EssilorLuxottica Reports Solid Revenue Growth for Q1 2024

By Staff
Friday, April 19, 2024 4:28 PM 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. Read More

Review of Optometry: Corneal Cases—Which Are Right for You?

By Staff
Friday, April 19, 2024 4:25 PM A wide array of corneal conditions are encountered on a daily basis in most optometric practices and appropriate diagnosis and management are vital to ensure good vision and promote ocular health. While many can be managed by practicing OD in their offices, a variety will require surgical intervention or at least a consult with a cornea or oculoplastics subspecialist. In such cases, prompt referral may be critical to ensuring successful outcomes. Here, we will detail commonly encountered corneal conditions, summarize management and underline when to consider referral. Read More

What's the Deal With the Cicadas?

By Staff
Friday, April 19, 2024 1:16 PM Once again, we are facing a Spring and Summer full of cicadas. This year, two broods that haven't emerged at the same time since 1803 are headed our way. Head over to TIME for more on what to expect this time around. 

The Power of Reading Glasses

By Mary Kane
Friday, April 19, 2024 8:30 AM Just how valuable are a pair of reading glasses? According to a recent study, having access to a pair of readers can make all the difference, especially if you are presbyopic and live in a part of the world with limited access to eyecare and eyewear products. This past week, VisionSpring, a nonprofit provider of affordable eyeglasses to people in need, BRAC, an international development organization that works with marginalized communities, and Queen’s University Belfast released the findings of their collaborative THRIVE study, which found that a pair of reading glasses increases the earnings of people in low-income communities by 33 percent.  Ella Gudwin, CEO of VisionSpring, summed it up best when she said, “THRIVE strengthens the case that it’s not about the eyeglasses—it’s about everything that comes after.”

Insta-Pick for 4-20-24

By Staff
Friday, April 19, 2024 8:25 AM

The National Eye Institute's Tweet for 4-20-24

By Staff
Friday, April 19, 2024 8:15 AM

Gulf Coast Optometry's Tweet for 4-20-24

By Staff
Friday, April 19, 2024 8:14 AM

WeShareIt 4-20-24

By Staff
Friday, April 19, 2024 8:10 AM This fun work of art combines colorful birds with fun frames. You can purchase it on Etsy here. #WeShareIt

Vision Source Wraps Up The Exchange 2024, Announcing Student Loan Debt Relief and Health Care Benefits Programs for Members

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.

April 26 Deadline Is Approaching for Submissions to VM's 2024 Top 50 U.S. Optical Retailers Report

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.

The National Average for Gross Revenue at ECP Locations Decreased for the Week of April 8–14, Jobson’s Latest Practice Performance Tracker Shows

By Staff
Thursday, April 18, 2024 11:49 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. Read More

Review of Optometric Business: The Benefits That Helped Me Attract and Keep Employees During the Great Resignation

By Staff
Thursday, April 18, 2024 11:30 AM When you have a great team in place you want to keep them for as long as possible. I purchased a 10-year-old practice in 2020, around the start of the pandemic. The first years of my practice also coincided with what some have called the Great Resignation, when it became much more difficult than it had been in the past to recruit and retain employees. Revenue growth can be difficult to correlate to one specific cause, especially staffing. In my case, I added multiple additional services, but clinical culture and ability to delegate tasks to staff definitely aided in our revenue growth. Here are the benefits I offer to my employees that attract a great, long-lasting support team that has contributed to our profitability. Read More

Some Olympics Forecasts

By Staff
Thursday, April 18, 2024 10:28 AM With less than 100 days until the Summer Olympics open in Paris, the forecasts and predictions are rolling in. According to Nielsen’s Gracenote Sports, the U.S. and China are expected to lead the medal count this summer, with Team GB and France behind them. Head over to AP for more predictions. 

The World's Most Influential

By Staff
Wednesday, April 17, 2024 12:21 PM TIME has published its list of the 100 most influential people in the world, offering up a wide-reaching look at the people who are impacting the world we live in today. Head over to TIME to take a look at the list.

Johnson & Johnson Reports First Quarter 2024 Financial Results

By Staff
Wednesday, April 17, 2024 11:29 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.” Read More