EssilorLuxottica Shares Rise 10% After Third-Quarter Revenue Beat
Shares rose 10% on Wednesday as resilient demand for core eyewear outweighed signs of moderating smart-glasses growth.
EssilorLuxottica shares (EURONEXT:EL) gained 10% on Wednesday after the Ray-Ban maker reported third-quarter revenue above expectations. Resilient demand for its core eyewear products offset indications that growth in smart glasses was moderating.