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National Vision slips 2% on bearish Pacific Square report

|About: National Vision Holdin... (EYE)|By:, SA News Editor

National Vision (EYE -1.7%) slips on light volume in apparent response to a cautious report from short shop Pacific Square Research citing accounting issues, including a non-GAAP comp store sales metric, an unusual approach used by only a few non-U.S. companies.

A recent article on SA by The Capitolist is also bearish, projecting 50% downside risk, also cites the non-GAAP measure (among other factors).

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