The eyewear giant may launch an appeal after a court dismissed its attempt to gain information from GrandVision and its owner HAL.
The eyewear giant wants information on how GrandVision has managed during the crisis.
Activity began to recover in March in China.
The eyewear giant, which is also launching a 100 million euro fund for employees, will reconsider the matter in the second half of the year.
The group is postponing the annual shareholder meeting to June 25 from May 15.
Guidance issued earlier in March was based on expectations the virus outbreak would ease up over the next few months.
The eyewear giant noted slight impact on revenue in other regions, and said inventory is enough for several weeks of demand.
European Union regulators are concerned the proposed merger could lead to higher prices and reduced choices for consumers.
The fraudulent financial activities will have an estimated impact of up to 190 million euros on its full-year operating result.
The Italian entrepreneur, through his Delfin holding, has allegedly reached the limit of 10 percent of the institution’s eligible capital.
The eyewear giant noted improved business at Sunglass Hut thanks to digital investments.
The eyewear giant said its teams are now working well together.