EssilorLuxottica Shares Fall on Growth Concerns
The eyewear maker reported a 10.8% rise in first quarter revenue but faces skepticism over ambitious annual targets. Shares fell 5% today in Paris trading.
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ESSILORLUXOTTICA shares experienced a sharp decline on Thursday as investors weighed quarterly results that met expectations but failed to alleviate concerns regarding the company's long-term growth trajectory and the adoption of wearable technology. The stock fell approximately 5% in Paris, France, marking the steepest loss on the blue-chip CAC 40 index. This downturn follows a reported 10.8% increase in revenue at constant exchange rates for the first quarter of 2026.
