Core Insights - EssilorLuxottica reported record third-quarter sales, driven by strong demand for AI-powered smart glasses, with revenue reaching 6.9 billion euros ($8.1 billion), marking an 11.7% year-on-year increase [1][2] Financial Performance - The company's quarterly sales exceeded the average forecast of 6.7 billion euros from an LSEG poll [2] - North America, the largest market for EssilorLuxottica, saw a 12.1% increase in quarterly sales compared to the previous year [2] Pricing Strategy - The company has raised prices in the U.S. in response to tariffs, expecting benefits from these increases in the second half of the year, although price hikes were not the primary driver of growth in North America [3] Production Capacity - EssilorLuxottica plans to accelerate production capacity for wearables, aiming to produce 10 million units annually ahead of the original timeline, now expected before the end of 2026 [4] Product Development - The second-generation Ray-Ban Meta smart glasses, launched in September at $379, have seen commercial success, with improvements in battery and camera features [5] - A new flagship model priced at $799 includes advanced AI features, such as a built-in display and a wristband for gesture commands, with plans for rollout in Canada, France, Italy, and Britain by early 2026 [6]

Core Insights - The Franco-Italian eyewear group achieved a revenue of $8 billion, marking a 12% increase from the previous year, which is the best quarter since its formation in 2018 [1] Company Performance - Revenue reached $8 billion, reflecting a significant growth of 12% year-over-year [1] - This quarter is noted as the best performance since the company's establishment in 2018 [1]

Core Insights - EssilorLuxottica achieved its best quarterly performance ever, with consolidated revenue reaching Euro 6,867 million in Q3 2025, marking an 11.7% year-on-year increase at constant exchange rates compared to Q3 2024 [1][6] Financial Performance - Revenue increased by 11.7% in Q3 2025 at constant exchange rates and 6.7% at current exchange rates compared to the previous year [1][6] - For the first nine months of 2025, revenue grew by 8.8% [6] Market Contributions - Strong contributions from EMEA and North America were highlighted, with both regions experiencing double-digit growth in both PS and DTC channels [2][6] - The wearables segment significantly boosted revenue, supported by a robust pipeline of product innovation [6] Product Innovations - The company unveiled its most advanced portfolio of AI glasses, including the next generations of Ray-Ban Meta and Oakley Meta glasses, as well as Meta Ray-Ban Display [3] - Stellest lenses, aimed at myopia management, received FDA market authorization, marking a new category in the U.S. [3][6] Strategic Developments - The acquisition of RetinAI was announced, and Optegra was closed, set to be consolidated from October 1 [6] - The company aims to drive lasting transformation by integrating innovation, science, and human potential [4]

Core Insights - EssilorLuxottica achieved its best quarterly performance ever, with consolidated revenue reaching Euro 6,867 million in Q3 2025, marking an 11.7% year-on-year increase at constant exchange rates [1][6] - The growth was significantly driven by strong contributions from the EMEA and North America regions, particularly in wearables, vision care, and sunglasses [2][6] Revenue Performance - Revenue increased by 11.7% in Q3 2025 at constant exchange rates, and by 8.8% over the first nine months of the year [6] - Vision care and sunglasses segments grew by 5% at constant exchange rates [6] Product Innovation and Market Expansion - The company launched its most advanced portfolio of AI glasses, including the next generations of Ray-Ban Meta and Oakley Meta glasses, enhancing its position in wearable technology [3] - Stellest lenses received FDA market authorization, marking a significant advancement in myopia management in the U.S. [6] Strategic Acquisitions - The acquisition of RetinAI was announced, and Optegra has been closed, with consolidation effective from October 1 [6]

MILAN — Eyewear player House of Modo, the owner of Lapo Elkann’s Italia Independent eyewear brand, in addition to the Modo and Eco labels, has welcomed a minority investment to support its growth while remaining an independent player in the highly polarized eyewear sector. A pool of investors led by the London-based Valiant Asset Management Ltd., an alternative credit investment firm focused on the Western European corporate middle market, has invested $100 million in Modo for an undisclosed minority stake ...

