National Vision Stock Down Despite Q2 Earnings & Revenue Beat

National Vision Holdings’ (EYE) second-quarter 2026 results beat earnings and revenue expectations, but the stock fell. Adjusted earnings were 25 cents per share, up 38.9% year over year, topping the Zacks Consensus Estimate by 47.1%. Net revenues rose 2.5% to $498.81 million, exceeding consensus by 1.4%. EYE said growth was driven by higher average ticket and continued strength in managed care, while adjusted comparable store sales rose 2.2%. The quarter also reflected mixed brand trends, with America’s Best up 2.5% and Fred Meyer down 7.4%. The company opened nine America’s Best stores and ended with 1,281 total. Despite the update, shares dropped 7.9% after results.