National Vision Shares Up Premarket on Expanded Walmart Pact
January 23 2020 - 9:54AM
Dow Jones News
By Colin Kellaher
National Vision Holdings Inc. (EYE) shares rose more than 5% in
premarket trading Thursday after the optical retailer reached an
extended and expanded agreement with Walmart Inc. (WMT).
In a filing late Wednesday with the Securities and Exchange
Commission, National Vision said its management and services
agreement with the retail giant was extended by six months to
February 2021.
The Duluth, Ga., company said the amendment also adds five more
vision centers to the agreement, and that it will now managing 231
locations within Walmart stores.
National Vision shares, which closed Wednesday at $35.04, were
up 5.9% to $37.12 in premarket trading.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 23, 2020 09:39 ET (14:39 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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