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Ray-Ban Meta smart glasses revenue tripled over the year, EssilorLuxottica says

1. Ray-Ban Meta glasses revenue surged over 300% year-over-year. 2. EssilorLuxottica's total sales reached €14.02 billion (US$16.25 billion). 3. CEO highlights future potential of smart eyewear technology. 4. Oakley Meta Performance AI glasses launched alongside Ray-Ban Meta success. 5. Meta renewed partnership with Luxottica for a decade-long collaboration.

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FAQ

Why Bullish?

The tripling of sales for Ray-Ban Meta indicates strong consumer demand, similar to other tech company spikes following successful product launches, potentially driving ESLOY's stock price upwards.

How important is it?

Strong sales figures and strategic partnerships indicate potential for ESLOY's growth, influencing investor sentiment positively.

Why Long Term?

The long-term partnership with Meta suggests sustained growth and innovation, supporting future product developments that can positively influence stock performance over several years.

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