Professional
Added to YB: 2024-03-04
Pitch date: 2024-03-04
EYE [bearish]
National Vision Holdings, Inc.
-26.23%
current return
Author Info
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Company Info
National Vision Holdings, Inc., through its subsidiaries, operates as an optical retailer in the United States.
Market Cap
$891.0M
Pitch Price
$22.91
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.16
P/E
-32.31
EV/Sales
0.90
Sector
Specialty Retail
Category
turnaround
Idea Brunch with George Hadjia of Bristlemoon Capital - [SHORT] National Vision Holdings, Inc.
EYE faces inflation headwinds as low-income customers cut spending. Credit card data shows weak demand. Walmart ending 33-year partnership, 17% of revenue & 25% of pre-tax earnings, could cut pre-tax earnings 15% & FCF 50%+. Optometrist shortage hurts margins. 41x P/E despite risks.
Read full article (2 min)