All Financial results articles – Page 9
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ArticleInspecs 2022 revenue up 9%
Inspecs Group has just released a trading update for its business in 2022, in line with the previous update announced in October and showing signs of improvements that sent the group’s share price up by more than 40 percent on the day of the announcement. At 94 pence now, the ...
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ArticleGood 2022 results for Safilo, but Longarone plant’s future uncertain
While showing positive results for 2022, with increases in both revenue and margins, the statement released by the Safilo Group yesterday (Jan. 26) raised concerns about the future of its Longarone plant and its 500 employees. In the opening remarks of its financial announcement, Safilo said that its board of ...
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News briefs
8% revenue hike but operational loss for Mister Spex in 2022
Releasing preliminary results for the full year, omnichannel retailer Mister Spex has announced an 8 percent year-on-year growth in revenue to €210 million for 2022 and an adjusted EBITDA margin of between -6 percent and -3 percent. The company stressed that these results were in line with the guidance announced ...
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ArticleJohnson & Johnson Q4 CL sales grow 7.7% at constant fx
Johnson & Johnson’s global sales of contact lenses in the fourth quarter decreased by a reported 0.2 percent to $831 million as currency headwinds hit the top line. Sales at constant currency rates instead jumped by 7.7 percent, as the company highlighted the strong performance of its Acuvue Oasys 1-Day ...
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News briefs
JINS driven by overseas markets in Q1
Japanese-based retailer JINS booked an 11.6 percent year-on-year increase in Q1 sales to 17,051 million Japanese yen (€120m), accelerating strongly from the 5.1 percent growth reported for the previous quarter. The Q1 sales uptick was largely driven by a 35.5 percent jump in overseas revenue to ¥ 4,584 million (€32m) ...
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News briefs
KITS Eyecare sales up 25 percent in Q4
Canadian e-commerce company KITS Eyecare has announced a 25 percent year-on-year revenue growth to $25 million for Q4 2022, with repeat consumers accounting for roughly 60 percent of sales. For the full year, the company is expecting the topline to grow by 9 percent compared to 2021, reaching $90 million. ...
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ArticleAfflelou up 2.1% in Q1 with return to growth in France
The Afflelou group has posted a 2.1 percent year-on-year increase in network sales to €213 million for the first quarter of its 2022 financial year, ended on Oct. 31, with growth in all its markets in spite of the troubled macroeconomic environment. On a like-for-like basis, sales were up by ...
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ArticleZeiss Vision Care up double digits in 2021/22
Zeiss Vision Care, the main business unit within the Consumer Markets segment of the ZEISS Group, has reported a double-digit increase in revenue at constant exchange rates for its 2021/22 fiscal year, ended Sept. 30, compared to the previous year, with market share gains in all regions. The company does ...
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ArticleCarl Zeiss Meditec ends year with 15 % topline growth and full order book
Carl Zeiss Meditec has reported annual revenue of €1,903 million for its 2021/22 fiscal year, an increase of 15.5 percent in reported terms and of 13.3 percent at constant exchange rates compared to the previous year. Orders received increased at an even faster pace (27.7 percent in constant currencies) to ...
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ArticleRecord revenue but lower margins for Cooper
CooperCompanies has reported mixed results for its last fiscal quarter of the year as well as for the full year. While the group’s revenue continued to grow at a double-digit pace year-on-year reaching record levels in both business units, CooperVision (CVI) and CooperSurgical, profit ratios declined significantly. CVI Q4 revenue ...
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ArticleSlight profitability decline for Specsavers in 2021/22 as investments resumed
According to the Specavers group’s official financial filings to the U.K. commerce register, the optical retail giant has seen its operating profits increase marginally to £449 million (€520 m) in the fiscal year ended Feb. 28, 2022, from £445 million (€513 m) in the previous year. However, as total revenue ...
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ArticleSynsam keeps double-digit sales’ growth pace but profit ratios decline
Reporting on its performance during the third quarter of 2022, the Synsam Group said that it increased its market share in a weak consumer market, with sales growing double-digits, and that it continued to invest for future growth, which led to a reduction in profit ratios. Total sales were up ...
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News briefs
Alcon sees 7% contact lens sales growth in Q3
Alcon generated sales of contact lenses in its third quarter ended Sept. 30 of $558 million, reflecting constant currency growth of seven percent. Growth was led by silicone hydrogel contact lenses, including the Precision1 and Total product families. Revenues for the total vision care unit, which also includes the ocular ...
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Menicon overseas sales up 35 percent in H1
Menicon has reported an 11.8 percent year-on-year increase in half year sales to 54,129 million Japanese yen (€373 m). Vision care sales, which represent more than 90 percent of the group’s revenue, were up by 10.9 percent versus 2021. As in previous quarters, the sales’ momentum was driven by the ...
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News briefs
Paris Miki sales up 5.6 percent in Q2
Paris Miki has reported a 5.6 percent year-on-year increase in total sales to 12,139 million Japanese yen (€84 m) for the second quarter of 2022, slowing down from the double-digit growth posted in Q1. Quarterly sales in Japan, which accounts for almost 90 percent of the group’s business, progressed by ...
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ArticleWarby Parker adjusts outlook upwards after beating guidance in Q3
Warby Parker tweaked its guidance for the full year, raising it slightly after achieving third quarter results that were moderately above expectations but maintaining a cautious outlook due to inflation, shifts in consumer demand and lingering Covid-19 pandemic effects. The U.S.-based direct-to-consumer (D2C) company now expects sales for the full ...
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News briefs
National Vision keeps expanding store network in spite of declining sales
U.S. optical retail group National Vision has reported Q3 revenue of $499 million, down by 3.6 percent compared to 2021. Comparable store sales decreased by 8.0 percent year-on-year for the quarter. These declines however mark a small improvement from Q2 where revenue and comparable store sales were down by 7.2 ...
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ArticleAfflelou sales up 2 percent for the year despite Q4 slowdown
The Afflelou group has reported a 1.9 percent year-on-year increase in network sales for its fiscal year ended July 31, with low single-digit hikes in its two main markets, France and Spain. The group stressed that the annual growth in sales was achieved in spite of a temporary decline in ...
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News briefsQ3 sales up 8% at KITS
Kits Eyecare, the Canadian direct-to-consumer digital-eyecare brand and manufacturer of eyeglasses, saw sales rise by 18 percent year-on-year to $23.6 million during the first nine months of 2022. Sales were up by 8 percent year-on-year for the third quarter. Gross profit was up by 39 percent to a record $7.2 ...
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ArticleMister Spex maintains guidance after outperforming market in Q3
Mister Spex maintained its guidance for the full year after outperforming the market in the third quarter and despite historically low consumer confidence in its core German market that prompted it to reel in expectations in September. In the third quarter, revenues at the omnichannel retailer increased by 18 percent ...
