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EssilorLuxottica Hits Record High After Meta AI Glasses Help Drive Sales Beat

EssilorLuxottica's smart glasses sales grew 11.7% year-over-year, led by Meta partnership products including Ray-Ban Meta Gen 2 and Oakley Meta HSTN glasses.

  • On Thursday, EssilorLuxottica said its third-quarter sales rose 11.7% to 6.9 billion euros, boosted by its partnership with Meta and Ray-Ban Meta products.
  • The 2019 agreement between Meta and Luxottica produced Ray-Ban Meta smart glasses, with new $799 Meta Ray-Ban Display and Gen 2 models revealed at the Meta Connect event on Wednesday.
  • CFO Stefano Grassi said `Clearly there is a lift coming from Ray-Ban Meta wearables as a product category` and reported that wearables contributed more than 4 percentage points of growth, adding `We believe that glasses will be the future` and the business is profitable.
  • Shares rose 2.4% on Thursday after EssilorLuxottica said North America sales growth was driven by Ray-Ban Meta wearables, with recent launches including the $499 Oakley Meta Vanguard and $379 Ray-Ban Meta .
  • Rival tech firms are also developing smart glasses, including Apple and OpenAI, while Alphabet’s Warby Parker partnership and Alibaba’s launches expand AI eyewear competition.
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Bloomberg broke the news in United States on Thursday, October 16, 2025.
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