EssilorLuxottica Reports 20% Wearables Revenue Growth in Q3 2026

EssilorLuxottica reported a 20% year-over-year increase in wearables revenue for the third quarter of 2026, measured at constant exchange rates. This category encompasses AI glasses produced with Meta and Nuance Audio hearing glasses. The company did not disclose specific euro amounts or unit counts for wearables, nor did it separate sales between Ray-Ban Meta and Oakley Meta lines. Total group revenue reached €7,486 million, up 9% from the previous year. Direct-to-consumer sales grew by 10.6%, while myopia management products increased by 24%. Chairman Francesco Milleri and Deputy CEO Paul du Saillant attributed the wearables growth to strong momentum in this emerging category. They indicated that new AI glasses launches and the rollout of Nuance Audio Plus, which started at $829 in the US in mid-September, are expected to support holiday season performance.