{"id":3229,"date":"2017-10-20T15:46:57","date_gmt":"2017-10-20T19:46:57","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3229"},"modified":"2017-10-20T15:46:57","modified_gmt":"2017-10-20T19:46:57","slug":"national-vision-holdings-eye-ipo-preview","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/national-vision-holdings-eye-ipo-preview\/","title":{"rendered":"National Vision Holdings (EYE) #IPO Preview"},"content":{"rendered":"<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-20-at-3.39.05-PM.png\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-3230\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-20-at-3.39.05-PM.png\" alt=\"NationalVisionLogo\" width=\"174\" height=\"127\" \/><\/a><\/p>\n<p>Company: <strong>National Vision Holdings, Inc.<\/strong><br \/>\nSymbol: EYE<br \/>\nDescription: They are one of the largest and fastest growing optical retailers in the United States and a leader in the attractive value segment of the U.S. optical retail industry.<br \/>\nShares: 15.8 million<br \/>\nPrice Range: $18.00-$20.00<br \/>\nTrade Date: 10\/26<br \/>\nUnderwriter(s): BofA Merrill Lynch, Goldman Sachs &amp; Co., Citigroup, KKR, Morgan Stanley, Jefferies, UBS Investment Bank, Wells Fargo Securities<br \/>\nCo-Manager(s): Guggenheim Securities, Mizuho Securities, Macquarie Capital<br \/>\nFiled 10-16-17<\/p>\n<p><strong><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1710155\/000156761917002184\/s001582x10_s1a.htm\" target=\"_blank\">Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.retailroadshow.com\/wp\/roadshows.asp\" target=\"_blank\">Link to Retail Roadshow<\/a><\/strong><\/p>\n<p><strong>Business<\/strong>: Their\u00a0mission is to make quality eye care and eyewear affordable and accessible to all Americans. They\u00a0achieve this by providing eye exams, eyeglasses and contact lenses to cost-conscious and low-income consumers. They deliver exceptional value and convenience to their customers, with an opening price point that strives to be among the lowest in the industry, enabled by their\u00a0low-cost operating platform. They reach \u00a0customers through a diverse portfolio of 980 retail stores across five brands and 19 consumer websites as of July 1, 2017.<\/p>\n<p><strong>FINANCIALS:\u00a0<\/strong>Their net revenues (predecessor and successor) were $716.5 million, $840.0 million, $932.7 million, $1.06 million and $1.196 billion and their net income (loss) was $738 thousand, $14.1 million, ($23.9 million), $3.6 million and $14.8 million in 2012, 2013, 2014, 2015, and 2016, respectively. In the first half of 2017, their net revenues increased 14.5% to $707.4 million, while their net income decreased 27.4% to $15.6 million, compared to the same period in the previous year.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-20-at-3.45.02-PM.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-3233\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-20-at-3.45.02-PM.png\" alt=\"EYEFinancials\" width=\"858\" height=\"501\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-20-at-3.45.02-PM.png 858w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-20-at-3.45.02-PM-600x350.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/10\/Screen-Shot-2017-10-20-at-3.45.02-PM-300x175.png 300w\" sizes=\"(max-width: 858px) 100vw, 858px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n<p><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><span style=\"font-weight: 400;\">IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n<p><strong>Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0<a href=\"https:\/\/www.ipoboutique.com\/cgi\/ipo-track-record-summary-report.php\"><span style=\"font-weight: 400;\">track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, we have our latest performance results with commentary from the month of May\u00a0<span style=\"font-weight: 400;\">by\u00a0<\/span><a href=\"http:\/\/www.ipoboutique.com\/blog\/?p=2333\"><span style=\"font-weight: 400;\">clicking here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>Indicate with confidence,\u00a0<\/b><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><b>SUBSCRIBE<\/b><\/a><b>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company: National Vision Holdings, Inc. Symbol: EYE Description: They are one of the largest and fastest growing optical retailers in the United States and a leader in the attractive value segment of the U.S. optical retail industry. Shares: 15.8 million Price Range: $18.00-$20.00 Trade Date: 10\/26 Underwriter(s): BofA Merrill Lynch, Goldman Sachs &amp; Co., Citigroup,[&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1372],"class_list":["post-3229","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-eye"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=3229"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3229\/revisions"}],"predecessor-version":[{"id":3234,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3229\/revisions\/3234"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}