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EssilorLuxottica posts third straight quarter of strong sales growth, driven by smart glasses and market expansion.

Analyst Insights
05 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

EssilorLuxottica has delivered a third consecutive quarter of double-digit sales growth, surpassing expectations. Key drivers include the rising adoption of Ray-Ban Meta smart glasses, with prescription lens penetration exceeding 30%, and expansion into myopia management and new markets such as the US through Stellest and the acquisition of Top Charoen. These developments support a forecast of sustained double-digit sales growth and mid-teens earnings per share growth through 2028. Despite a recent valuation dip due to broader market conditions, the company remains an attractive investment opportunity with a Buy rating.

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