All Financial results articles – Page 5
-
News briefs
TOG reports 7% topline hike in Q1, plans strategy adjustments to reduce US market dependency
Thai Optical Group has reported total revenue from sales and services of 899 million thai baht for the first quarter of fiscal 2025, up by 6.6 percent year over year. The topline progression was primarily driven by a 21.6 percent sales increase to THB293 million in the Americas market and ...
-
ArticleTopcon reports 9% annual eye care sales increase ahead of delisting
Reporting its financial results for the fiscal year ended March 31, 2025, Topcon Corporation has announced a 9.1 percent year-on-year increase in revenue to 84.3 billion Japanese yen (€512.3m) for its Eye Care business unit. In constant currencies, the group’s topline progressed by 7.5 percent versus FY 2023-24. In Q4, ...
-
News briefs
Vuzix Q1 revenue down year by year but up from Q4 2024
Smart glass waveguides manufacturer Vuzix has reported a 21 percent year-on-year decline in quarterly revenue to $1.6 million, attributing most of the drop to reduced unit sales of its M400 smart glasses. However, the company stressed that sales improved quarter-on-quarter thanks to both new and follow-on orders. ”Vuzix is entering ...
-
ArticleMarcolin aims for greater supply chain control, reports positive Q1 results
Quarterly sales were up by 1.3 percent year-on-year on a scope and currency comparable basis, with EMEA as the main driver. In its latest annual report, the group provided more details on its FY 2024 performance as well as on its commercial and industrial organization.
-
ArticleWarby Parker cuts growth expectations as it raises prices, shuffles production to offset tariff blow
Warby Parker cut its outlook for sales growth in 2025 and announced plans to selectively raise prices and shift more production out of China to help offset the negative impact of US import tariffs. The US direct-to-consumer (DTC) company now expects sales to grow by 13-15 percent in 2025, a ...
-
ArticleMister Spex finds first positive signs of turnaround program in Q1 margins while revenue drops 13%
Quarterly revenue in Germany, the group’s core market, was down by 5 percent overall but up by 13 in the brick-and-mortar network. Another positive sign was the 26 percent jump in average value of prescription glasses sold offline.
-
ArticleNational Vision raises guidance, says well-positioned to mitigate tariff impact
National Vision Holdings raised its full-year financial guidance after posting better-than-expected results in the first quarter of 2025 as steps to expand its exposure to existing higher value customers bear fruit and management believes the company is well-positioned to offset the negative impact of tariffs. National Vision now expects to ...
-
ArticleSafilo returns to growth in Q1, details supply chain adjustments
Sales increased at a low-single digit pace in Q1 in both North America and Europe. Gross profit and adjusted EBITDA margins also inched up. During the results presentation, the company’s management detailed its US tariff mitigation strategy.
-
News briefs
Kits Eyecare posts record revenue and adjusted margin in Q1
Kits Eyecare Q1 amounted to a record 46.6 million Canadian dollars (€29.7m), up by 34.0 percent year-on-year, the Canadian-based e-commerce company has announced. The number of two-year active customers grew by 8.7 percent versus Q1 2024 to 946,000. Price-mix effects significantly contributed to the fast topline growth as the average ...
-
ArticleHOYA reports positive Q4 results, discusses general strategy, US tariffs
The group’s eyeglass lens and contact lens sales were up by 5 percent in Q4 and by 4 percent in the full year compared to fiscal 2023-24. The Life Care’s segment profitability improved significantly in Q4 after it dipped in previous quarters as the company prioritized sales recovery following the severe IT incident at the start of the fiscal year.
-
News briefs
Bausch + Lomb Q1 contact lens sales inch up 3%
Bausch + Lomb said it generated contact lens sales of $236 million in the first quarter of 2025, up by a reported three percent compared to the year earlier and five percent higher at constant currency rates, with growth led by its daily disposable silicone hydrogel and ULTRA monthly contact ...
-
ArticleFielmann Group share price jumps on strong Q1 and FY2025 outlook
It was a busy trading day on the eve of May Day at the Frankfurt stock exchange for Fielmann Group shares, whose price jumped by 13 percent on the previous day, while trading volumes, which had been hovering at around 40,000 shares in the previous days jumped six-fold to 264,000. ...
-
ArticleKering Eyewear revenue growth slows down to 2% in Q1
Kering Eyewear was again a rare bright spot in the results presented earlier this week by French luxury group Kering for the first quarter of 2025. The eyewear unit’s sales were up by 3 percent year-on-year to €476 million or by 2 percent on a comparable basis. However, this marks ...
-
ArticleEssilorLuxottica adds price hikes to US tariffs mitigation arsenal, reports strong Q1 performance
The industry leader is planning to increase its prices in the US but mostly counts on its ongoing supply chain diversification and innovation and M&A pipelines to mitigate the impact of US tariffs. Q1 revenue was up by 8 percent at constant rates, driven by the DTC division.
-
News briefs
Higher than expected rebound for Carl Zeiss Meditec in Q2
Carl Zeiss Meditec has announced better than expected results for the quarter ended March 31 (Q2) as sales jumped by 19 percent year-on-year to €560 million based on preliminary data. The strong growth was driven by Dutch Ophthalmic Research Center (DORC), a business acquired last year and integrated from April ...
-
News briefs
Johnson & Johnson sales inch up in Q1 despite a slight dip in international markets
Johnson & Johnson generated contact lens sales of $919 million in the first quarter of 2025, up by a reported 1.0 percent compared to the year earlier and 2.7 percent higher at constant-currency rates. Growth was driven by continued strategic price actions and a strong performance in the Acuvue-Oasys 1-Day ...
-
News briefs
Weak sales for LVMH in Q1
LVMH has reported a 2 percent year-on-year decline in Q1 revenue to €20.3 billion. On an organic basis, sales declined by 3 percent, dragged down by the Wines & Spirits (-8%) and the Fashion & Leather Goods (-8%) segments. By region, Europe was the only growing market in the quarter ...
-
News briefs
JINS H1 revenue up 18%, driven partly by inbound tourism
Jins Holdings has reported a 17.9 percent year-on-year increase in H1 revenue to 44.8 billion Japanese yen (€276m). The strong performance was driven by a 20.2 percent jump in domestic sales to ¥34.8 billion (€214m), while the international segment grew by 10.7 percent. The Japan-based company said that the sharp ...
-
ArticleEuropean market softness weighs on Inspecs FY2024 results
Slightly correcting preliminary results communicated at the end of January, INSPECS Group has announced that its revenue amounted to £198.3 million (€228.8m) in fiscal 2024, down by 2.5 percent year over year. In constant currencies, the group’s topline was flat versus FY 2023. As shown in our table below, sales ...
-
News briefs
Titan eye care retail business up 5% in 2024
Titan Company, an Indian retail group operating over 2,000 stores across different sectors, has reported revenues of Rs724 crore (€75m) for its eyecare division in fiscal 2024, up by 5.1 percent from the previous year. The Ebit margin was down by 2.5 percentage points to 11.7 percent. International brand sales ...
