EssilorLuxottica’s Q3 FY23 sales performance was in line with AV as well as the market’s expectations. Group revenue grew by 5.2% yoy (at CER), with positive contributions from both segments. While North America continued to witness softness in the Sun business, the deceleration in Europe proved to be temporary in view of the rebound in September and October. Although the growth for the Stellest lens was stronger in China, the stock is likely to be range-bound in the near-term. No change in the ....
