EssilorLuxottica (EL/ESLOF) has declined nearly 30% in the past year, despite continued profitable growth and expansion into medtech and big-data. Three major growth pillars—myopia management, smart eyewear, and integrated hearing aids—are expanding EL's addressable market but currently suppress profitability. Forward P/E has compressed to 22x, below its 10-year average, yet still implies high growth expectations amid increased competition and margin pressure.
EssilorLuxottica ADR (ESLOY) Q2 2026 Earnings Call Transcript
The Franco-Italian manufacturer of Oakley and Ray-Ban sunglasses booked 8.7% year-over-year organic growth in the three months through June, losing a little pace from the 11% growth it recorded in the first three months of the year.
An heir to the Del Vecchio empire accused his family's holding company of obstructing a multibillion-dollar succession plan.
EssilorLuxottica maintains strong momentum, delivering a third consecutive quarter of double-digit top-line sales growth and outperforming consensus expectations. Smart glasses remain the key source of upside, with Ray-Ban Meta prescription lens penetration rising above 30%. Myopia management, Stellest's US rollout, and the acquisition of Top Charoen further expand EssilorLuxottica's addressable market, supporting a forecast double-digit sales CAGR and mid-teens EPS growth through 2028.
EssilorLuxottica's shares fell on Thursday after the eyewear maker reported broadly in‑line quarterly results, doing little to revive a stock already under pressure amid lingering doubts over a demanding outlook and growth in smart glasses.
Revenue growth eased at the start of the year following a boom in smartglasses sales last year.
Franco-Italian eyewear group EssilorLuxottica said on Thursday it had acquired Faro, a small Italian company specialised in high-precision technologies for eyewear manufacturing.
EssilorLuxottica ADR (ESLOY) Q1 2026 Sales/Trading Call Transcript
Leonardo Maria del Vecchio is nearing a deal to buy out two of his siblings from the family holding company Delfin, which controls EssilorLuxottica , the heir told the Financial Times in an interview published on Friday.
EssilorLuxottica delivered robust Q4 and FY 2025 results, with FY sales reaching €28.49 billion, up 11.4% year-over-year. Strong double-digit growth in smart glasses and innovation-driven categories positions the company as a high-quality compounder with structural upside potential. Management shifts focus from rigid margin targets to growth, emphasizing smart eyewear, hearing solutions, and myopia management as key long-term drivers.
The company behind the Ray-Ban and Oakley brands said booming demand for smartglasses will drive revenue growth over the years to come.