Shares of optical retailer National Vision (NYSE:EYE) jumped 21.7% in the pre-market session after the company reported strong fourth quarter 2024 results: Revenue beat slightly, and EPS was just in line. New store openings and higher average ticket prices drove sales, although lower online sales and store closures offset some gains. Looking ahead, National Vision's full-year guidance was a bright spot, with both revenue and EPS outlook surpassing Wall Street's expectations. This outlook is lifting shares.
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National Vision’s shares are quite volatile and have had 17 moves greater than 5% over the last year. But moves this big are rare even for National Vision and indicate this news significantly impacted the market’s perception of the business.
National Vision is up 19.3% since the beginning of the year, but at $12.84 per share, it is still trading 46.1% below its 52-week high of $23.81 from March 2024. Investors who bought $1,000 worth of National Vision’s shares 5 years ago would now be looking at an investment worth $332.76.
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