EssilorLuxottica Sales Climb as Smartglasses Demand Lifts Results
EssilorLuxottica reported third-quarter revenue of 7.49 billion euros, up 7.2% excluding currency effects. Smartglasses sales built with Meta rose 20%.
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what happened
According to Dow Jones Newswires, EssilorLuxottica, the maker of Ray-Ban and Oakley glasses, said its sales grew in the third quarter. Revenue reached 7.49 billion euros (about $8.40 billion) for the three months through September, a 7.2% rise from a year earlier excluding currency movements. That was slower than the 8.7% gain in the second quarter, but above the Visible Alpha consensus of 7.37 billion euros.
Sales of AI-powered smartglasses made with Meta Platforms climbed 20%. The company confirmed its five-year guidance of solid total revenue growth and broadly aligned increases in adjusted operating profit, but did not provide numerical targets.
why it matters
Revenue beat analyst expectations, which supports the stock amid fragile consumer sentiment. Investors are watching the smartglasses segment, which is growing faster than the core business and ties the company closely to Meta Platforms.
market impact
EssilorLuxottica and Meta: revenue beat and smartglasses growth support interest in the shares
tags
instruments
sources
- Ray-Ban Maker EssilorLuxottica's Sales Rise, Buoyed by Smartglasses — Dow Jones Newswires, 20 October 2026 at 16:29 UTC
- Ray-Ban Maker EssilorLuxottica's Sales Rise, Buoyed by Smartglasses — Dow Jones Newswires, 20 October 2026 at 16:44 UTC
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