Essilorluxottica
EL: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|&Q | LOCK|VF# | LOCK|?DtmqH |
EssilorLuxottica Earnings: Artificial Intelligence Glasses Gain Traction; Solid Overall Growth
EssilorLuxottica reported 7% sales growth at constant exchange rates in the first half, driven by strong performance in Europe, Middle East, and Africa, and growing traction of its AI glasses developed with Meta. Operating margin remained at 18.3%. Shares rose 5% at the market open on July 29.
