EssilorLuxottica Posts Third Straight Quarter of Double-Digit Growth
Event summary
- Q1 2026 revenue reached €7.127 billion, up 10.8% at constant exchange rates (4.1% at current rates).
- Third consecutive quarter of double-digit growth across Professional Solutions and Direct to Consumer segments.
- North America revenue up 12.5%, EMEA up 9.5%, with China accelerating in low teens.
- Myopia management portfolio grew 26%, with China up 18%.
- Acquired Top Charoen, adding 2,000 stores in Thailand, expanding global retail footprint to nearly 20,000 locations.
The big picture
EssilorLuxottica's continued double-digit growth reflects its strategic focus on vision care and eyewear innovation, particularly in high-growth markets like China. The acquisition of Top Charoen underscores its expansion into Southeast Asia, positioning the company to capitalize on rising demand for myopia management and AI-enhanced eyewear. The company's ability to maintain this momentum will depend on its execution in integrating new markets and sustaining product innovation.
What we're watching
- Market Expansion
- Whether EssilorLuxottica can sustain growth in emerging markets like China and Thailand.
- Product Innovation
- The pace at which AI glasses and myopia management solutions drive future revenue.
- Execution Risk
- How the integration of Top Charoen impacts operational efficiency and market penetration.
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