National Vision Holdings Reports $543.9 Million Revenue and $31.2 Million Net Income for Quarter Ended April 4, 2026

National Vision Holdings, Inc. reported a total net revenue of $543.9 million for the three months ended April 4, 2026, marking an increase of $33.6 million, or 6.6%, compared to $510.3 million for the same period in the previous year. The growth was primarily driven by a 4.4% increase in comparable store sales and a positive impact from unearned revenue, which contributed $10.4 million to the revenue figures. The company's net income for the quarter was $31.2 million, translating to earnings per share of $0.38 on a diluted basis, compared to $14.2 million and $0.18 per share in the prior year.

In terms of operational metrics, National Vision's customer engagement remained strong, with the company operating 1,274 retail locations as of April 4, 2026, an increase from 1,250 locations at the end of the previous fiscal period. The company opened eight new stores during the quarter while closing four, resulting in a net increase of 20 America’s Best stores and 19 Military stores since the previous year. The company also reported an increase in exam revenues, which rose by 8.4% year-over-year, contributing to the overall growth in service sales.

The company’s cost of revenue increased to $219.1 million, or 40.3% of total net revenue, up from 40.2% in the prior year. This increase was attributed to higher costs associated with product sales, which rose by 8.5%, primarily due to a shift in product mix. Selling, general, and administrative expenses remained relatively stable at $256.1 million, representing 47.1% of total revenue, a decrease from 50.1% in the previous year, indicating improved operational efficiency.

Strategically, National Vision has focused on enhancing its digital presence and customer experience. The company initiated a re-platforming of its America’s Best website to strengthen its digital foundation and improve customer engagement. Additionally, the company has invested in remote medicine capabilities to expand access to eye care services, which has positively impacted revenue and profitability. Looking ahead, National Vision anticipates continued growth driven by store expansions, improved customer engagement strategies, and ongoing investments in technology and service offerings, despite facing challenges from macroeconomic conditions and competitive pressures in the optical retail market.