France's EssilorLuxottica H1 revenue rises, but slightly misses estimates

EssilorLuxottica SA

28/07/2026 17:10

Overview
France eyewear group's H1 revenue rose 9.7%, slightly missing analyst expectations
Adjusted operating profit for H1 increased 15%
Company highlighted strong growth in myopia and AI glasses portfolios

Outlook
EssilorLuxottica did not provide specific guidance for the current qtr or full yr in the press release

Result Drivers
MYOPIA PORTFOLIO - Myopia management portfolio revenue grew 24% in Q2, cited as a key growth engine
AI GLASSES - Revenue from AI glasses nearly doubled in Q2, driven by Ray-Ban and Oakley brands
RETAIL SALES - Retail comparable-store sales rose 8% in Q2, with optical and sun banners equally contributing

Company press release: ID:nGNE5nbG9H

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
Slight Miss*
EUR 14.82 bln
EUR 14.93 bln (9 Analysts)
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"
Wall Street's median 12-month price target for Essilorluxottica SA is €250.00, about 51.1% above its July 27 closing price of €165.40
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 26 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)