1257 GMT - EssilorLuxottica's first-quarter figures should demonstrate, again, the company's strong growth trajectory, Jefferies analysts say in a note to clients. The analysts forecast organic sales growth of around 10% for the first three months of the year. While this represents a clear sequential slowdown from the previous two quarters, "we see it as a testimony of resilient, high growth," they say. The focus will likely be on the performance of smartglasses, the analysts write. Despite competition, EssilorLuxottica and Meta, with whom it develops smart eyewear, will keep the lion's share of the booming market, they say. This is due to their advantage as first-movers in the category, as well as appealing brands and unique distribution capabilities, they add. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
April 02, 2026 08:58 ET (12:58 GMT)
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