Here are the numbers...looks good to me (but I have to go to NVAL soon for a changed Rx!)
LAWRENCEVILLE, Ga., Aug. 6 /PRNewswire/ -- National Vision Associates, Ltd. (Nasdaq: NVAL - news) announced sales results for the four weeks ended August 1, 1998.
Total net sales for the four-week period were $16.3 million, an increase of 19.7 percent over the comparable four-week period a year ago. Comparable store sales for domestic vision centers, excluding Midwest Vision and the company's recently completed acquisition of Frame-n-Lens, increased 6.0 percent over the level recorded in the comparable four-week period a year ago. At August 1, 1998, excluding vision centers acquired with the Frame-n-Lens acquisition, NVAL operated 453 vision centers compared to 363 vision centers at July 26, 1997.
For the fiscal year-to-date, total net sales were $121.8 million, an increase of 18.8 percent over the comparable period a year ago. Year-to-date comparable store sales for domestic vision centers increased 4.0 percent.
National Vision Associates, Ltd. is the nation's second largest optical company in terms of locations, including 287 locations with Frame-n-Lens and 50 freestanding locations that operate under the trade name, Midwest Vision. The Company's retail operations offer a full line of optical goods including spectacles, contact lenses, prescription and non-prescription sunglasses and a full line of optical accessories. In addition, independent Doctors of Optometry are available adjacent to store locations.
SOURCE: National Vision Associates, Ltd. |