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Oct 25, 2022
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EssilorLuxottica (ESLOY, $79.19) posts +17% jump in Q3 revenue

EssilorLuxottica (ESLOY, $79.19) posts +17% jump in Q3 revenue

EssilorLuxottica SA posted third quarter revenue of 6.39 billion euros ($6.25 billion), which is +17% higher (+8.2% at constant currency rates). The figure is in line with analysts' expectations (based on FactSet poll).

The luxury eyecare company’s revenue from North America rose +20.5% (+3.4% at constant currency rates) from the year-ago quarter, while those from EMEA were up +7.6% year-over-year (+9.2% year-over-year). Latin America sales grew +25.5% year-over-year (+12.6% at constant currency rates) , and Asia-Pacific registered +31.7% year-over-year (+22.7% at constant currency rates).

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