EssilorLuxottica stock falls as governance debate intensifies

EssilorLuxottica stock (ISIN FR0000121667) fell 2.11 percent to EUR 145.85 on September 10, 2026, while MarketScreener showed a real-time CBOE quote of EUR 147.65 and a year-to-date decline of 44.70 percent.

Governance stays in view

On September 9, 2026, Reuters reported that the board unanimously reaffirmed its full confidence in Chief Executive Francesco Milleri, his management team and the group's strategy after criticism from a member of the family behind the largest shareholder. The same report said Delfin controls 32.4 percent of EssilorLuxottica, while Leonardo Maria Del Vecchio owns 12.5 percent of Delfin.

That governance dispute matters because the stock had already lost more than half of its market value in recent months, according to Reuters' report dated September 9, 2026.

Half-year numbers still matter

MarketScreener listed the company's latest press release from July 29, 2026, with first-half 2026 revenue up 9.7 percent and adjusted operating profit up 15 percent, both on a reported basis. It also showed a July 30, 2026 publication of the 2026 interim financial report.

For investors, the combination is clear: a 9.7 percent revenue increase in H1 2026 and a 15 percent rise in adjusted operating profit point to operating strength, but the share price still reflects governance pressure rather than just the earnings trend.

Stock near its lows

The stock traded at EUR 145.85 on September 10, 2026, after falling 2.11 percent in Paris, and MarketScreener's real-time CBOE snapshot showed EUR 147.65 with a 5-day change of minus 0.91 percent. The year-to-date move was minus 44.70 percent.

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