Essilorluxottica
EL: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|ln | LOCK|d!R | LOCK|>J!@&MM |
EssilorLuxottica: Sales of Wearables Drive Stellar Growth In the Quarter; Shares Expensive
EssilorLuxottica reported strong acceleration in third-quarter revenue to 11.7% on the back of accelerated adoption of wearables (Ray-Ban Meta and Oakley Meta glasses). Shares were up almost 12%.
