EssilorLuxottica's Sales Are Better Than Expected -- Market Talk

Dow Jones
13 Feb

0840 GMT - EssilorLuxottica posted better-than-expected sales for the fourth quarter, Jefferies analysts write in a note to clients. The Franco-Italian eyewear group behind reported 6.78 billion euros in sales, up 9.2% on year at constant currency. That is above Visible Alpha consensus of 6.5% growth, the analysts point out. Sales were lifted by a recovery in North America, where revenue grew 7.8% at constant currency to 3.15 billion euros. The company said its North American business had its best quarter of the year. EssilorLuxottica shares trade 2.4% higher at 282.70 euros. (mauro.orru@wsj.com)

 

(END) Dow Jones Newswires

February 13, 2025 03:41 ET (08:41 GMT)

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