PEARLE VISION

Data Based On: 169 EyeCare Centers owned by an optometrist or ophthalmologist, open for full fiscal year 2025, using the full service operating model.

* All monetary amounts are in thousands (000s) as stated in the source document. Average gross revenue and median gross revenue are taken directly from 'Net Total Revenue' average and median for 'ALL REPORTING OD OWNER EYECARE CENTERS' (Table 1A/1B). Revenue top quartile and revenue bottom quartile are taken directly from 'Net Total Revenue' for '1ST QUARTILE' and '4TH QUARTILE' respectively, in Table 1A/1B. Average gross profit is taken directly from 'Gross Margin ($)' average in Table 1A/1B. Average net profit (EBIT) is calculated as Average Gross Margin - (Average Payroll + Average Occupancy + Average Royalty & Advertising + Average Other Expenses + Average Depreciation & Amortization), which is 1020 - (431 + 113 + 150 + 104 + 27) = 195 (in thousands). Average EBITDA and EBITDA margin percentage are taken directly from 'EBITDA' average and 'EBITDA%' average in Table 1A/1B. Best guess profit low and best guess profit high are derived from the 4th Quartile EBITDA ($36,000) and 1st Quartile EBITDA ($446,000) values from Table 1A/1B to represent a range of profit performance. Average net income is not provided as tax information is unavailable. Poc_number and poc_franchise_count are based on the 'Number of Stores Reporting' for 'ALL REPORTING OD OWNER EYECARE CENTERS' (Table 1A/1B). Poc_company_count is 0 as explicitly stated in the introductory text for Item 19.