All Financial results articles – Page 3
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ArticleHakim Group increased door count by over 30% in 2024
Hakim Group, the largest player in the independent optical retail channel in the UK and Ireland, accelerated its network expansion in 2024 with the acquisition of 65 companies for a total of 121 practices versus 75 in the previous year. The acceleration in 2024 was partly driven by the capital ...
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ArticleiVision Tech steps up smart glass rollout
Italian eyewear supplier iVision Tech announced plans to step up the rollout of smart glasses in the fourth quarter with the launch of sales of both HJ Tech brand and white-label smart glasses, which mostly incorporate audio functionalities, and to expand distribution and marketing efforts for its iSee smart glasses ...
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News briefsArmani’s licenses as big and much more profitable than its core fashion business
Filings by Armani to Italian authorities show that sales of the group’s cosmetics and eyewear products, licensed to L’Oréal and EssilorLuxottica respectively, amounted to approximately €2 billion last year, almost as much as the luxury fashion company’s total revenue, reported at €2.3 billion in an article by Reuters last week. ...
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ArticleInspecs posts weak H1 results, appoints new non-executive Chair
Releasing detailed results for its business in H1 2025, INSPECS Group confirmed that its revenue declined by 3.0 percent year on year to £97.6 million (€112.4m) in the period, as communicated in the group’s trading update last month. At constant exchange rates, H1 sales declined by 1.3 percent. These results ...
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ArticleJEH slows down as inbound tourists’ buying spree subsides
JEH Holdings, the Japanese-based operator of the Kaneko Optical and 999.9 optical retail chains, has reported a 6.9 percent increase in sales to 4.7 billion Japanese yen (€27m) for the quarter ended July 31, confirming the company’s slowdown in recent months. Sales for the first six months of FY 2026 ...
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ArticleArts Optical hit by US tariffs double whammy in H1
Arts Optical’s bottom line swung to red ink in the first half of fiscal 2025 as the Hong Kong-based eyewear manufacturer faced strong headwinds in its Original Design Manufacturing (ODM) division where sales dropped double-digits in key markets. Necessary adjustments to changing US trade tariffs, in terms of production and ...
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ArticleFielmann enters new HQ on a strong footing
Fielmann Group has confirmed that its consolidated sales for the first half of 2025 increased by 12.3 percent to €1,224 million, in line with the preliminary results announced in July together with the company’s 2030 strategic plan. We focus in this article on the new financial information released by the ...
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ArticleAll eyes on margins at Mister Spex as sales nosedive
Mister Spex revenue dropped by 21.7 percent to €52.9 million in Q2 2025, sharply accelerating its fall from the previous quarter (-12.5 percent). “The decline in revenue is the result of a deliberate strategic choice to prioritize profitability and cost efficiency over pure volume growth,” Mister Spex wrote in its ...
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ArticleCooperVision slows down in Q3 despite strong EMEA showing
CooperCompanies has reported a 6 percent year-over-year increase in Q3 revenue to $716.4 million for its CooperVision (CVI) business. In constant currencies, CVI sales were up by 2 percent in the quarter, below the company’s expectations and slowing down sharply from the 7 percent growth reported for the previous quarter. ...
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ArticleMixed results in Q2 for Synsam Group
Synsam Group Q2 revenue increased by 6.9 percent year on year to 1,841 million Swedish crowns (€165m), slowing down sharply from the 12.3 percent growth reported in the previous quarter. The deceleration was mostly attributable to the group’s business in Denmark that is increasingly impacted by consumer credit regulation changes. ...
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ArticleAlcon’s contact lens sales jump 9% in Q2
Alcon reported contact lens sales of $692 million in the second quarter of 2025, up by 9 percent compared to the year earlier, as top line growth continued to be driven by product innovation and price increases. At constant currency rates, sales were up by 7 percent. David Endicott, CEO, ...
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News briefs
Paris Miki Q1 sales down 2.0 % as customer base shrinks faster than prices increase
Paris Miki reported a 1.9 percent year-on-year decline in sales to 12.5 billion Japanese yen (€73m) for the first quarter of its new fiscal year started on April 30, 2025. Sales were down by 1.3 percent in Japan, which account for almost 90 percent of total revenue, and by 7.0 ...
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ArticleConant reports 11% sales hike in H1, invests in automated lines and smart eyewear lenses
Conant Optical has reported an 11.1 percent year-on-year increase in H1 revenue to RMB 1,084 million (€130m), slowing down from fiscal 2024 (+17.7 percent). In volume, the Chinese lens manufacturer shipped 93 million pieces in the period, up 7.5 percent from H1 2024. The topline expansion was driven by Asia ...
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News briefs
Vuzix counts on AI/AR convergence in smart glasses to take off
Vuzix Q2 revenue was up by 19 percent year on year to $1.3 million, driven by increased sales of its M400 smart glasses. Net loss for the period amounted to $7.7 million, down significantly from $40.7 million a year before, in part thanks to the continued implementation of cost control ...
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News briefs
US tariffs, currency headwinds weigh heavily on TOG’s Q2 performance
Thai Optical Group (TOG) revenue dropped by 8.2 percent year on year to 877 million thai bath (€23.2m) in Q2, with all key markets reporting declining sales. Sales in North America and EMEA were down by 2.3 percent versus Q2 2023, while steeper declines were reported for Asia-Pacific (-23.3 percent) ...
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News briefs
Mitsui sees firm demand for vision care materials continue
Mitsui Chemicals’ Life & Healthcare Solutions division reported Q1 sales of 56.3 billion Japanese yen (€327m), down by 0.3 percent from the same quarter last year due in part to currency headwinds. The division includes the Japanese group’s vision care materials along with other product categories such as oral care ...
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News briefs
Menicon flattish in Q1 as dailies sales uptick offsets orho-k slump
Menicon vision care sales inched up by 0.6 percent year on year to 30.2 billion Japanese yen (€176m) in the first quarter of the company’s FY2025-26, as a good performance in the daily contact lenses category offset a double-digit drop in ortho-k revenue. In constant currencies, the division’s topline was ...
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News briefs
Carl Zeiss Meditec Q3 revenue up 3.5%, but US tariffs and dollar pinch
Carl Zeiss Meditec consolidated revenue for the quarter ended June 30 (Q3) increased by 1.9 percent year on year to €549.6 million, or by 3.5 percent at constant exchange rates. Q3 revenue from the Ophthalmology unit inched up by 1.6 percent at constant rates to €442.9 million while Microsurgery sales ...
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News briefs
Higher average ticket sales drive Zoff’s double-digit topline growth
Japanese retail group Zoff H1 revenue amounted to 24.0 billion yen (€140m), up 10.1 percent from the previous year. Domestic sales, which account for 98 percent of the group’s total business, rose at the same pace, while the marginal overseas revenue was up 7.0 percent. In Q2, total sales increased ...
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ArticleWarby Parker upgrades outlook after strong Q2, ends home try-on service as door count hits 300
Three months after having revised its full-year outlook slightly down due to the US tariffs uncertainty, Warby Parker has just amended it upward, slightly again, following a solid Q2 performance with accelerated growth and higher profitability. The DTC eyewear brand is now expecting sales of $880 million to $888 million ...
