Essilorluxottica
EL: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$b | LOCK|x@ | LOCK|zK$mRWT |
EssilorLuxottica: Solid Performance Led by Smart Glasses; Shares Fairly Valued
EssilorLuxottica saw a strong first quarter with revenue growth of 10.8% at the constant exchange rate. Wearables accounted for half of the growth, while the traditional business grew at a solid midsingle digit.
