National Vision Holdings, Inc.

National Vision Holdings, Inc. (NASDAQ: EYE) operates as one of the largest optical retailers in the United States, serving customers through a diverse portfolio of approximately 1,250 retail stores across four brands. The company's website is www.nationalvision.com.

The company conducts substantially all activities through its indirect, wholly-owned subsidiary National Vision, Inc. and operates under one reportable segment, the Owned & Host segment. This segment encompasses two owned brands—America's Best Contacts and Eyeglasses and Eyeglass World—along with Host brands consisting of Vista Optical locations within select Fred Meyer stores and on military bases. In fiscal 2025, managed care business represented 42 percent of revenues from continuing operations.

National Vision's core business involves providing eye exams, eyeglasses, and contact lenses to consumers across the nation. The company offers a diverse frame portfolio encompassing well-known designer brands and private label options, along with a broad range of lenses including single vision, bifocal, and progressive lenses with various treatments. The company also operates DiscountContacts.com, a dedicated e-commerce platform, and omni-channel store websites that collectively represented approximately 7 percent of net revenue in fiscal 2025.

The company operates a highly efficient centralized laboratory network with four domestic, company-operated manufacturing facilities and an outsourcing relationship with an international third-party facility. These facilities provide seven to ten-day turnaround service for eyeglass orders. Additionally, Eyeglass World stores feature on-site laboratories enabling same-day service for certain orders. National Vision maintains a 118,000 square foot distribution center in Lawrenceville, Georgia.

As of January 3, 2026, the company employed 13,138 full-time and part-time associates, including 635 directly employed optometrists. The company's network includes 2,367 optometrists total, comprising directly employed optometrists, those employed by professional corporations under contract, and independent optometrists subleasing store space. National Vision has opened over 1,100 stores since 2006, with new store models typically ranging from 2,500 to 4,500 square feet and targeting fifth-year sales between 1.5 million and 1.7 million dollars.