The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

StocksMedium•13 February 2026•

1 min read

EssilorLuxottica Beats Estimates as Meta Smart Glasses Sales Surge

A man in a suit over a stock chart with 'Mondelez International' text, surrounded by chocolate, cocoa beans, factories, and shops.

EssilorLuxottica reported a significant revenue beat for the fourth quarter, with sales climbing 18% to reach 7.6 billion euros, far exceeding analyst expectations of 11%. The performance was primarily fueled by the surging popularity of its wearable technology, with the company selling over 7 million units of Ray-Ban Meta and Oakley smart glasses in 2024. Analysts attribute this success to the practical design and competitive pricing of the Meta-branded glasses compared to high-end headsets like Apple's Vision Pro. This consumer shift led to a 200% year-over-year increase in related app downloads, highlighting a successful pivot into the tech-integrated luxury market. Meta Platforms currently holds a nearly 3% stake in the eyewear giant, a strategic investment valued at approximately $3.5 billion. This robust growth underscores EssilorLuxottica's dominant position in the evolving wearable technology landscape.