All Financial results articles – Page 28
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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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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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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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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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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” ...
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Bausch + Lomb's contact lenses sales up 6 % in Q3
Bausch Health has announced a 4 percent year-on-year hike in Q3 revenues for its Bausch + Lomb unit to $949 million. In constant currencies, quarterly sales were up by 3 percent as compared to the same period last year, primarily because of the positive impacts of the recovery from the ...
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ArticleMarcolin back to pre-Covid sales level in key markets
Marcolin has confirmed in Q3 its strong sales recovery since the start of this year, with nine-month revenues jumping by 42.8 percent year-on-year in reported terms to €336.6 million. At constant exchange rates, revenues were up by 47.5 percent as compared to 2021. The growth was driven by the American ...
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ArticleHoya Q2 sees sales of lenses inch up despite Covid-19 resurgence
Hoya Corporation saw revenues in the second quarter ended September 30 rise by 16 percent compared to the year earlier to 162.6 billion Japanese yen (€1,234.1m-$1,426.7m), with both Life Care and Information Technology segments continuing their recovery despite a resurgence of Covid-19 in some countries and regions. On a constant ...
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ArticleDTC and America drove EssilorLuxottica’s Q3 growth
Reporting its results for the first time since the integration of GrandVision business, consolidated in the accounts since July 1, EssilorLuxottica reported a 33 percent increase in Q3 revenues to €5,473 million as compared to 2019 and in constant currencies. On a comparable basis, total sales in the quarter for ...
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ArticleGrandVision reports 10% comparable Q3 growth vs. 2019
GrandVision reported a 2.0 percent year-on-year increase in Q3 revenues to €1,068 million, also representing a 2.3 percent hike as compared to the €1,045 million reported for the pre-pandemic 2019 year. However, on a comparable currency basis, the group’s total quarterly sales grew by 5.8 percent as compared to Q3 ...
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Inspecs maintains full-year outlook but cautious on supply chain issues
UK eyewear maker and distributor Inspecs Group maintained its full-year outlook as the positive start to the half year continued into the third quarter. However, it remained cautious over global supply-chain issues currently hampering the global economy. Bath-based Inspecs said revenue in the nine months to September 30 came in ...
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ArticleJINS revenues up 6% for the year, in spite of Q4 drop
JINS Holdings, the Japanese-based retail group, reported a 12.4 percent year-on-year drop in quarterly sales for the last quarter of its financial year ended Aug. 31. The Q4 topline figure declined to 16.2 billion Japanese yen (€122m-$142m) versus Q4 2019, in stark contrast with the 56.2 percent year-on-year jump reported ...
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ArticleSolid growth for Kering Eyewear in Q3
Kering Eyewear reported total revenues of €168 million for the third quarter of its current fiscal year. Corrected from royalties and intragroup operations, Q3 consolidated sales stood at €138 million, representing a 25 percent increase from the same period last year, and also significantly higher than the €100 million reported ...
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J & J sales of contact lenses up 6% in Q3
Johnson & Johnson reported a 6.2 percent year-on-year increase to $882 million in its global sales of contact lenses for the third quarter of the current financial year, or 6.4 up at constant exchange rates, however still below $893 million revenue for the segment registered in Q3 2019. The quarterly ...
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ArticleItalia Independent H1 sales jump, losses narrow
The Italia Independent Group saw sales in the first half ended June 30 jump by 272.4 percent compared to the year earlier to reach €9.1 million, as business rebounded and losses narrowed after the company took a hit from Covid-19 lockdowns and the loss of wholesale business due to the ...
