The latest financial results and analysis from the key players in the eyewear industry.
Warby Parker upgrades outlook after strong Q2, ends home try-on service as door count hits 300
Three months after having revised its full-year outlook slightly down due to the US tariffs uncertainty, Warby Parker has just amended it upward, slightly again, following a solid Q2 performance with accelerated growth and higher profitability. The DTC eyewear brand is now expecting sales of $880 million to $888 million ...
Price hikes, sales mix boost National Vision in Q2, largely offsetting slightly lower consumer traffic
National Vision raised its guidance for fiscal 2025 for the second consecutive quarter after its Q2 revenue from continuing operations increased by 7.7 percent year-on-year to $486.4 million, accelerating significantly from Q1 (+5.7 percent).
HOYA posts 11% hike in Q1 eyeglass lens revenue, discusses smart glasses strategy
HOYA Corporation’s Life Care business unit sales rose by 1.7 percent year on year to 137.2 billion Japanese yen (€803m) for the first quarter of fiscal 2025-26, ended June 30. At constant exchange rates, the division’s revenue was up by 6.4 percent versus Q1 2024-26 driven by sales of eyeglass ...
Safilo Group topline slightly down but margins reach record highs
Safilo Group’s Q2 revenue declined by 1.1 percent year on year to €251.9 million, but it was up 2.3 percent in constant currencies with the differential mainly reflecting the 5 percent depreciation of the US dollar against the euro. Half-year revenue amounted to €537.6 million, also down 1.1 percent in ...
Marcolin maintains margins on flattish sales as EMEA becomes sole growth engine
Marcolin revenue for the second quarter of fiscal 2025 declined by 2.4 percent year on year in reported terms to €148.4 million as a continuous solid performance in the EMEA market could not offset declines in other regions, we have calculated from the company’s H1 and Q1 data.
Lenskart files for IPO, acquires a Spanish DTC sunglass brand
Lenskart’s long-rumored initial public offering (IPO) is one big step closer to becoming a reality as the Indian-based optical retailer group has just filed its so-called draft red herring prospectus with the Securities and Exchange Board of India (SEBI). The 761-page document is now available on the group’s corporate website.
Kering reports flattish Q2 sales and slightly lower H1 margins for Kering Eyewear
Half-year results announced yesterday by Kering confirmed Kering Eyewear’s growth pace slowdown as well as the company’s slight profitability deterioration already seen in fiscal 2024. Nonetheless, the eyewear unit remains a relative bright spot for the French luxury group, whose revenue and operating income kept declining at a fast double-digit ...
Essilux maintains strong topline growth in H1 but tariffs and wearables slightly dilute margins
EssilorLuxottica revenue amounted to €7,175 million in Q2, up 7.3 percent year on year at constant exchange rates and exactly in line with the group’s Q1 performance. In reported terms, however, the topline rose by 3.2 percent in the quarter, decelerating from the 8.1 percent growth pace in Q1, mainly ...
Lenskart revenues up 17% for FY25
Optical retailer Lenskart, of India, generated revenues of about 6,415 crore Indian rupees (€633m) for its financial year 2025, ended in March. This represents a year-on-year increase of about 17 percent – less than the 43 percent increase from FY23 to FY24, when operating revenue was Rs 5,610 crore (€554m).
10% CAGR forecast to bring Fielmann’s topline up to €4bn by 2030
Fielmann Group’s consolidated sales for the first six months of 2025 were up 12 percent year on year to €1.2 billion, in line with the growth pace reported for Q1. The company also stressed that its adjusted Ebitda increased disproportionally to €290 million (+26 percent), resulting in a 2.2 percentage ...
