Headlines

Optical Giant Seeks to Open 1,000 More Stores

Published

6 years ago

December 18, 2017

It recently raised $348M.

The CEO of National Vision Holdings says the company would like to open 1,000 more America’s Best and Eyeglass World stores.

Reade Fahs told Investor’s Business Daily that the company is currently building about 75 stores a year.

“We see that continuing for a nice long time,” he said.

Daniel Binder, an analyst with Jefferies, told Investor’s Business Daily that it’s possible the company will reach its 1,000-store goal eventually. He sees room in the Northeast and in California for National Vision to expand.

National Vision recently opened its 1,000th retail location.

The company raised $348 million in an initial public offering that launched in October, Bloomberg reports.

Read more at Investor’s Business Daily

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