All Financial results articles
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ArticleEssilux topline still up double digits in Q1 despite wholesale slowdown
EssilorLuxottica reported Q1 sales up 4.1 percent year on year to €7,127 million, or 10.8 percent at constant exchange rates, with the gap largely reflecting the weaker US dollar against the euro in recent months. “With the third consecutive quarter of double-digit growth, we once again demonstrate the strength and ...
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J&J contact lens sales rise 5.5% in Q1
Johnson & Johnson reported contact lens sales totaling $969 million in the first quarter of 2026, up by a reported 5.5 percent and 2.7 percent higher at constant currency growth, as growth was fueled by the continued strong performance of the Acuvue-Oasys 1-Day family of products and strategic pricing actions. ...
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ArticleEyewear remains 'highly attractive and reliable growth engine' for Kering
Kering Eyewear quarterly revenue reached a record high of €489 million in Q1, growing by 3 percent year on year or by 7 percent on a comparable basis. The performance marks a significant acceleration from Q4 2025 when sales declined by 2 percent (+3 percent in comparable terms). Kering said ...
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LVMH Fashion & Leather Goods unit down 2% organically in Q1
French-based luxury group LVMH has reported a 9 percent year-on-year decline in Q1 revenue to €9.3 billion for its Fashion & Leather Goods unit. Sales were down by 2 percent on an organic basis. The division, which includes Thélios, the group’s eyewear subsidiary, was particularly impacted by the war in ...
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ArticleJINS finds “second growth engine” overseas as domestic business disappoints
JINS HOLDINGS lowered its full-year outlook for fiscal 2025/26 (ending Aug. 31) after first-half results showed a mixed performance: double-digit revenue growth but a sharp drop in domestic profitability. Full-year revenue is now expected to grow 13.5% year on year to ¥110.3 billion (€591m), down from a previously forecast 14.9% ...
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ArticleChinese smart glasses firms eye IPOs in race with big tech
Prominent Chinese smart glasses companies are increasingly turning to the stock market to fund their growth in a fast-moving, highly competitive sector. Beijing-based XREAL filed for an Initial Public Offering (IPO) in Hong Kong earlier this month, while Rokid, based in Hangzhou, is reportedly considering the same move. According to ...
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Titan Company Q4 eyewear sales up 16 percent despite fewer stores
Reporting preliminary results, Indian luxury retail group Titan Company said that its Q4 revenue rose by 42 percent year over year, driven by a 46 percent jump in sales from its jewelry unit. Eyewear sales were up 16 percent year on year in the quarter, in line with the previous ...
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ArticleIs Gentle Monster running out of steam?
Financial filings by iiCombined for fiscal 2025 show that Gentle Monster’s growth trajectory came to a sudden halt last year, as total revenue declined by 2.1 percent year on year to 772.3 billion Korean won (€449m). This is a sharp contrast to the 29.7 percent growth reported for the previous ...
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ArticleiVision Tech sees eyewear sales steadying as looks to smart glasses for growth
iVision Tech expects eyewear sales to steady this year after declining in 2025, when difficulties facing luxury goods companies had a knock-on effect on the sector, said Stefano Fulchir, CEO of the company. As 2026 gets underway, iVision Tech has seen a decline in eyewear sales volumes but is producing ...
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ArticleKRYS GROUP grows market share, launches own smart eyewear brand
KRYS GROUP has reported a 4.9 percent year‑on‑year increase in optical sales to €1,457 million (including VAT) for 2025. The company stressed that it has thus consolidated its leadership position in France, lifting its market share to a record high 18.8 percent (see table). It calculates that the French optical ...
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ArticleConant Optical reports higher margins, XR plans progress
Conant Optical’s revenue increased by 5.6 percent year on year to RMB 2,186.0 million (€275.1m) in FY 2025, expanding at a slower pace in the second half compared with the 11.0 percent growth in the first half. Geographically, all key markets reported sales increases except the Other Asias segment, where ...
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ArticleMister Spex turnaround plan yields higher margins but break-even still distant
Quality over quantity, offline over online, premium prescription eyewear over sunglasses and Germany over international markets; the shift in priorities introduced in the summer of 2024 by the new management team has started to pay off in 2025 with significant margin improvements, Mister Spex stressed in its full-year financial results ...
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Innovative Eyewear reports sales jump but remains largely in the red
Innovative Eyewear, the Florida-based audio glasses company, has reported a 63 percent year-on-year jump in revenue to $2.7 million in fiscal 2025. The momentum was driven by Lucyd Armor, the company’s smart safety glasses house brand, which accounted for approximately half of volumes sold. Innovative Eyewear also develops audio glasses under license from Authentic Brands Group (Reebok, Nautica, Eddie Bauer). The ...
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ArticleAFFLELOU slows down in Q2
AFFLELOU GROUP network sales increased by 2.5 percent to €244.9 million in Q2 FY2026, decelerating from the 5 percent growth reported for the first quarter and for FY2024. All markets, France, Spain and Other Countries saw their growth pace roughly halved quarter on quarter. The franchisor group ended ...
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ArticleCECOP celebrates 30th anniversary with 7% growth in 2025
Spanish-based optical buying group CECOP celebrated its 30th anniversary on Feb. 28 and March 1 during its annual EXPOCECOP event, where it brought together 170 of its 6,000 members. The company operates in 6 countries with at least 1,000 members in all markets but Italy and Portugal (see table). ...
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ArticleJEH maintains top level margins despite 'inbound' business slowdown in Q4
Japanese Eyewear Holdings (JEH) revenue increased by 14.2 percent year-on-year to 5.2 billion Japanese yen (€29m) in the fourth quarter of fiscal 2026/1, ended Jan. 31. The momentum was driven by Kaneko Optical (+20.0 percent), the group’s main retail banner, while growth was more subdued at 999.9 (4.1 percent). “Inbound” ...
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ArticleVuzix books modest revenue recovery as cash reserves dwindle
Smart-glasses and waveguides manufacturer Vuzix has reported a 9 percent rise in full-year revenue to $6.3 million for 2025 – an apparent stabilization after the drop from 2023 to 2024 of $12.1 to $5.7 million. That more-than-halving resulted largely from unrenewed orders (for Vuzix’s M400 smart glasses) from two major ...
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ArticleSafilo comments FY 2025 solid performance, M&A targets
Confirming preliminary results released at the end of January, Safilo Group announced yesterday that its Q4 revenue declined by 4.6 percent to €225 million. At constant exchange rates, the topline inched up by 0.4 percent, with both North America and Europe growing at a low single-digit margin rate (see table). ...
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ArticleCooper reports 3% CL sales hike, higher margins in Q1
CooperVision (CVI) revenue rose by 7.6 percent year on year to $695.1 million in Q1 2026, corresponding to a 3 percent increase in constant currencies, in line with Q4 2025. By modality and on an organic basis, toric and multifocal contact lenses were up by 6 percent, spheres by 1 ...
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ArticleNational Vision sees adjusted comp sales rising 3-6% as product mix, customer shift continues
National Vision said it expects adjusted comparable sales to rise by 3-6 percent in 2026, as it pointed to success in efforts to increase the share of premium eyewear in its product mix and attract a growing number of managed care and other more profitable customers. The US optical retailer ...
