Eye Glasses & Contact Lens Stores Industry

NAICS: 44613

Eye Glasses & Contact Lens Stores Market Share: Largest Companies in the Eye Glasses & Contact Lens Stores Industry

Company	Headquarters	Revenue ($ MM)
LUXOTTICA U.S. HOLDINGS	Port Washington, NY	100
LUXOTTICA OF AMERICA	Mason, OH	86
NATIONAL VISION	Duluth, GA	31
CLARKSON EYECARE	Ballwin, MO	17
VISIONWORKS OF AMERICA	San Antonio, TX	15
IMPERIAL OPTIC MIDCO	Bloomington, IL	9
WARBY PARKER	New York, NY	5
EYEMART EXPRESS	Dallas, TX	5
NOW OPTICS	Palm Springs, FL	3
SHOPTIKAL	Green Bay, WI	2
P COR	Troy, MI	2
EYE DOCTORS OPTICAL OUTLET OF POLK P.A.	Tampa, FL	1
GRANDVISION USA RETAIL HOLDING	Miramar, FL	1
WEST POINT OPTICAL	Mason, OH	1
RX OPTICAL LABORATORIES	Kalamazoo, MI	1
VISION PRECISION HOLDINGS	Palm Springs, FL	1
GA DOCTORS OF OPTOMETRY	San Antonio, TX	1
FERNO-WASHINGTON	Wilmington, OH	1
GENERAL VISION SERVICES	New York, NY	1

This is a list of the largest companies active in the Eye Glasses & Contact Lens Stores industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Eye Glasses & Contact Lens Stores industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Eye Glasses & Contact Lens Stores Companies

A list of competitors in the Eye Glasses & Contact Lens Stores industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Eye Glasses & Contact Lens Stores businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Eye Glasses & Contact Lens Stores companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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