EssilorLuxottica's Ray-Ban Boosts Revenue Amid AI and Tech Expansion

1 min read
Source: Bloomberg.com
EssilorLuxottica's Ray-Ban Boosts Revenue Amid AI and Tech Expansion
Photo: Bloomberg.com
TL;DR

EssilorLuxottica reported better-than-expected Q2 revenue driven by strong European sales and a surge in smart-glasses like Ray-Ban Meta, as it accelerates its wearable technology initiatives and plans further product launches and capacity expansion, despite tariffs impacting North American results.

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