All Mister Spex articles
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ArticleSlight average eyewear stocks price hike in Q1 reflects extreme ups and downs
The average stock price of public eyewear companies inched up by 1.6 percent on a non-weighted basis during the first quarter of 2024, slowing down from the 8.4 percent growth calculated for Q4 2023. The Q1 2024 performance also fell short of the 8.1 percent quarter-on-quarter growth of the MSCI ...
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ArticleProduct mix drives growth and profitability gains for Mister Spex as customer base stagnates
Mister Spex ended fiscal 2023 on a positive note as total Q4 revenue increased by 7.4 percent year-on-year to €46.7 million, significantly accelerating from the 2.4 percent growth reported for the previous quarter. Reflecting the company’s strategic focus on its domestic market since the end of 2022, the quarterly revenue ...
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News briefs
Mister Spex confirms guidance after positive Q4
Mister Spex has announced that its Q4 revenue increased by 7 percent year-on-year, with a 10 percent growth in the German market. The sales uptick was driven by a 10 percent increase in average order value (AOV) across the board while, in the prescription glasses segment, both price increases and ...
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ArticleEyewear stock price up 8% in Q4, sector market capitalization up 10% year-on-year
Along with our usual quarterly update on public eyewear companies’ stock price variations, we are also publishing in the table below the year-on-year changes to provide a longer-term perspective, as well as our annual market capitalization ranking further down on this page. After a negative third quarter, the average stock ...
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News briefsCo-CEO to leave Mister Spex
The Co-CEO of Mister Spex, Dr. Mirko Caspar, will be stepping down on Dec. 31. He has been with the company for 12 years. Caspar’s counterpart, Dirk Graber, who is also the founder, will be taking on Caspar’s duties alongside CFO Stephan Schulz-Gohritz. According to the company’s statement, Caspar will ...
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ArticleMister Spex posts mixed Q3 results
Mister Spex has reported a significant drop in revenue growth pace for the third quarter of its fiscal year as continued depressed consumer sentiment and unfavorable weather conditions negatively impacted its business. The company however stressed that it was continuing to outperform the market and to deliver on its ...
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News briefsMister Spex wins German Sustainability Award
Mister Spex has announced that it has won the German Sustainability Award in the “Pharmacies and Medical Retail” sector. The award is organized by the German Sustainability Award Foundation (Stiftung Deutscher Nachhaltigkeitpreis) in collaboration with the German Federal Ministry for the Environment and the German Chamber of Industry and Commerce. ...
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ArticleEyewear companies' average stock price down in Q3
After two consecutive quarters of double-digit growth, the average stock price of eyewear companies went down by an average 7 percent on a non-weighted basis (see chart below) in the quarter ended Sept. 30. This also marks an unusual underperformance compared with the MSCI World Index, a global index comprising ...
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News briefsMister Spex launches 3D-print customized range
Mister Spex is launching EyeD, its first custom collection of 3D-printed eyewear. The range includes six customizable different models in seven colors that are being offered at 37 Mister Spex stores in Germany and Austria for €249, plus the price of the lenses. The measurements - including parameters such as ...
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News briefsMister Spex appoints new CFO
Mister Spex has announced the appointment of Stephan Schulz-Gohritz as its new CFO and member of its management board effective from Jan. 1, 2024. Schulz-Gohritz will lead all aspects of the company’s financial operations, including mergers and acquisitions, Mister Spex noted. The seasoned executive joins the German-based omnichannel retailer from ...
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ArticleDriven by sunglasses, Mister Spex posts positive operating margin in H1
Mister Spex’ turnaround plan seems to be paying off as the German-based retail group reported a double-digit growth in revenue for the second quarter of 2023, market share gains in its domestic market and a return to a positive adjusted EBITDA for the first six months of the year. The ...
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ArticleTwo retail groups top our Q2 stock price chart
Stock prices of eyewear industry companies confirmed in Q2 their upward trend started in the previous quarter. On a non-weighed average basis, they increased by 12.5 percent quarter-on-quarter overperforming the 6.3 percent rice of MSCI World, a global index comprising over 1,500 companies. EWI Stock price chart Q2 2023 ...
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ArticleMore “boutique” and more lenses on Mister Spex roadmap
2022 was a mixed year for Mister Spex. While the German-based retailer’s sales kept growing relatively fast – by 8 percent overall and by 11 percent in Germany – profit ratios remained in the red. This led the company to launch a cost-reduction plan in September 2022 and an announcement ...
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ArticleGermany and prescription frames drove Mister Spex’ growth in Q1
Mister Spex has reported a 6 percent year-on-year increase in revenue to €51 million for the first quarter of 2023. The growth was fully attributable to Germany where sales grew by 12 percent to €38 million, thanks notably to the reallocation of marketing investments on the domestic market as part ...
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News briefsMister Spex wins “Store of the Year” award
Source: Mister Spex Mister Spex’s flagship store in Cologne has been named “Store of the Year” by the German Retail Association (Handelsverband Deutschland e.V., or HDE). The two-floor, 400-sqm shop opened in December and was designed by the dan pearlman Group – designer also of the first ...
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ArticleEyewear stocks start 2023 on the right foot
Stock prices of eyewear companies were off to a good start of the year, with an average growth of 13 percent on a non-weighted basis in Q1 2023 compared with Q4 2022. It is the first time in more than a year that their average value significantly increased, overperforming the ...
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News briefs
Mister Spex appoints new chief marketing officer
Omnichannel retailer Mister Spex has announced the appointment of Davide Croci as its new chief marketing officer, effective April 1. Croci comes from Flixbus, an international travel company where he last served as vice president of marketing, sales and commercial development. He will report directly to Mirko Caspar, co-CEO of ...
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ArticleMister Spex counts on upmarket move and cost control to return to profits after mixed 2022
Announcing mixed full year results for 2022 earlier this week, including a relatively weak Q4 performance, Mister Spex stressed that it still gained market share last year in Germany, its core market. The company also underlined improvements in its product mix, with more lenses and high added-value frames, and the ...
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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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ArticleGerman industry association calls for urgent measures to protect SMEs
In a direct address to its national government, German industry association Spectaris is calling for the rapid implementation of a multi-point program to secure the future of healthcare industries in Germany, particularly for small and medium enterprises (SMEs) that are most exposed to the current economic crisis. First and foremost, ...
