By Staff
Friday, April 19, 2024 12:30 AM
CHARENTON-LE-PONT, France—
EssilorLuxottica announced yesterday that consolidated revenue for the first quarter of 2024 was €6,335 million, representing a year-on-year increase of 5.5 percent at constant exchange rates compared with the first quarter of 2023. Francesco Milleri, chairman and CEO, and Paul du Saillant, deputy CEO at EssilorLuxottica commented, “We’re pleased to report another solid start to the year for the company, with every geography and business contributing to the positive performance.” The initial quarter of 2024 grew mid-single digit in line with the company’s long-term guidance.
By Staff
Friday, April 19, 2024 12:27 AM
ORLANDO, Fla.—
Vision Source, a North American network of independent private practice optometrists, has expanded its roster of offerings with two new programs for its membership of 4,500 optometrists and 3,000 locally owned practices. Announced at The Exchange 2024, Vision Source’s annual national meeting that was held this year from April 10 to 13 and attracted 3,100 members, staff and industry partners, the two individual programs offer the opportunity for student loan debt relief as well as employee health care benefits. See
VMAIL’s additional coverage of The Exchange
here.
By Staff
Friday, April 19, 2024 12:21 AM
VAUGHAN, Ontario—
Bausch + Lomb Corporation, an eye health company, has announced its
One by One and
Biotrue Eye Care recycling programs have collected 84,343,540 units, or 510,116 pounds, of used contact lenses, eyecare and lens care materials in the U.S.
By Staff
Friday, April 19, 2024 12:15 AM
NEW YORK—
Vision Monday will be publishing its signature
Annual Top 50 U.S. Optical Retailers Report in its upcoming June print/digital edition this year.
VM's annual
survey of regional and national retailers will collect and present sales and operations data for the calendar year ending Dec. 31, 2023. The deadline to submit information is April 26. "The Top 50 report and ranking will continue to examine U.S optical retail and ECP group revenues, and serves as a valuable resource to readers," said Anne Cooper, editorial director of
Vision Monday and
20/20.
By Staff
Thursday, April 18, 2024 12:27 AM
NEW YORK—The national average for gross revenue at ECP locations decreased last week, April 8–14, when compared with the previous week at a rate of -4 index points. That places gross revenue at a level 2 index points above where it was at this point in time (Week 15) when compared with last year (2023), 1 point above the same period in 2022, 6 points above 2021, 101 points above 2020 and 15 points above 2019, according to Jobson’s most recent Practice Performance Tracker.
By Staff
Thursday, April 18, 2024 12:24 AM
BATH, England—
Inspecs Group plc (LSE: SPEC), a global eyewear and lens design house and manufacturer, reported its 2023 full-year financial results. Group revenue for 2023 grew 1 percent to £203.3 million compared with £201.0 million in the same period last year. On a constant exchange rate basis, revenue decreased to £200.7 million (compared with £201.0 million in 2022). Gross profit for 2023 increased 4.7 percent year-over-year to £103.5 million. Cash generated from operations was £16.9 million, while net debt excluding leasing was £24.2 million.
By Staff
Thursday, April 18, 2024 12:21 AM
NEW YORK—Registered nurse Mordecai Erps has been named director of
GuildCare, a division of
Lighthouse Guild in Manhattan, the organization has announced.
By Staff
Thursday, April 18, 2024 12:18 AM
ALISO VIEJO, Calif.—
Glaukos Corporation, an ophthalmic pharmaceutical and medical technology company focused on novel therapies for the treatment of glaucoma, corneal disorders and retinal diseases, has announced that it has published its 2023 Sustainability Report.
By Staff
Thursday, April 18, 2024 12:15 AM
MIAMI—
Innovative Eyewear, Inc., developer of smart eyewear under the Lucyd, Nautica, Eddie Bauer and Reebok brands, has announced a new partnership with
Windsor Eyes, an eyewear manufacturing and distribution firm.
By Staff
Wednesday, April 17, 2024 12:27 AM
NEW BRUNSWICK, N.J.—
Johnson & Johnson (NYSE: JNJ) has announced financial results for the first quarter of 2024, with reported sales growth of 2.3 percent to $21.4 billion, operational growth of 3.9 percent, and adjusted operational growth of 4.0 percent. Sales in the U.S. increased 7.8 percent for the first quarter. “Johnson & Johnson’s solid first quarter performance reflects our sharpened focus and the progress in our portfolio and pipeline,” said Joaquin Duato, chairman and chief executive officer. “Our impact across the full spectrum of health care is unique in our industry, and the milestones achieved this quarter reinforce our position as an innovation powerhouse.”
By Staff
Wednesday, April 17, 2024 12:24 AM
RANCHO CORDOVA, Calif.—
VSP Vision has released its
2023 Impact Report, which highlights the company’s progress toward its corporate social responsibility (CSR) commitments. The second annual report provides details on how VSP Vision continues to collaborate with its network of optometrists, community partners and employees to accelerate health equity, empower diversity, equity and inclusion (DE&I), and advance sustainability.
By Staff
Wednesday, April 17, 2024 12:21 AM
ATLANTA—
EyeSouth Partners, an eyecare-focused management services organization committed to partnering with physicians to build a strong network of eyecare services in the U.S., has announced that it has partnered with
Community Eye Care Specialists.
By Staff
Wednesday, April 17, 2024 12:18 AM
NEW YORK—
LensCrafters, part of
EssilorLuxottica, has announced the launch of LensCrafters Eye Odyssey: World of Optics, the second season of its Eye Odyssey series on Roblox, a global immersive platform for communication and connection.