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  September 5, 2001
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Home > Company Index > Specialty Retail > Miscellaneous Retail > National Vision, Inc.

National Vision, Inc.
OTC: VSTAQ
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 PROFILE
National Vision (formerly Vista Eyecare) set its sights on reaching the top of the retail optical market, but that vision got a little blurry. The company sells low-cost prescription glasses, contact lenses, sunglasses, and accessories through about 500 locations. It operates about 430 vision centers in Wal-Mart, 30 of which are in Mexico. The company also operates stores in about 60 Fred Meyers stores. Underperforming stores and costly debt caused National Vision to file Chapter 11 in April 2000 and close about 90 locations; it emerged from Chapter 11 in mid-2001. A group led by board member Campbell Lanier III owns about 21% of National Vision.

 COMPETITION
Cole National Corporation (CNJ)
Eye Care Centers of America, Inc. (dossier)
LensCrafters, Inc. (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 307.70
1-Yr. Sales Growth: (6.5)%
Employees: 4,060
Revenue per employee: $75,788.18

 KEY PEOPLE
• James W. Krause
    CEO
• Angus C. Morrison
    CFO

 CONTACT INFO
296 Grayson Hwy.
Lawrenceville, GA 30045
US
Phone: 770-822-3600
Fax: 770-822-3601
Online: Web Site

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