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Jobson Optical Research
is tracking national and regional optical business metrics for the U.S.

*This index baseline was developed by Jobson Research from total sales from an average week in 2019.

This tracker measures sales trends comparing pre-pandemic, during the pandemic, and post-pandemic.

We selected 1,500 optical locations that have been operating and reporting their sales to our partners, GPN and ABB Analyze, since 2019. We re-based the index to an average week in 2019. This new index base will be used as an arbitrary benchmark and assigned a value of 100.

GROSS REVENUE 3-YEAR TREND

The national average for gross revenue at ECP locations decreased substantially by -21 index points last week (Sept. 5-11) as a result of the Labor Day holiday occurring at the beginning of the period being tracked. That places gross revenue at a level 10 points above where it was at this point in time (Week 37) when compared with last year, 3 points above the same period in 2020, but 10 points below 2019.

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BUSINESS METRICS

All optical sales categories were down last week when compared with the previous week due to the Labor Day holiday. Gross revenue’s decline of -21 index points was the steepest, followed by exams/refractions and frame units (both declining by -20 points), lens pairs (-19 points), and contact lenses (-14). When comparing last week’s optical sales with the same period last year, all categories were up, ranging from the largest increase of 10 index points for gross revenue to the smallest increase of 4 index points for lens pairs.

SNAPSHOT

With all optical sales decreasing substantially last week as a result of the Labor Day holiday, all categories reached levels below an average week in 2019 (the index baseline assigned a value of 100 for this Optical Business Tracker). These ranged from a high of 92 index points for gross revenue to a low of 79 index points for both exams/refractions and contact lenses.

*The index baseline was developed by Jobson Research from total sales from an average week in 2019. This index baseline is equivalent to a score of 100. All other time periods going forward are calculated as a percent increase or decrease from the 100 baseline index of that period. This index is intended to show directional and magnitudinal change that the market is experiencing. Actual index scores are arbitrary meaning the baseline of 100 is simply used as a benchmark. Jobson Research shall not be held liable for any use or misuse of the data described and/or contained herein.

Please note that practices that use practice analytic systems tend to skew a bit larger and have higher revenue than practices that do not.

Source: GPN/EDGEPro and ABB Analyze contributed anonymous sales data used to determine gross revenue, exams/refractions, frame units, lens pairs, and contact lens boxes. Data was collected from approximately 1,500 independent eye care practices.

For more information from Jobson Research contact jwaller@jobson.com,

you may also reach out to GPN/EDGEPro and ABB Analyze directly.

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