Essilorluxottica (EL FP) Q1 2026 (EUR): Revenue 7.13bln (exp. 7.13bln), Revenue ex-FX +10.8% (exp. +11.3%)
- North America +12.5%, EMEA +9.5%, supported by AI glasses and strong Ray-Ban brand performance.
- China accelerating, up low teens supported by myopia and retail
Context
EssilorLuxottica's Q1 2026 results came in line with expectations, showing stability in revenue despite a slight miss in growth rate ex-FX. The impressive regional performance, particularly in North America and the acceleration in China, highlights robust demand driven by popular products like AI glasses and Ray-Bans, suggesting a strong outlook for continued momentum in sales in those markets.
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