All Financial results articles – Page 29
-
ArticleMarchon on track for a record year
Unlike other major players in the eyewear industry that are public listed, Marchon Eyewear is not publishing its results but Nicola Zotta, CEO of the U.S. eyewear manufacturer, agreed to share some information with Eyewear Intelligence on the company’s performance and projects. While Marchon was slowed down in 2020 by ...
-
ArticleWarby Parker releases sales and profit figures ahead of IPO
Warby Parker, the U.S. omnichannel retailer, announced last week that it has filed a registration with the Securities and Exchange Commission (SEC) for its future Initial Public Offering (IPO) on the New York stock exchange. The registration document, which can be found here, shows that, although its revenues grew quickly ...
-
ArticleFielmann sees Q2 sales surge, confirms FY outlook
Fielmann saw external sales in its second quarter, ended June 30, rise by 56 percent to €474.9 million and group sales jump 60 percent to €407.7 million. The retail group enjoyed growth in all major markets thanks to the ongoing rollout of its omnichannel platform, an economic recovery fueled by ...
-
News briefs
Alcon raises guidance after strong Q2
Alcon’s Q2 sales of contact lenses increased by 57 percent year-on-year and in constant currencies, reaching $535 million. The increase, which also represents a 8.5 percent hike as compared to the same period in 2019, was driven by the strong recovery of the U.S. market. The company commented that the ...
-
News briefs
National Vision to top $2 bn in annual revenues
National Vision, the U.S. optical retail group operating the entry-level segment of the market with its America’s Best and Eyeglass World banners, has upgraded its 2021 outlook again following a strong Q2. Quarterly revenues more than doubled to $549.5 million as compared to the same quarter in 2020, also representing ...
-
News briefs
Menicon vision care sales up 17% in Q2
The Japanese contact lens maker Menicon reported a 21.8 percent year-on-year increase in total Q1 revenues to 24,085 Japanese yen (€185.9m-$217.9m). As compared to 2019, sales went up by 16.8 percent. Quarterly revenues in the Vision Care division, which refers to contact lenses and lens care products and represents 95 ...
-
News briefs
Carl Zeiss Meditec revenues and margins up double-digit
Carl Zeiss Meditec reported revenues of €1,198 million for the first nine months of its 2020/21 financial year, growing by 23.8 percent year-on-year in reported terms and by 27.6 percent in constant currencies. As compared with the 2018/19 fiscal year, 9-month revenues were up by 16.6 percent. The growth was ...
-
ArticleGrandVision close to full Covid recovery in Q2
For its first results’ presentation since the takeover by EssilorLuxottica on July 1, GrandVision reported a strong rebound in both revenues and profits as compared to last year but fell short of returning to pre-pandemic levels. The recovery was driven by the easing of Covid-related restrictions in most countries, continuing ...
-
News briefs
Bausch + Lomb Q2 sales up 33%
Bausch Health reported a year-on-year increase of 38 percent to $934 million in quarterly revenues for its Bausch + Lomb (B + L) unit. In constant currencies, B + L Q2 sales grew by 33 percent from the same period in 2020. The unit’s revenue growth was driven by the ...
-
ArticleSafilo accelerates in Q2
Safilo Group confirmed its recovery during the presentation of its Q2 results that showed an acceleration in the company’s sales growth from the previous quarter, driven by the U.S. and China, Smith, its prescription eyewear business and e-commerce. The Italian company also significantly increased its operating profitability thanks to the ...
-
ArticleMarcolin on track towards full Covid recovery
Marcolin reported a strong sales recovery for the first six months of 2021 as compared to the same period last year, with an acceleration in Q2 that brought back the Italian group at pre-pandemic revenue level. The company also significantly improved its profitability ratios during the period. Total H1 sales ...
-
ArticleEssilorLuxottica delivers strong Q2
EssilorLuxottica reported total revenues of €4,709 million for the second quarter of its 2021 fiscal year, up 92.5 percent in reported terms and 103.1 percent at constant exchange rates as compared to 2020. Compared to the same period in the pre-Covid 2019 year, revenues increased by 9.2 percent in neutral ...
-
ArticleHoya returns to pre-Covid sales level in lenses
Hoya Corporation reported a 45 percent year-on-year increase in Q1 group revenues to 158.0 billion Japanese yen (€1,212m-$1,439m), confirming its rebound from the Covid-19 crisis with strong sales’ growth in both its Life Care and Information Technology segments. On a currency neutral basis, quarterly revenues grew by 39 percent as ...
-
ArticleKering Eyewear H1 sales top 2019 level by 22%
Kering Eyewear reported a 61.8 percent year-on-year jump in revenues and on comparable currency basis, reaching €383 million for the first half of its 2021 fiscal year. Deducting €57 million in royalties and intragroup sales, the company’s net contribution to the group’s H1 revenues totaled €326 million, up 69.8 percent ...
-
ArticleSun Hing turns a small profit despite 23% sales drop
Sun Hing Vision Group, the Hong Kong-based eyewear company, reported a 23.1 percent year-on-year drop in annual sales to 702 million HK dollars (€76.4 m-€90.3m) for its 2020/21 fiscal year as both its OEM and distribution business were significantly impacted by the Covid-19 pandemic. The OEM business’ segment sales, which ...
-
News briefs
J & J contact lenses’ sales up 53.4% in Q2
Johnson & Johnson reported a 56.7 percent year-on-year increase to $868 million in its global sales of contact lenses for the second quarter of the current financial year, or a 53.4 percent rebound in constant currencies. The strong growth was fueled by the Covid-19 market recovery, the launch of new ...
-
News briefs
JINS’ Q3 sales up 56%
The Japanese-based optical retailer JINS reported a 56.2 percent year-on-year increase in Q3 revenues, reaching total sales of 16,098 million yen (€124.1m-$146.4m). The domestic market, which accounts for roughly 80 percent of the company’s revenues, grew by 66.9 percent while the international market segment increased by 40.4 percent. Beyond the ...
-
ArticleFielmann business recovery accelerated in H1
The Fielmann retail group released preliminary figures for the first half of the current financial year during its annual general meeting on July 8. The company said that its business’ recovery accelerated in Q2 thanks to declining Covid-19 incidences on the optical market and to its ongoing internationalization and digitization ...
-
News briefs
Mister Spex reaches €826m valuation on first trading day
Mister Spex has completed its Initial Public Offering at the Frankfurt stock exchange by offering a total of a maximum 15 million shares at the price of €25 each on July 2. The offer included 9,782,609 new shares from a capital increase and 3,260,869 shares from existing shareholders. In addition, ...
-
ArticleAfflelou rebounds 3 % higher than in 2019
The Afflelou group reported revenues of €189.3 million for its third quarter and of € 618.1 million for the first nine months of its current financial year, representing year-on-year increases of 74.4 percent and 24.5 percent, respectively. The group highlighted that its total sales for the first nine months were ...
