Ray-Ban Maker EssilorLuxottica's Sales Growth Slows Despite Smartglasses Boom
By Joshua Kirby
Eyewear company EssilorLuxottica said sales growth slowed a little in the second quarter from the first, despite a continued rapid increase in revenue from its smartglasses.
The Franco-Italian manufacturer of Oakley and Ray-Ban sunglasses booked 8.7% year-on-year organic growth in its top line to 7.69 billion euros ($8.74 billion) in the three months through June, losing a little pace from the 11% growth it recorded in the first three months of the year. Analysts polled by Visible Alpha had forecast sales of 7.83 billion euros in the second quarter.
Sales of Ray-Ban and Oakley smartglasses, produced in collaboration with tech giant Meta, nearly doubled on the year in the quarter, adding to rapid growth in the category.
Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby
(END) Dow Jones Newswires
July 28, 2026 12:39 ET (16:39 GMT)
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