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EssilorLuxottica just dropped their Q2 earnings, and guess what? Those Ray-Ban Meta smart glasses are making some serious bank—like, tripling last year’s revenue. Hard to believe, right? But hey, it’s happening.
These things first hit the scene back in ’23. And yeah, they’ve got all the bells and whistles—music, snapping pics, video, and even those cheeky Internet searches with a bit of Meta AI sprinkled on top. Oh, and they start at 300 bucks, which ain’t cheap but clearly didn’t scare folks off. People are just snatching them up like hotcakes. Who knew?
So here’s a kicker—Meta’s not done with these specs just yet. They’re holding hands with EssilorLuxottica until 2030. And get this: rumor has it they’re throwing a whopping $3.5 billion into this French-Italian mix. Whoa, that’s huge!
Take a sec and check out the pic of these dorky-yet-cool glasses. I mean, am I getting old, or is this the future everyone’s been yapping about?
Anyway, according to the latest word from EssilorLuxottica, their AI glasses are on a roll. Like, rolling faster than a kid who found a hill in summer. And those Ray-Ban Metas? Sales are skyrocketing, hand-to-heart. Oh, but don’t think about Oakley’s new HTSNs—those haven’t even started counting in sales yet. They’re like 500 bucks for the fancy ‘Limited Edition,’ but maybe that’s just marketing talk? Who knows.
Speaking of numbers, EssilorLuxottica’s kinda shy on details. They didn’t want to spill how many specs flew off the shelves. But back in Feb, they mentioned 2 million pairs since ’23. So…fairly decent, I guess?
Their big shot, CEO Francesco, with his partner in crime, Paul, threw some corporate lingo at us, boasting about strong growth and all. Of course, the world’s still a bit of a mess, economy-wise, but apparently it’s not enough to slow these guys down. Well, except those pesky tariffs and the dollar doing its own little devaluation dance.
But yeah, despite all that chaos, they’re looking at a 5.5% revenue bump, rounding off to a neat €14B, which basically translates to… well, a big pile of cash in dollars. Against the odds, it seems, EssilorLuxottica’s got it all figured out. Go figure.