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EssilorLuxottica Q3 2026 financial performance

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2026-10-24 14:01 UTC → 2026-10-25 00:22 UTC · added ~~removed~~

EssilorLuxottica reported third-quarter revenue of approximately €7.49 billion, marking a 9% increase compared to the previous year. This performance exceeded analyst expectations, which had projected growth between 6.2% and 6.3% at constant exchange rates. Growth was attributed to the core eyewear business, the direct-to-consumer arm—which saw sales rise 10.6% at constant currency—and the Eyecare & Medtech division. The wearables segment, including smart glasses and audio technology, grew by 20% to €486 million, though reports noted a slowdown in the sales of Ray-Ban smart glasses produced in collaboration with Meta. Geographically, the Asia-Pacific region experienced double-digit growth, while North American sales reached €3.2 billion, a 4.7% increase at constant exchange rates. Additionally, luxury licensed brands such as Chanel, Prada, and Miu Miu showed signs of recovery following a weaker second quarter. Following the announcement, the company’s stock saw a notable rise on the Paris exchange. This financial stability occurs within a global eyewear market characterized by significant consolidation, where major players such as EssilorLuxottica, Marcolin, and Safilo maintain substantial market influence.

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