StocksMediumUpdated×3•Originally published 20 October 2026•Updated 21 October 2026•
1 min read
EssilorLuxottica Shares Rise as Traditional Sales Support AI Eyewear Segment
Key Facts
1EssilorLuxottica exceeded revenue estimates for the third quarter of 2026.
2The smart glasses category experienced a slowdown in growth rates during this period.
EssilorLuxottica reported third-quarter revenue of €7.49 billion for 2026, surpassing analyst expectations of €7.36 billion. Reuters reported that strong traditional eyewear sales helped temper investor concerns regarding the performance of AI-powered glasses, enabling the company to exceed overall revenue estimates.
ESLOY closed at $85.18 on October 19, 2026, though the stock remains down 36% year-to-date. While sales of smart glasses developed with Meta grew by 20%, the resilience of traditional product lines remained the primary driver of the third-quarter performance.