NATIONAL VISION HOLDINGS INC (EYE)
Consumer Discretionary · Optical retail · NASDAQ
National Vision is the largest value-focused optical retailer in the U.S., operating 1,250 stores and integrating remote telehealth eye care to serve price-conscious consumers seeking affordable, accessible eyecare and eyewear.
What NATIONAL VISION HOLDINGS INC does
National Vision Holdings is one of the largest optical retailers in the United States, operating 1,250 retail stores across four brands—America's Best Contacts and Eyeglasses, Eyeglass World, and Vista Optical (hosted within Fred Meyer stores and military bases)—as well as omni-channel websites including DiscountContacts.com. The company provides eye exams, eyeglasses, contact lenses, and remote telehealth eye care services, primarily serving value-conscious consumers. It operates a centralized laboratory network and distribution system to optimize costs and leverage purchasing scale across its diverse brand portfolio.
Themes: ["Optical retail / eyewear","Value-segment eyecare","Telehealth eye care services","Managed vision care / insurance reimbursement","Omni-channel retail / e-commerce","Store expansion and modernization"]
Fundamentals
- Price$19.53 as of 2026-07-09 close
- Market cap$1.5B as of 2026-07-10
- 1-year return-22.7% as of 2026-07-09 close
- P/E33.26 as of 2026-07-10
- Net margin+2.3% as of 2026-07-10
- Gross margin+58.8% as of 2026-07-10
- ROE+5.4% as of 2026-07-10
- Debt / equity0.27 as of 2026-07-10
- Revenue growth (YoY)+9.2% as of 2026-07-10
- Revenue CAGR (3y)+4.8% SEC XBRL
- Beta1.03 as of 2026-07-10
Dividend: 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Competition in the highly competitive optical retail industry and pricing pressure may limit growth and margin expansion.","Reliance on third-party vision insurance coverage and reimbursement from managed vision care companies and government programs exposes revenue to policy and reimbursement changes.","Supply chain disruptions, limited supplier diversity, and exposure to input cost inflation, tariffs, and wage increases could compress profitability."]
Competitors & peers
- Warby Parker (WRBY)
- LensCrafters / Luxottica (part of EssilorLuxottica)
- Pearle Vision
- Costco Optical
- Walmart Vision Centers
- Target Optical
- VSP Vision Care
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.