0958 GMT - EssilorLuxottica reported a solid performance, confirming the company's resilient model in the current consumer environment,Stifel analysts Cedric Lecasble and Cedric Norest say in a note. The Franco-Italian eyewear group booked a 7.3% sales increase at constant exchange rates for the first quarter. The main uncertainty is related to tariffs, particularly those hitting Chinese-made frames imported to the U.S., the analysts say. The majority of the Ray-Ban frames sold in the U.S. were manufactured in China, including Ray-Ban Meta smart glasses, they add. The company is revisiting its supply-chain to mitigate the tariff turmoil. Shares fall 2.3%. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
April 24, 2025 05:58 ET (09:58 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。