 outlook on June 3rd and reported that adjusted comparable store sales growth remained in the low single digits for the second quarter to date. National Vision also said it has repurchased approximately $20 million of common stock under a $50 million buyback authorization approved effective March 2, 2026. The reaffirmed outlook follows a first quarter in which net revenue rose 6.6% to $543.9 million and net income climbed to $31.2 million from $14.2 million a year earlier.
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