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HomeLifestyle NewsRay-Ban Maker EssilorLuxottica Sales Top Estimates

Ray-Ban Maker EssilorLuxottica Sales Top Estimates

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EssilorLuxottica SA posted better-than-expected revenue in the second quarter, as the world’s biggest eyewear maker showed strong gains in Europe and pressed ahead with its smart-glasses initiative.

Revenue increased 7.3 percent at constant exchange rates to €7.18 billion ($8.36 billion) for the period, the worlds’ biggest eyewear maker said Monday in a statement. That beat analysts’ estimates for a 5.9 percent rise, based on a Bloomberg-compiled consensus.

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