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Ray-Ban Maker EssilorLuxottica Posts Sales Growth Amid AI Push

Ray-Ban Maker EssilorLuxottica Posts Sales Growth Amid AI Push

EssilorLuxottica EL -1.40%decrease; red down pointing triangle, the maker of Ray-Ban glasses, reported higher sales for the first half, buoyed by the success of its products featuring AI.
The Franco-Italian eyewear group said Monday that it logged revenue of 14.02 billion euros ($16.46 billion) for the first six months, 7.3% higher than in the prior-year period at constant exchange rates. The result compares with analysts' forecasts of 14.07 billion euros, according to a poll of estimates compiled by Visible Alpha.
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