EssilorLuxottica’s shares surged 6% after the company reported a 7.3% revenue increase to €14 billion, driven by strong demand for its AI-powered smart glasses.

Meta Platforms has acquired a $3.5 billion minority stake in EssilorLuxottica, the world’s leading eyewear manufacturer, sending the company’s stock soaring in anticipation of potential synergies and innovative products.

EssilorLuxottica SA has demonstrated stability in its stock performance, maintaining a steady share price of 236.9 EUR amidst market fluctuations.

EssilorLuxottica SA’s stock performance has been impacted by market fluctuations, with its stock price declining from a 52-week high, but the company’s strong market presence and commitment to quality position it well to navigate these challenges.

EssilorLuxottica has executed a share buyback, demonstrating its financial strength and strategic vision, with a 65.69% return over the past three years and a strong market position in the eyewear industry.

EssilorLuxottica is considering relocating part of its production to the US in response to US tariffs, a strategic move that could help the global eyewear giant mitigate costs and gain a competitive edge.