Shamir’s profits decline

Shamir Optical posted a 5.4 percent increase in revenues to $39.1 million in the fourth quarter but the gross margin slipped to 54.0 percent of sales from 55.0 percent a year earlier and the operating margin narrowed to 8.6 percent from 12.3 percent.

Keep reading this article by becoming a member


Enjoy unrestricted access to Eyewear Intelligence

To continue reading this article subscribe now

  • Unlimited access to our highly trusted industry insights and analysis
  • Benchmark yourself against the market and competitors
  • Find inspiration to drive your business forward
  • Stay up to date with new business models and startups

If you aren’t ready to subscribe now, you can REGISTER FOR FREE. Already an Eyewear Intelligence subscriber? Sign in here.