Essilorluxottica, Meta's More Affordable AI Glasses Support Upselling Opportunities

Dow Jones06-24

1145 GMT - EssilorLuxottica and Meta's new range of cheaper AI glasses should broaden the addressable market and support upselling opportunities toward higher-end Ray-Ban and Oakley collections, Stifel's Cedric Rossi writes. The companies announced the new collection on Tuesday with a starting price of $299. "The Meta Glasses launch will reassure investors who were concerned about the lack of cheaper smart glasses to compete with competition," Ross says. EssilorLuxottica shares are down 3.7% at 161.95 euros and are 40% lower over the year to date.(ian.walker@wsj.com)

(END) Dow Jones Newswires

"The Meta Glasses launch will reassure investors who were concerned about the lack of cheaper smart glasses to compete with competition," Rossi says. "EssilorLuxottica, Meta's More Affordable AI Glasses Support Upselling Opportunities -- Market Talk," at 1145 GMT, misspelled Cedric Rossi's name.

(END) Dow Jones Newswires

June 24, 2026 08:06 ET (12:06 GMT)

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