National Vision Holdings Cuts Full-Year Revenue Outlook

By Will Feuer National Vision Holdings Inc. cut its full-year revenue forecast to reflect macroeconomic factors like inflation and geopolitical uncertainty, as well as constraints on the company’s ability to conduct eye exams. The optical-retail company said it now expects full-year revenue of $1.99 billion to $2.02 billion, down from prior guidance of $2.01 billion to $2.07 billion. The company also lowered the top-end of its full-year adjusted earnings guidance. It now expects 2023 adjusted earnings of 65 cents a share to 77 cents a share, down from a range of 65 cents a share to 80 cents a share.