Stellest

Search documents
EssilorLuxottica: Q1 2025 Revenue - Strong revenue growth in the first quarter
Globenewswire· 2025-04-23 16:00
Core Insights - EssilorLuxottica reported consolidated revenue of Euro 6,848 million for Q1 2025, marking a year-on-year increase of 7.3% at constant exchange rates and 8.1% at current exchange rates compared to Q1 2024 [1][4] Revenue Growth - The company's revenue growth was driven by strong performance across all regions and business segments, with comparable-store sales increasing by 8% [4] - EMEA region experienced a growth of 10% at constant exchange rates, supported by both the PS and DTC channels [4] - North America saw a growth of 4%, with solid trends in DTC and resilient demand in PS [4] - Asia-Pacific region reported double-digit growth, particularly strong in myopia solutions in China [4] Product and Brand Performance - The launch of Nuance Audio marked a new category in the U.S., Italy, and France, with plans to expand into the UK and Germany [2][4] - Ray-Ban Meta showed rapid growth, benefiting from high penetration of Transitions lenses [4] - The company highlighted the significance of its brands, including Oakley celebrating its 50th anniversary and Oliver Peoples extending its partnership with Roger Federer [2] Strategic Goals and Future Outlook - The company is making significant strides towards its strategic goals, particularly in the wearables and med-tech space, supported by new clinical data on Stellest for myopia progression [2] - The commitment of the company's 200,000 employees is emphasized as a key factor in driving continued success and shareholder trust [2]