National Vision Holdings: Gains on strong Q1 results

National Vision Holdings

13/05/2021 13:23

** Shares of optic retailer  EYE.O  up as much as 3.05% at
$48.34 premarket 
    ** Co posts Q1 adjusted earnings of 48 cents per share,
beating Refinitiv IBES estimates of 32 cents per share
    ** EYE also posts bigger-than-expected Q1 revenue of $534.2
mln, helped by pent-up demand and low price offerings
    ** Co also raises FY 2021 net revenue outlook to $1.975 bln
- $2.025 bln, vs previous expectations of $1.93 bln - $1.98 bln
    ** EYE expects adjusted comparable store sales growth of 16%
to 19%, above previous outlook of 13% to 16%
    ** Up to last close, stock up ~34% YTD 

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com;))