Transcript: National Vision Holdings Q1 2026 Earnings Conference Call

National Vision Holdings (NASDAQ:EYE) held its first-quarter net league telephone connected Wednesday. Below is the implicit transcript from the call.

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Summary

National Vision Holdings reported a 6.6% summation successful nett gross to $544 cardinal for Q1 2026, with adjusted comparable store income rising 4.5%.

The company's adjusted operating borderline expanded by 210 ground points to 10.2%, driven by outgo subject and maturation successful profitable lawsuit cohorts.

National Vision Holdings reaffirmed its fiscal 2026 guidance, expecting nett gross betwixt $2.03 and $2.09 cardinal and adjusted operating income betwixt $107 and $133 million.

The institution is focusing connected strategical initiatives similar merchandise premix optimization, enlargement of premium framework and lens options, and integer commerce enhancement.

Management highlighted the palmy motorboat of Meta AI glasses crossed each stores and the instauration of premium Nikon Eyes lenses, which are expected to lend to growth.

Operational highlights see the summation of 20 caller subject optical sites, making National Vision Holdings the sole optical supplier connected U.S. Army and Air Force bases.

Future strategical plans impact enhancing store segmentation to amended tailor merchandise assortments and improving integer capabilities to enactment e-commerce growth.

Full Transcript

OPERATOR

Good time and convey you for lasting by. Welcome to the Q1 2026 National Vision Holdings Earnings Conference call. At this time, each participants are successful a perceive lone mode. Please beryllium advised that today's league is being recorded. After the speaker's presentation, determination volition beryllium a question and reply session. To inquire a question, delight property Star 1 one connected your telephone and hold for your sanction to beryllium announced. To retreat your question, delight property Star 1 one again. I would present similar to manus the league implicit to your talker today, Tamara Gonzalez, Head of Investor Relations.

Tamara Gonzalez (Head of Investor Relations)

Thank you and bully greeting everyone. Welcome to National Vision's archetypal 4th 2026 net call. Joining maine connected the telephone contiguous are Alex Wilkes, CEO, and Chris Layden, CFO. Our net merchandise issued this greeting and the presumption accompanying our telephone are some disposable successful the Investors conception of our website ir.nationalvision.com. A replay of the audio webcast volition beryllium archived successful the Investors conception aft the call. Before we begin, fto maine punctual you that our net materials and today's presumption see guardant looking statements arsenic defined successful the Private Securities Litigation Reform enactment of 1995. These statements are taxable to risks and uncertainties that could origin existent results to disagree materially from our expectations and projections. These risks and uncertainties include, but are not constricted to, the factors identified successful the merchandise and our filings with the securities and Exchange Commission (SEC). The merchandise successful today's presumption besides includes definite non-GAAP measures. Reconciliation of these measures is included successful our merchandise and the supplemental presentation. We would similar to gully your attraction to descent 2 successful today's presumption for further accusation astir guardant looking statements and non-GAAP measures. As a reminder, National Vision provides capitalist presentations and supplemental materials for capitalist notation successful the Investors conception of our website. I volition present crook the telephone implicit to Alex.