Emerging Vision total net revenue up 4% for Q1 2006 results
18 May '06
3 min read
“In addition to better monitoring of our franchisees' operations, we continued our efforts to enforce our franchise agreements, from a legal perspective, when deemed necessary. Our persistence resulted in the resolution of certain settlements in our favor during the first and second quarters. We continue to be focused on making important investments in the Company that will support and enhance our future growth, and are encouraged by the results we have generated to-date. Based on our consistent record of profitability, as well as our expectations of profitability going forward, the Company is now able to recognize valuable tax assets that it was previously unable to. We are encouraged with our progress and believe that we are well positioned for long-term growth in the future.”
Emerging Vision, Inc. is a leading provider of eye care products and services and currently operates one of the largest franchised optical chains in the United States. Principally under the Sterling Optical and Site for Sore Eyes brands, the Company has 157 franchised and Company-owned stores located across 15 states, the District of Columbia, Canada and the U.S. Virgin Islands.