Myopia Awareness Week Calls Attention to Global Eye Health Concern

The numbers are overwhelming and still climbing. Myopia is growing around the world, with a recent study estimating that on average, 30 percent of the world is currently myopic, and by 2050 almost 50 percent (5 billion people) will be myopic, according to the International Myopia Institute. Myopia prevalence is also rising in the U.S., with a reported prevalence of 42 percent, a number that has almost doubled in three decades. The week of May 13-19 has been designated as Myopia Awareness Week 2024, a global event that aims to raise awareness about juvenile-onset myopia and encourage eyecare professionals to take necessary actions.

Warby Parker Announces Strong First Quarter 2024 Results and Raises Full-Year Guidance

NEW YORK—Warby Parker Inc. (NYSE: WRBY), has announced financial results for the first quarter ended March 31, 2024. Net revenue increased $28.0 million, or 16.3 percent, to $200.0 million, as compared with the prior-year period. The company also announced that average revenue per customer increased 9.6 percent year-over-year to $296 with increased active customer growth of 3.2 percent to 2.36 million.

The Vision Council Supports National Eye Institute in Celebrating Healthy Vision Month in May

ALEXANDRIA, Va.—The Vision Council, the leading trade association for the optical industry, has partnered with the National Eye Institute this May in celebrating Healthy Vision Month, according to an announcement from the association. The 2024 campaign, “Reframe Your Future," seeks to teach those living with a visual impairment about the importance of utilizing mental health services and vision rehabilitation to enhance their day-to-day lives. According to the U.S. Surgeon General, the U.S. is facing a loneliness and isolation epidemic.

National Vision Holdings, Inc. Reports First Quarter 2024 Financial Results

DULUTH, Ga.—National Vision Holdings, Inc. (NASDAQ: EYE), one of the largest optical retail companies in the U.S., reported its financial results for the first quarter ended March 30, 2024. Net revenue increased 4.2 percent to $542.5 million compared with the first quarter of 2023 and was primarily driven by growth from new store sales, higher revenue from the company’s AC Lens business, and the effect of unearned revenue compared with the prior-year period. Net revenue includes a 0.5 percent impact from the timing of unearned revenue in the current-year period compared with the prior-year period, according to an announcement from the company.

The National Average for Gross Revenue at ECP Locations Decreased for the Week of April 29–May 5, Jobson’s Latest Practice Performance Tracker Shows

NEW YORK—The national average for gross revenue at ECP locations decreased last week, April 29–May 5, when compared with the previous week at a rate of -1 index point. That places gross revenue at a level 3 index points above where it was at this point in time (Week 18) when compared with last year (2023), 10 points above the same period in 2022, 14 points above 2021, 93 points above 2020 (during COVID) and 23 points above 2019, according to Jobson’s most recent Practice Performance Tracker.