All Financial results articles – Page 6
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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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News briefs
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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News briefs
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.
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News briefs
Johnson & Johnson Q3 contact lens sales grow 5%
Johnson & Johnson reported contact lens sales of $1,018 million in the third quarter of 2025, up by 5.2 percent compared to the year earlier and 3.5 percent higher at constant currency rates. The increase in J&J’s top line was driven by market growth, the strong performance of the Acuvue-Oasys ...
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ArticleJINS strong momentum driven by price mix effects, network expansion
JINS Holdings’ sales in the fourth quarter of its 2025 fiscal year ended Aug. 31 increased by 15.0 percent year on year to 27.4 billion Japanese yen (€155m), slightly decelerating from the 18.0 percent growth reported for the first nine months of the year. For the full year, ...
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ArticleSpecsavers’ operating margin stable at around 8%
Specsavers revenue rose by 6.5 percent year on year to £3,985 million (€4,577) for the fiscal year ended Feb. 28, 2025, driven by the the group’s UK business, according to official filings by Specsavers Optical Superstores. This topline figure is slightly below the £4,180 million (€4,801m) communicated by the company ...
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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 ...
