EssilorLuxottica Q3 Revenue Beats Estimates

EssilorLuxottica reported a 7.2 percent rise in third quarter revenue to beat analyst expectations. Sales reached 7.49 billion euros supported by strong growth across regions. Wearables revenue hit 486 million euros despite a slowdown.

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EssilorLuxottica posted third-quarter revenue growth of 7.2% at constant exchange rates to €7.49 billion, beating the €7.36 billion expected by analysts.

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