National Vision Expects 2024 Net Revenue Of $1.965B-$2.005B Vs. $1.98B Consensus, And Adjusted EPS Of $0.50-$0.65 Vs. $0.55 Consensus; And Sees Adjusted Comparable Store Sales Growth Of 2%-4%
Fiscal 2024 Outlook
The Company's fiscal 2024 outlook reflects current expected or estimated impacts related to macro-economic factors, including inflation, geopolitical instability and risks of recession, as well as constraints on exam capacity; however, the ultimate impact of these factors on the Company's financial outlook remains uncertain with dynamic market conditions and the outlook shown below assumes no material deterioration to the Company's current business operations as a result of such factors or as a result of the termination of the Walmart partnership.
The Company is providing the following outlook for the 52 weeks ending December 28, 2024:
|
|
Fiscal 2024 Outlook |
|
New Stores |
65 - 70 |
|
Adjusted Comparable Store Sales Growth1 |
2.0% - 4.0% |
|
Net Revenue |
$1.965 - $2.005 billion |
|
Adjusted Operating Income |
$61 - $76 million |
|
Adjusted Diluted EPS2 |
$0.50 - $0.65 |
|
Depreciation and Amortization3 |
$95 - $100 million |
|
Interest4 |
$7 - $9 million |
|
Tax Rate5 |
26% to 28% |
|
Capital Expenditures |
$110 - $115 million |