By Staff
Wednesday, May 24, 2023 12:15 AM
NEW YORK—The deadline for submissions to
Vision Monday's signature
Annual Top 50 U.S. Optical Retailers Report is today, May 24, at 11:59 p.m. The report and ranking will be published in
VM's upcoming June print/digital edition this year. The annual survey spans regional and national retailers and ECP groups for the exclusive report, which will collect and present sales and operations data for the calendar year ending Dec. 31, 2022. Noted Marge Axelrad, SVP/editorial director of
Vision Monday, "Given the still-challenging business climate of the past year, it’s important that we collect information directly from as many optical retailers as we can, so we can best manage the task of developing
VM estimates for companies and their businesses.
By Staff
Friday, May 19, 2023 12:15 AM
NEW YORK—The deadline for submissions to
Vision Monday's signature
Annual Top 50 U.S. Optical Retailers Report has been extended to May 24. The report and ranking will be published in
VM's upcoming June print/digital edition this year. The annual survey spans regional and national retailers and ECP groups for the exclusive report, which will collect and present sales and operations data for the calendar year ending Dec. 31, 2022. Noted Marge Axelrad, SVP/editorial director of
Vision Monday, "Given the still-challenging business climate of the past year, it’s important that we collect information directly from as many optical retailers as we can, so we can best manage the task of developing
VM estimates for companies and their businesses.
By Staff
Thursday, May 18, 2023 12:27 AM
CHARENTON-LE-PONT, France—
EssilorLuxottica’s annual general meeting was held yesterday in Paris, and the group's shareholders approved all 19 resolutions submitted by the board of directors to the Ordinary and Extraordinary General Meeting including the formal approval of the company's 2022 consolidated financial statements of the Group’s sales.
By Staff
Wednesday, May 17, 2023 12:24 AM
NASHVILLE, Tenn.—
Harrow, a leading U.S. eyecare pharmaceutical company, announced results for the first quarter ended March 31, 2023. The company revealed record revenues of $26.1 million
By Staff
Tuesday, May 16, 2023 12:24 AM
MCMURRAY, Penn.—Marking a continued expansion into Pennsylvania,
OCLI Vision and
Spectrum Vision Partners announced the acquisition of Crossroads Eye Care Associates to continue to build the AIO|OCLI Vision presence in Pittsburgh.
By Staff
Monday, May 15, 2023 12:15 AM
EMERYVILLE, Calif.—
NovaBay Pharmaceuticals, Inc. (NYSE American: NBY) reported financial results for the three months ended March 31, 2023. Net product revenue for the first quarter of 2023 was $3.1 million, compared with $3.3 million for the prior-year period, and included $2.2 million of Avenova-branded eyecare product sales, $0.8 million of DERMAdoctor skin care product sales, and $0.1 million of PhaseOne wound care product sales.
By Staff
Friday, May 12, 2023 12:27 AM
DULUTH, Ga.—
National Vision Holdings, Inc. (NASDAQ: EYE) reported net revenue increased 6.6 percent to $562.4 million compared to the first quarter of 2022, comparable store sales growth of 3.0 percent and adjusted comp store sales growth of 0.8 percent for the period. Net income for Q1 $18.3 million compared to $30.1 million respectively in Q1 2022. Reade Fahs, CEO, stated, “Amidst an uncertain macro environment, we delivered positive comparable sales growth for the first quarter driven primarily by strength in our managed care business.
By Staff
Thursday, May 11, 2023 12:30 AM
GENEVA, Switzerland—
Alcon (SIX/NYSE:ALC), a global leader in eyecare, reported first quarter 2023 sales of $2.3 billion for the period ending March 31, 2023, an increase of 7 percent compared to the same quarter of the previous year. The company also reported a 3.6 percent increase in first-quarter net income to $174 million from a year ago. David J. Endicott, Alcon's chief executive officer, said, "Thanks to the hard work and dedication of our more than 25,000 associates, 2023 is off to a strong start.
By Staff
Wednesday, May 10, 2023 12:33 AM
NEW YORK—
Warby Parker Inc. (NYSE: WRBY) reported revenue increases, an improvement in revenue per customers and reduced losses for the first quarter ended March 31, 2023. In year-over-prior-year highlights, Warby reported revenue reached $172 million for the three-month period, an increase of $18.8 million, or 12.2 percent. GAAP net loss improved by $23.3 million to $10.8 million. Adjusted EBITDA increased $17.0 million to $17.7 million while average revenue per customer increased 8.4 percent to $270. Warby stated that its active customers increased 2.5 percent in the period to 2.29 million.
By Staff
Wednesday, May 10, 2023 12:30 AM
JENA, Germany—
Carl Zeiss Meditec (ISIN: DE 0005313704) generated revenue of around €974.5 million in the first six months of fiscal year 2022/23, compared to same period in the prior year of €855.4 million, equating to growth of +13.9 percent (+12.4 percent adjusted for currency effects). Earnings before interest and taxes (EBIT) declined to around €143.9 million, compared to €177.3 million in the first half of the prior year. The EBIT margin was 14.8 percent compared to 20.7 percent in the period a year ago.
By Staff
Tuesday, May 9, 2023 12:24 AM
TOKYO—
Hoya Corporation (7741:Tokyo) reported on May 8 that sales for the fourth quarter of the consolidated fiscal year ending March 31, 2023 amounted to 185,766 million yen, an increase of 9.5 percent from the same period of the previous fiscal year. Hoya’s quarterly profit, before tax, amounted to 53,997 million yen, up 0.4 percent. After-tax quarterly profit amounted to 42,532 million yen, a 5.9 percent increase. On a regional basis, Hoya’s fourth-quarter revenues from the Japanese market climbed to 42,384 million yen, up 2.1 percent from year-ago.
By Staff
Tuesday, May 9, 2023 12:18 AM
NEW YORK—
Vision Monday will be publishing its signature
Annual Top 50 U.S. Optical Retailers Report in its upcoming June print/digital edition this year. The industry's leading news platform kicked off its annual
survey among regional and national retailers for the exclusive report.
By Staff
Friday, May 5, 2023 12:15 AM
LAKE FOREST, Calif.—
STAAR Surgical Company a developer, manufacturer and marketer of implantable lenses for the eye, reported financial results for the first quarter ended March 31, 2023.
By Staff
Thursday, May 4, 2023 12:27 AM
VAUGHAN, Ontario—
Bausch + Lomb Corporation, (NYSE/TSX: BLCO), a leading global eye health company, announced on Wednesday its first-quarter 2023 financial results. The company reported a first quarter loss of $90 million, after reporting a profit in the same period in 2022. Total reported revenues were $931 million for the first quarter of 2023, as compared to $889 million in the first quarter of 2022, an increase of $42 million, or 5 percent, according to an announcement from the company.
By Staff
Thursday, May 4, 2023 12:24 AM
PADUA, Italy—
Safilo Group S.p.A's board of directors reviewed and approved the company's Q1 2023 economic and key performance indicators. Angelo Trocchia, Safilo Group CEO, said, “The first quarter of 2023 broadly met our expectations for the beginning of the year, reflecting the continuation of some of the main business drivers that had characterized the second half of last year.