All Financial results articles – Page 24
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News briefs
Zeiss Consumer Markets business up 3 % in H1
The Zeiss Group has announced an 18 percent year-on-year revenue increase to €4,836 million for the first half of its fiscal year, with all business units growing. The topline increase was largely driven by the group’s semiconductor business where sales jumped by 41 percent versus H1 2021-22. Revenue from the ...
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ArticleMenicon driven by dailies, ortho-k, overseas and currencies in FY2022
Japanese-based contact lens maker Menicon has reported positive full year results for its fiscal year ended March 31, with a double-digit increase in group revenue versus 2021 and a slight improvement in operating profit margin. The overseas markets, notably in the orthokeratology segment, higher sales of daily disposable lenses in ...
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National Vision posts Q1 revenue increase but margins still down
National Vision has reported its first quarterly revenue increase in more than a year as group sales increased by 6.6 percent year-on-year to $562.4 million in Q1 2023. On a comparable-store basis, sales went up by 3.0 percent versus Q1 2022. Profitability remained however under pressure as the higher eyeglass ...
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ArticleGermany and prescription frames drove Mister Spex’ growth in Q1
Mister Spex has reported a 6 percent year-on-year increase in revenue to €51 million for the first quarter of 2023. The growth was fully attributable to Germany where sales grew by 12 percent to €38 million, thanks notably to the reallocation of marketing investments on the domestic market as part ...
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Vuzix bullish about smart eyewear adoption by fashion glasses brands
Presenting its Q1 financial results earlier this week, smart glasses manufacturer Vuzix gave an update on the development of its Vuzix Ultralite OEM platform which the company said had an array of customers lining up, across different sectors. These include fashion glasses companies but also companies in the sporting goods, ...
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Kits Eyecare sales up 38 percent in Q1
Canadian-based online retailer KITS Eyecare has announced a 38 percent year-on-year revenue increase to $27.7 million for Q1 2024. The company said that the growth was driven by an increase in eyeglasses shipments, up 46 percent to 67,000 pairs, and strong repeat customer revenue, which rose 19 percent to $16.6 ...
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Alcon sees 14% jump in Q1 contact lens sales, expands Plastic Bank partnership
Alcon generated contact lens sales of $615 million in the first quarter ended March 31, up by 14 percent on a constant currency basis compared to the year earlier, reflecting the continued strong performance of silicone hydrogel contact lenses, including the Precision1 and Total product families, alongside price increases. Reported ...
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ArticleHOYA Life Care unit posts strong sales and margin increases in Q4
HOYA Corporation has announced record-high quarterly revenue as the Japanese-based group’s topline progressed by 10 percent year-on-year to 185.8 billion yen (€1,264 m) in the last quarter of the financial year ended on March 31. In constant currencies, total sales were up by 3 percent. The overall revenue increase was ...
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ArticleWarby Parker confirms 2023 guidance after Q1 sales jump 12%
Warby Parker posted revenues in the first quarter ended March 31 of $172.0 million, up by 12.2 percent compared to the year earlier and above a guidance range of $164 million to $167 million. Active customers in the period increased by 2.5 percent to 2.29 million, while average revenues per ...
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HOYA reports strong Q4
Hoya Corporation released earlier today its financial results for Q4 and the full year at the end of March 31. Revenue from the Life Care business unit jumped by 18 percent year-on-year in Q4 to 125 billion Japanese yen (€839 m), an increase of 11 percent at constant exchange rates. ...
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ArticleGrowth in Europe and RoW offset declining U.S. sales for Safilo in Q1
Safilo Group has reported mixed results for the first quarter of 2023 as revenue increases in Europe and emerging markets were offset by declining sales in North America, the company’s largest market. Operating profits remained stable year-on-year. As shown in our table below, total quarterly revenue reached €287 million, down ...
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Bausch + Lomb reports 5% increase in Q1 contact lens sales
Bausch + Lomb generated first quarter sales of its contact lenses totaling $226 million, up by a reported five percent compared to the year earlier and 10 percent higher at constant exchange rates. Growth was underpinned by strong sales of the Infuse/Ultra One Day daily disposable silicone hydrogel contact lenses ...
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ArticleGood year overall for Marcolin but debt cost dampens profitability, sales momentum confirmed in Q1
Following the announcement of its preliminary results at the end of March, the Marcolin group released more detailed information on its performance in the last year during its shareholders’ meeting at the end of last week. The company confirmed a 20.2 percent year-on-year jump in reported revenue to €547.3 million ...
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ArticleFielmann draws path to 2025 revenue and profit targets
Along with the publication of positive Q1 results (see our other article), Marc Fielmann, CEO of the Fielmann Group, presented yesterday during a press conference the key figures for the retailer’s business in 2022, its outlook for 2023 and an update on its Vision 2025 strategic plan. As already reported ...
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ArticleFielmann sees 15% topline growth, improved profitability in Q1
The Fielmann Group has reported a solid rebound in revenue for the first quarter of 2023 as sales increased at double-digit rates across all market. The results were presented at a press conference yesterday where Marc Fielmann, CEO, and Alexander Zeiss, CFO, also gave an update on the retailer’s Vision ...
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ArticleMaui Jim integration adds to Kering Eyewear 11% comparable growth for a strong Q1
As expected following the integration of the Maui Jim business into the company’s results since October last year, Kering Eyewear revenue jumped by 44 percent year-on-year in the first quarter of 2023 to €433 million. On a comparable scope basis, the eyewear unit of the French luxury group posted a ...
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News briefs
Good results for Conant in 2022
Chinese lens manufacturer Conant Optical has announced a 15.1 percent year-on-year revenue increase to RMB 1,561 million (€206 m) in 2022. The growth was primarily driven by an increase in volumes with 151 million pieces sold last year, versus 135 million in 2021, as well as by currency headwinds thanks ...
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ArticleEssilux picks up speed in Q1, progresses on GV integration
After the group reported a relative deceleration in topline growth for the last quarter of 2022 two months ago, EssilorLuxottica has announced a sharp uptick in sales for Q1 2023 with group revenue increasing by 9.7 percent year-on-year to €6,151 million. At constant exchange rates, sales were up by 8.6 ...
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Carl Zeiss Meditec adjusts profit outlook slightly down
Carl Zeiss Meditec Q2 revenues increased by 13.2 percent year-on-year to €504 million but the company’s operating profit (EBIT) for the period went down to €84 million, versus €103 million for Q2 2021. For the first half of the fiscal year, EBIT went down by 18.8 percent to €144 million. ...
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News briefs
Johnson & Johnson Q1 contact lens sales rise 4.7%
Johnson & Johnson generated contact lens sales of $953 million in the first quarter of 2023, up by a reported 4.7 percent compared to the year earlier and 9.3 percent higher at constant currency rates. The company attributed growth to the market, a continued strong performance in the Acuvue Oasys ...
