All Financial results articles – Page 16
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News briefs
JINS upgrades 2022 forecast
The Japanese-based optical retail group JINS has reported a 3.1 percent year-on-year increase in Q1 revenues, reaching total sales of 15,275 million yen (€118.4m-$134.4m). The domestic market, which accounts for almost 80 percent of the company’s revenues, grew by 1.7 percent year-on-year, after a 14.6 percent drop in the previous ...
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ArticleSpecsavers profits doubled in Covid year
After having skipped the publication of its presentation last year at the time of the Covid outbreak, Specsavers has returned to disclosing the annual review of its business, however in a much less detailed format than before. For the financial year ended Feb. 28, 2021, the British-based retail group announced ...
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Preliminary figures show record year for Kits Eyewear
Kits Eyecare has released some preliminary figures for the fourth quarter and full year (ended on Dec. 31) of 2021. The vertically integrated, digital platform will be presenting final figures in March. As they stand, things look positive, with total eyeglasses delivered up by 150 percent to 50,000 for the ...
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TOG post sales and profit increases
The Thai Optical Group reported a 5.1 percent year-on-year increase in revenues for the third quarter of its current financial year, reaching 573 million baht (€15.2m-$17.1m). The company said that its Q3 sales increased in the Americas and EMEA regions but declined in Australia and Asia-Pacific due to the ongoing ...
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Afflelou Q1 sales up 9% vs. 2019, but down year-on-year
The Afflelou group reported network sales of €208.9 million for the quarter ended Oct. 31, down by 4.9 percent from the same period in the previous year, which was marked by an exceptional performance following the reopening of the group’s stores after the first lockdown in France. As compared to ...
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ArticleZEISS reports record revenues in anniversary year
ZEISS has reported record revenues of €7,529 billion for the fiscal year ending Sept. 30, 2021, with double-digit growths in all segments. The group topline grew by 19.6 percent as compared with the previous year, and by 17.1 percent versus the pre-Covid 2018/19 fiscal year. Over 90 percent of sales ...
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Record revenues for Carl Zeiss Meditec in 2020/21
Carl Zeiss Meditec posted record revenues of €1,647 million for its full 2020/21 fiscal year, growing by 23.3 percent year-on-year in reported terms and by 26.5 percent in constant currencies. The growth was driven by the Ophtalmic Devices unit where sales jumped by 29.8 percent year-on-year and at constant exchange ...
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ArticleEMEA rebound drove CooperVision in Q4
CooperVision has reported a 12 percent year-on-year increase in Q4 revenues to $564.8 million, an 11 percent hike at constant exchange rates. As compared to 2019, sales grew by 10.8 percent. Commenting on the quarterly results, Al White, CEO of CooperCompanies, noted that the revenue growth had been driven by ...
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ArticleSynsam growth driven by subscription plans
Publishing its first quarterly results since its listing at the Nasdaq Stockholm stock exchange at the end of October, the Swedish-based retailer Synsam has announced significant sales increases across the board and profitability improvements. Double-digit hikes in both organic and like-for-like sales, the expansion of the group’s stores network footprint ...
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ArticleAfflelou full year sales top 2019 level by 3%
The Afflelou group has reported a double-digit year-on-year increase in network sales for its fourth quarter and for the full year, as the business rebound across all regions was further boosted by a strong development in the hearing aid segment. Both quarterly and yearly sales’ figures stood above levels reported ...
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ArticleSunglasses and contact lenses drove Mister Spex’ growth in Q3
Mister Spex, the German-based omnichannel retailer, has reported a double-digit increase in Q3 sales as compared to the same period last year, however falling below its own growth expectations as the prescription glasses’ business, which accounts for about 80 percent of the group’s revenues, underperformed. Total quarterly revenues stood at ...
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Paris Miki dragged down by Japanese market in Q2
Paris Miki Holdings, the Japanese-based optical retail group, reported a 11.2 percent year-on-year drop in revenues to 11,494 million Japanese yen (€88.5m-$100.5m) for its second quarter, as a strong decline in its domestic market could not be offset by an improved performance overseas. As compared with 2019, total sales for ...
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ArticleKits Eyecare slows down in Q3
Kits Eyecare, the Canadian-based eyewear pure online retailer that we started to follow a few months ago, announced that it has reached a record number of 640,000 two-year active customers, up 41 percent from the same number last year. However, Kit’s revenue growth came to a halt in the last ...
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International and ortho-k drive Menicon’s growth
Menicon reported a 16.6 percent year-on-year increase in sales to 48.4 billion Japanese yen (€371m-$425m) for the first six months of the year. As compared to 2019, the Japanese contact lens maker revenues were up by 13.1 percent. Revenues in the Vision Care segment, which accounts for over 90 percent ...
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National Vision Q3 revenues up 20% versus 2019
National Vision reported net revenues of $518.0 million for its third quarter, up by 6.7 percent year-on-year and by 19.9 percent versus 2019. On an adjusted comparable store basis, the group’s revenues increased by 13.3 percent in Q3 as compared to the same period two years before. National Vision opened ...
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ArticleWarby Parker sees Q3 sales rise 32%, but remains in the red
Warby Parker, the omnichannel U.S. retailer, booked revenues of $137.4 million in the third quarter, up by 32.0 percent on the year earlier and 45 percent higher than the same period of 2019, but its bottom line remained in the red due to charges associated with its recent public listing ...
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ArticleFielmann reports 10% sales hike in Q3
The Fielmann Group reported a 10.0 percent revenue growth in Q3 as compared to the previous year, with total consolidated sales reaching €460.8 million, also up by 15.2 percent from the same quarter in 2019. Units sold increased by 3.6 percent to 2.17 million pairs of glasses, indicating a significant ...
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News briefs
Alcon sales of contact lenses up 8% in Q3
Alcon reported an 8 percent year-on-year increase in contact lenses sales to $562 million for the third quarter of the current financial year on a constant currency basis, also an 8 percent hike from Q3 2019 in reported terms. The company commented that the category benefitted from recovery effects in ...
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ArticleSafilo up 11% in Q3 versus 2019
Announcing its Q3 and 9-month results yesterday, Safilo reported a double-digit growth in comparable sales as compared to 2019, driven as in the previous quarters by the U.S. market but this time also by a partial recovery in Europe. The combined effect of the revenue increase and the ongoing progress ...
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ArticleCharmant Europe displays Japanese heritage and craft with new brand
Visitors at the recent Silmo eyewear trade fair in Paris were able to take a look for the first time at Charmant’s new house brand, Minamoto, just launched by the European subsidiary of the Japanese eyewear maker. Satoshi Otsuki, president of Charmant Europe, told us that Minamoto, which means “origin” ...
