The latest financial results from the key players in the eyewear industry.
JEH forecasts 68% revenue growth by 2030 after strong FY 2025
FY 2024/25 revenue was up by 23 percent to ¥16.6 billion (€103.4m) while operating margin rose sharply, reaching 32.0 percent.
Vuzix beefs up capacity and tech in anticipation of expected smart eyewear takeoff
The production ramp-up was mostly financed through Quanta Computer’s investment in the company. Meanwhile, net losses for the year rose to $73 million, raising the company’s accumulated deficit to $367 million.
Safilo confirms FY 2024 results, provides more details on segment and regional performance
The Italian eyewear group revenue slipped slightly below the €1 billion mark in 2024, dragged down by its American business and the sunglasses and sport segments. Margins improved, however, thanks notably to a leaner industrial structure.
CooperVision posts 6% Q1 revenue growth, driven by the Americas amid EMEA and APAC slowdown
The company is maintaining its guidance for a 6.5-8.5 percent sales growth in contact lenses sales as production capacity increase plans are ahead of schedule and expected to pay off in coming months.
Kits Eyecare posts strong sales growth and higher margins for Q4 and FY
Kits Eyecare ended fiscal 2024 with a strong Q4 as quarterly sales jumped by 41.3 percent year on year to 44.8 million Canadian dollars (€28.9m), accelerating from the previous quarter (+34.0 percent). The company said that the quarter was marked by multiple record-breaking weeks – including a C$4.3 million (€2.8m) ...
Fielmann 2024 sales up 15% on organic growth and US add-on, margins also up
The German-based retail group’s total sales reached €2.3 billion last year, with US acquisitions and organic growth equally contributing to the double-digit uptick. An improved sales mix also helped to deliver higher margins.
TOG sales inch up in Q4, solid FY growth driven by Americas, RX business
Thai Optical Group (TOG) Q4 revenue inched up by 1.4 percent year-on-year to 842 million Thai baht (€23.6m), slowing down sharply from the previous quarter and the first nine months of fiscal 2024. The quarterly growth was almost fully attributable to the Americas market where sales increased by 12.9 percent ...
Warby Parker expects sales momentum to continue, unveils Target partnership
Warby Parker is looking for its sales growth momentum to continue in 2025, as it targets a further 14-16 percent increase in its top line and 45 new store openings, including five shop-in-shop stores at Target that will make their debut in the second half of the year as part ...
National Vision remains in the red in Q4, aims for more managed care business
Sales from continuing operations were up by 3.9 percent versus 2023 to $437 million in Q4, but operating losses widened.
Zoff sales and margins significantly up in FY24
Total revenue increased at a double-digit pace in 2024, thanks to new store openings, higher volumes and a more favorable price mix.
