EssilorLuxottica Posts 9% Third-Quarter Revenue Growth, Bernstein Says
EssilorLuxottica reported a 9% increase in third-quarter revenue, including a 20% rise in wearables. Bernstein analysts say the company is right to be cautious about the final quarter of the year.
Bernstein analysts say EssilorLuxottica is right to express caution about the final quarter of the year. The Franco-Italian eyewear group reported third-quarter revenue growth of 9%, including a 20% rise in wearables, a category encompassing its AI-powered Ray-Ban and Oakley s…