All Financial results articles
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ArticleFast-growing Lenskart sees huge whitespace in domestic market
The Indian eyewear retailer’s shares gained ground after reporting robust quarterly performance across key metrics, with revenue growth of 23.9% and improved profitability following its IPO debut last month.
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News briefs
The Platform Group reports first Optics & Hearing unit results
The Platform Group (TPG), the German-based e-commerce software group, has reported €4.9 million in revenue and an EBITDA margin of 26.1 percent for its brand new Optics & Hearing unit in Q3. TPG notes that the results only include parts of the 30+ optical stores acquired since the start of ...
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ArticleNational Vision outlines path to high-single-digit sales growth, margin expansion
National Vision announced plans for high-single-digit sales growth in each of the five years through fiscal year 2030, as it looks to further broaden its focus beyond its traditional cash-paying customer, increase the share of premium products and open 240 new stores. Comparable sales are seen increasing at a mid-single-digit ...
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News briefs
iVision Tech 9M sales rise 14% as lens sales jump, eyewear sales slip
iVision Tech saw group sales in the first nine months of 2025 rise by 14.2 percent compared to the year earlier to €10.7 million, as top line growth continued to be supported by recent acquisitions. Revenues from eyewear sales decreased by 29 percent to €5.7 million although lens sales jumped ...
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ArticleInspecs takeover talks extended with current highest bid at £85m
Private equity seems to have an edge in the negotiations but Safilo is reviewing its options. The UK-based eyewear group has also announced a trading update that forecasts a 4 percent decline in annual revenue.
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ArticleAfflelou network sales up 5% in FY2025
Network sales were up mid-single digits in France and Spain, the retailer’s two key markets. Margins also progressed year over year despite increasing and substantial debt-related costs.
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News briefs
Zoff topline jumps by 21% in Q3
Zoff revenue jumped by 21.2 percent year on year in Q3 to 14.4 billion Japanese yen (€79m), more than doubling in growth pace from the 10.1 percent increase reported for H1. The Japanese-based retail group saw its topline progress by 14.0 percent to ¥38.3 billion (€211m) in the first nine ...
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ArticleStrong Q3 sales growth for Synsam despite Denmark subscriptions slump
Synsam Group revenue returned to double-digit growth in Q3 after a 6.9 percent hike in the previous quarter. Total quarterly sales rose by 11.0 percent year over year to 1,731 million Swedish crowns (€158m), driven by sharp increases in Sweden and Norway (see table). They were up by 12.4 percent ...
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News briefs
Vuzix highlights pipeline build-up after Q3 revenue drop
Vuzix has reported a 16.2 percent year-on-year drop in revenue to $1.2 million on lower smart glasses and related engineering services sales for the third quarter of fiscal 2025. The net loss in the period narrowed to $7.4 million from $9.2 million in 2024 thanks mostly to declines in selling, ...
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News briefs
Menicon Q2 vision care sales up 3% on higher supply and price increases
Menicon Q2 vision care unit’s revenue rose by 2.9 percent year on year to 29.1 billion Japanese yen (€162m), accelerating from the 0.6 percent growth reported for the previous quarter. The increase in growth pace was primarily driven by the daily contact lens segment where production bottlenecks are progressively easing. ...
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ArticleParis Miki main stakeholder to delist the company through an MBO
The tender offer by the founding family fund values the company at approximately 33 billion yen (€182m). The plan is to restructure the retailer’s domestic and overseas businesses after a decade of revenue stagnation and low or negative profit margins.
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ArticleMister Spex resumes store expansion as bottom line takes a lighter shade of red
Mister Spex’s top and bottom line remained on sharply diverging trajectories in Q3 as the embattled German-based retail group continued to execute the strategic turnaround plan it launched about one year ago. The quarter was also marked by the acquisition of four optical stores in Germany. Sales drop, ...
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ArticleAlcon Q3 CL sales grow 6%, sees STAAR deal as attractive but not essential
Alcon generated $707 million in contact lens sales in the third quarter ended Sept. 30, up by 6 percent compared to the year earlier, as growth was driven by product innovation and price increases, partially offset by declines in legacy products. At constant-currency rates, sales were up by 5 percent. ...
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News briefs
Topcon Eye Care unit sales dropped in Q2
Sales at Topcon Corporation’s Eye Care division dropped by 10.2 percent to 17.9 billion Japanese yen (€100m) in the quarter ended Sept. 30, following a flattish performance in Q1. For the first six months of the fiscal year, the unit’s topline declined by 2.2 percent in reported terms and by ...
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ArticleWarby Parker moderates 2025 sales growth guidance, pitches 'third act' of innovation
Warby Parker said it was entering a “third act” of innovation through artificial intelligence, as it announced that it is also partnering with Samsung for smart glasses after revealing earlier this year that it is working with Google to bring intelligent eyewear to the market. “We believe that Samsung’s innovation ...
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News briefsAnother strong quarter at Kits
Kits Eyecare saw a 25.1 percent year-on-year boost in revenues to 52.4 million Canadian dollars (€32.2m) in the third quarter of FY 2025, ended on Sept. 30. Gross profit increased by 31.6 percent to CAD 18.1 million (€11.1m) in value and by 1.7 percentage points to 34.6 percent as a ...
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ArticleFielmann reports higher margins, 4% Q3 sales hike despite Germany slowdown
Fielmann Group consolidated sales amounted to €618 million in Q3, up 3.0 percent year on year and decelerating from the double-digit growth in H1, as its Shopko Optical business in the US has been integrated for more than one year into the group’s accounts. Various dynamics in Europe, ...
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ArticleNational Vision raises guidance again as sales momentum continues in Q3
National Vision raised its guidance for fiscal 2025 for the third time in as many quarters, as revenues from continuing operations in the third quarter increased by 7.9 percent compared to the year earlier to $487.3 million after rising by 7.7 percent in the second quarter and by 5.7 percent ...
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ArticleSafilo reports solid margin gains on mixed regional sales
Safilo Group Q3 sales declined by 2.1 percent to €220.8 million in reported terms, but they were up 2.3 percent at constant rates, in line with their pace during the first half of the year. The difference between the two ratios is explained primarily by the appreciation of the euro ...
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ArticleLenskart’s 240x earnings valuation raises some eyebrows
Indian eyewear retailer Lenskart’s IPO was oversubscribed 1.70 times after the second trading day, with institutional investors including Singapore’s government and Norway’s pension fund participating in a €710 million offering that values the company at €6.8 billion.
