- EssilorLuxottica‘s reported Q1 revenue aligns with estimates, at EU6.34 billion, marking a +3% year-on-year increase.
- The company’s North America revenue was slightly under the estimates, with an increase of 0.6% year-on-year to EU2.88 billion.
- In the EMEA region, revenue rose 5.8% year-on-year to EU2.32 billion, surpassing estimates.
- Latin America’s revenue reached EU371 million, with a year-on-year growth of 6.3%- slightly below estimates.
- The Asia Pacific region showed a 2.4% year-on-year increase with revenue at EU768 million, which is slightly under estimates.
- EssilorLuxottica‘s revenue increased by 5.5% in terms of constant currency.
- Direct to consumer revenue, which was estimated to be EU3.21 billion, exceeded expectations and rose to EU3.26 billion, marking a 4.2% year-on-year increase.
- Professional Solutions revenue was reported to be EU3.08 billion, reflecting a 1.8% year-on-year growth – marginally below estimates.
- The company confirmed its goal of achieving a mid single-digit annual revenue growth from 2022 to 2026 at constant exchange rates.
- Additionally, EssilorLuxottica anticipates reaching an adjusted operating profit as a percentage of the revenue within the range of 19-20% by the conclusion of this period.
A look at EssilorLuxottica Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
EssilorLuxottica, a leading eyewear manufacturer, is projected to have a promising long-term outlook based on the Smartkarma Smart Scores. With high scores in Growth, Resilience, and Momentum, the company is anticipated to excel in expanding its market presence, maintaining stability in challenging environments, and sustaining positive stock performance. Supported by a solid foundation in these key areas, EssilorLuxottica is well-positioned for continued success in the eyewear industry.
Despite average scores in Value and Dividend, EssilorLuxottica‘s overall outlook remains strong due to its exceptional performance in essential factors. As a global provider of sunglasses, lenses, and eye care products, EssilorLuxottica caters to a diverse customer base, ensuring its products reach individuals worldwide. Investors may find value in the company’s growth potential, resilience to economic fluctuations, and positive momentum, indicating a promising investment opportunity for long-term success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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