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EssilorLuxottica has clear and strong succession plans ​for the role of chief ‌executive and other top figures, the head of the board's ​nominations committee at the ​French-Italian eyewear giant said

EssilorLuxottica reported 9% sales growth in Q3, beating consensus expectations by nearly 2%, with Direct-to-Consumer and APAC leading. Core eyewear remains resilient, while myopia management and smart glasses offer additional growth opportunities but are not the drivers of our overall investment thesis. Favorable FX movements could support Q4 sales, while the company's diversified portfolio reinforces our…

Eyewear and wearable-technology group EssilorLuxottica (ESLOY) jumped 14.55% to €172.40 at 3:02 p.m. CEST Wednesday after third-quarter revenue topped expecta

Shares in EssilorLuxottica rose nearly 13% on Wednesday after the Ray-Ban maker reported stronger-than-expected third-quarter revenue, as resilient demand for its core eyewear products and continued growth in smart glasses helped offset concerns about a potential slowdown in the wearables business. The Franco-Italian group reported revenue of €7.49 billion for the quarter, beating analyst expectations of €7.36…

The stock surged after the eyewear group reported continued revenue strength at its AI-powered smartglasses business, though analysts warn that momentum may begin to tail off.