🆕 Are there any potential changes in the company's leadership or strategy that could impact stock price?

EssilorLuxottica (EL) is undergoing several leadership and strategic changes that could significantly impact its stock price:

1. **New Leadership Appointments**: EssilorLuxottica has appointed new leadership in its North America operations, including Ernesto Diaz as SVP and chief marketing officer for Professional Solutions N.A., and Laurie McDonald as SVP and chief commercial officer for the sport, premium sun, and e-commerce channels. These changes are likely to bring new perspectives and strategies to the company's North American operations.
2. **Acquisitions and Strategic Partnerships**: EssilorLuxottica has recently acquired Automation & Robotics (A&R), a Belgium-based company specializing in automated systems for optical lens quality control. This acquisition is expected to strengthen EssilorLuxottica's vertically integrated supply chain and improve production processes. Additionally, the company's partnership with Meta for smart glasses is a significant strategic move that could drive future growth.
3. **Adjustments in Supply Chain and Pricing**: In response to U.S. tariffs, EssilorLuxottica is diversifying its supply chain and implementing price adjustments, which could impact its cost structure and profitability. The company has already increased prices in the United States by mid-single digits, with the full effect of these adjustments expected to be reflected in the second half of the year.
4. **Focus on Med-Tech and Wearables**: EssilorLuxottica is actively pursuing a med-tech strategy and is positioning itself as a leader in wearable health solutions. The company's smart glasses partnership with Meta and the launch of the Ray-Ban Meta smart glasses have been successful, with sales tripling in the first half of 2025. This trend is expected to continue, with the company aiming to manufacture 10 million units of Ray-Ban Meta smart glasses by next year.
5. **Investor Confidence and Share Buybacks**: EssilorLuxottica's successful issuance of 1 billion euros in bonds, which was oversubscribed, indicates strong investor confidence in the company's financial health. Additionally, the company's employee share ownership plan achieved a record high, which could boost internal morale and shareholder confidence.

These leadership and strategic changes are likely to have a significant impact on EssilorLuxottica's stock price, with potential for both positive and negative effects depending on how these changes are implemented and their outcomes. Investors should monitor these developments closely.