Disclosure of Share Capital and Voting Rights Outstanding as of September 30, 2025 (Pursuant to Article L.233-8 II of the French Commercial Code and articles 221-1 and 223-16 of the General Regulations of the Autorité des Marchés Financiers) Paris, France (October 9, 2025 - 6:00 pm) – As of September 30, 2025, shares and voting rights outstanding of EssilorLuxottica, the global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses, breaks down as indicated below. Se ...

The world’s biggest eyewear maker is positioning itself as a leader in the emerging category of smart glasses, a device that could become as prevalent as an iPhone https://t.co/QCGoEzF96z ...

Core Insights - Innovative Eyewear, Inc. is advancing its European expansion strategy by establishing a distribution hub in the Netherlands and participating in SILMO Paris 2025, a leading optics and eyewear trade show [1][2]. Group 1: Company Developments - The company showcased its smart eyewear brands, including Lucyd®, Lucyd Armor®, Reebok®, Eddie Bauer®, and Nautica®, at SILMO Paris 2025, which featured over 32,000 visitors from more than 130 countries [1][3]. - The establishment of the Netherlands distribution hub is a significant milestone, allowing for VAT-free purchasing for EU businesses and enhancing competitive positioning across the 27 EU member states [6]. Group 2: Market Opportunities - Initial orders have been secured from five European countries, indicating strong demand for the company's smart eyewear portfolio [3][6]. - The company is engaging in discussions with regional sales representatives to build infrastructure for capturing market share in the growing smart eyewear sector in Europe [3][6]. Group 3: Industry Context - SILMO Paris 2025 included a dedicated Tech Village for smart eyewear and AI innovations, positioning Innovative Eyewear alongside major technology companies like Meta, Google, and Snapchat, highlighting its role as a pioneer in AI-enabled eyewear [2][3]. - The event's international attendance of 51% underscores the global interest in the optical industry and the potential for smart eyewear adoption, particularly in markets with high pedestrian and public transit usage [3].

Group 1 - EssilorLuxottica has increased its shareholding in Nikon from 9.62% to 10.75% [1] - This move makes EssilorLuxottica the largest shareholder of Nikon [1]

Core Insights - The return of Motley Fool's Supernova investment service is set for October 1st, featuring two portfolios: Supernova Phoenix for retirees and Supernova Odyssey for wage-earning investors [1][20] - The Supernova Stock Exchange will be utilized to identify potential "supernova stocks," which must meet specific criteria, including being an active recommendation in Rule Breakers or having a super score of 75 or more in the new Rule Breakers database [1][20] Company Highlights - **CAVA Holdings**: This Mediterranean-themed restaurant chain is expected to grow revenue at approximately 20% annually over the next three years, with a target of 40% cash-on-cash returns on new restaurant investments, leading to a payback period of about 2.5 years [5][7] - **Camping World**: The leading retailer of recreational vehicles (RVs) in the U.S. has seen a revenue rebound after two years of decline, achieving record unit sales and strong quarterly profits. The company also offers a quarterly dividend yielding over 3% [7][9] - **Warby Parker**: This eyewear company has expanded from an online model to over 250 physical stores, targeting a total of 1,000. The stores have maintained a 35% EBITDA margin, and the company is generating organic cash flow despite competition from online discounters [12][13][16] Market Trends - The RV market is experiencing a resurgence, driven by demographic trends such as the aging population and increasing interest in RV travel among younger consumers [9][11] - Warby Parker's disruption of the traditional eyewear supply chain poses a significant challenge to established players like Luxottica, which dominates the market [16][18] Investment Strategy - The Supernova service aims to leverage a larger pool of stocks and innovative tools to identify high-potential investments, focusing on companies that exhibit "Rule Breaker" characteristics [20][21] - The emphasis on real money portfolios allows for practical learning experiences in capital allocation and risk management, enhancing the investment process for participants [25][26]