Oakley's growth continues in Q1

Oakley continued its run of strong results in the first quarter with sales rising double digits, according to parent company Luxottica.

Performance in Western Europe is progressing at an even faster pace, Luxottica said.

Ray-Ban also had a strong quarter with sales rising double digits, and prescription glasses leading the growth.

Overall, Luxottica net sales rose 11.1% in constant currency to $1.8 billion during the quarter.

Adjusted net income increased 27.2% to $146 million.

Western Europe held firm, with sales rising 6%.

Luxottica’s retail division saw a 16% increase in sales to $1 billion. Sunglass Hut posted a comp increase of 9.6%. Sunglass Hut comps increased double digits in North America.

The company’s wholesale division, which includes Oakley, Ray-Ban and many other brands, saw sales increase 11.9% to $727 million. The strongest performance came from emerging markets, where sales rose 19%.