All Financial results articles – Page 3
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ArticleStrong Q3 sales growth for Synsam despite Denmark subscriptions slump
Synsam Group revenue returned to double-digit growth in Q3 after a 6.9 percent hike in the previous quarter. Total quarterly sales rose by 11.0 percent year over year to 1,731 million Swedish crowns (€158m), driven by sharp increases in Sweden and Norway (see table). They were up by 12.4 percent ...
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Menicon Q2 vision care sales up 3% on higher supply and price increases
Menicon Q2 vision care unit’s revenue rose by 2.9 percent year on year to 29.1 billion Japanese yen (€162m), accelerating from the 0.6 percent growth reported for the previous quarter. The increase in growth pace was primarily driven by the daily contact lens segment where production bottlenecks are progressively easing. ...
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Vuzix highlights pipeline build-up after Q3 revenue drop
Vuzix has reported a 16.2 percent year-on-year drop in revenue to $1.2 million on lower smart glasses and related engineering services sales for the third quarter of fiscal 2025. The net loss in the period narrowed to $7.4 million from $9.2 million in 2024 thanks mostly to declines in selling, ...
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ArticleParis Miki main stakeholder to delist the company through an MBO
The tender offer by the founding family fund values the company at approximately 33 billion yen (€182m). The plan is to restructure the retailer’s domestic and overseas businesses after a decade of revenue stagnation and low or negative profit margins.
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ArticleMister Spex resumes store expansion as bottom line takes a lighter shade of red
Mister Spex’s top and bottom line remained on sharply diverging trajectories in Q3 as the embattled German-based retail group continued to execute the strategic turnaround plan it launched about one year ago. The quarter was also marked by the acquisition of four optical stores in Germany. Sales drop, ...
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ArticleAlcon Q3 CL sales grow 6%, sees STAAR deal as attractive but not essential
Alcon generated $707 million in contact lens sales in the third quarter ended Sept. 30, up by 6 percent compared to the year earlier, as growth was driven by product innovation and price increases, partially offset by declines in legacy products. At constant-currency rates, sales were up by 5 percent. ...
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Topcon Eye Care unit sales dropped in Q2
Sales at Topcon Corporation’s Eye Care division dropped by 10.2 percent to 17.9 billion Japanese yen (€100m) in the quarter ended Sept. 30, following a flattish performance in Q1. For the first six months of the fiscal year, the unit’s topline declined by 2.2 percent in reported terms and by ...
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ArticleWarby Parker moderates 2025 sales growth guidance, pitches 'third act' of innovation
Warby Parker said it was entering a “third act” of innovation through artificial intelligence, as it announced that it is also partnering with Samsung for smart glasses after revealing earlier this year that it is working with Google to bring intelligent eyewear to the market. “We believe that Samsung’s innovation ...
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News briefsAnother strong quarter at Kits
Kits Eyecare saw a 25.1 percent year-on-year boost in revenues to 52.4 million Canadian dollars (€32.2m) in the third quarter of FY 2025, ended on Sept. 30. Gross profit increased by 31.6 percent to CAD 18.1 million (€11.1m) in value and by 1.7 percentage points to 34.6 percent as a ...
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ArticleFielmann reports higher margins, 4% Q3 sales hike despite Germany slowdown
Fielmann Group consolidated sales amounted to €618 million in Q3, up 3.0 percent year on year and decelerating from the double-digit growth in H1, as its Shopko Optical business in the US has been integrated for more than one year into the group’s accounts. Various dynamics in Europe, ...
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ArticleNational Vision raises guidance again as sales momentum continues in Q3
National Vision raised its guidance for fiscal 2025 for the third time in as many quarters, as revenues from continuing operations in the third quarter increased by 7.9 percent compared to the year earlier to $487.3 million after rising by 7.7 percent in the second quarter and by 5.7 percent ...
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ArticleSafilo reports solid margin gains on mixed regional sales
Safilo Group Q3 sales declined by 2.1 percent to €220.8 million in reported terms, but they were up 2.3 percent at constant rates, in line with their pace during the first half of the year. The difference between the two ratios is explained primarily by the appreciation of the euro ...
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ArticleLenskart’s 240x earnings valuation raises some eyebrows
Indian eyewear retailer Lenskart’s IPO was oversubscribed 1.70 times after the second trading day, with institutional investors including Singapore’s government and Norway’s pension fund participating in a €710 million offering that values the company at €6.8 billion.
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Meta's Reality Labs almost doubles sales, remains deep in red ink
Revenue for Meta’s Reality Labs, which includes VR headsets and AI smart glasses, jumped by 74.0 percent year over year to $470 million in Q3. It was up 17.8 percent to $1,252 million for the first nine months of the year. During the earnings call, group CFO Susan ...
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ArticleHOYA reports fast topline growth but lower margins
HOYA Corporation has reported an 8.4 year-on-year increase to 113.2 billion Japanese yen (€634m) in Health Care revenue for the quarter ended Sept. 30 (Q2). At constant exchange rates, the unit’s revenue, which comprises the group’s eyeglass-lens and contact-lens businesses, was up by 6.3 percent versus Q2 FY2024-25. ...
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ArticleMarcolin posts strong Q3 ahead of VSP Vision takeover
Ahead of its planned acquisition by VSP Vision, Marcolin reported a 2.1 percent year-on-year hike in FY 2025 nine-month revenue, after a solid sales rebound in Q3, and slight margin improvements. Europe remains the main market and growth driver for the group, and the business in North America and Asia, ...
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ArticleBausch + Lomb Q3 contact lens sales rise by 8%, evaluates potential deal with Cooper
Bausch + Lomb reported contact lens sales of $272 million in the first quarter of 2025, up by a reported eight percent compared to the year earlier and six percent higher at constant currency ratee. Growth was underpinned by the company’s daily disposable silicon hydrogel lenses, which posted 24 percent ...
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EssilorLuxottica’s main investor Delfin sees profits double in 2024
Delfin, the investment company of Italy’s Del Vecchio family, and the largest shareholder in EssilorLuxottica, reported profits of €1.39 billion in 2024, up by 105 percent compared to the year earlier, according to Italian media reports. The increase came as Delfin’s dividends from its 32.2 percent stake in EssilorLuxottica, 28 ...
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ArticleKering reports progress in Q3, stresses eyewear is a core asset after beauty unit sale
French luxury group Kering’s eyewear division rebounded nicely in Q3 as sales grew mid-single digits. Addressing speculations that Kering Eyewear might be divested too, following the sale of the beauty business to L’Oréal, Kering management stressed that the unit is a “core” asset in the group’s strategy.
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ArticleEssilorLuxottica posts record growth in Q3 as wearables boom comes with side benefits
The eyewear giant posted its strongest quarterly revenue performance since the Essilor-Luxottica merger, with wearables contributing over 4 percentage points to growth and helping rebalance wholesale and retail divisions. Side benefits of the smart glasses boom include increased penetration of premium lenses and halo effect on the Ray-Ban brand. Subscription business in EMEA is going strong too.
