National Vision Lifts Q1 Sales, Expands Margin, Reaffirms 2026 Outlook

Overview

• National Vision posted first-quarter revenue of $544 million, up 6.6%, with adjusted comparable sales up 4.5% and an adjusted operating margin of 10.2%, which is 2.1 percentage points higher.
• Management kept its full-year targets for 2026, guiding to $2.03–$2.09 billion in revenue and $107–$133 million in adjusted operating income.
• Leaders said the margin gain came from tighter costs and a shift toward higher-value customers and products like premium frames and advanced lens materials.
• The company rolled out Meta AI glasses across its chains, plans a Nikon Eyes premium lens launch, and added 20 military optical sites that make it the sole provider on U.S. Army and Air Force bases.
• The team flagged a short-term hit to eye exam bookings from a website overhaul and said new store segmentation and the Nikon lens launch should help steady traffic.