Fri, Feb 27, 2015, 6:04 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Luxottica Group SpA Message Board

  • bitbit1 bitbit1 Apr 26, 2008 3:17 PM Flag

    Lasik out....eyeglasses in

    Anybody see the Wallstreet Weekend article re: eyeframe wear being a fashion item again. Combine this with the recent downturn in Lasik being adversely impacted as an elective procedure and renewed FDA inquiries and I believe the market factors and size of LUX retail operations bodes well. Anybody have any thoughts on this?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I think LUX is in a stable market. The statistic for the % of Americans who opted for Lasik is still rather small (<10%?). For the rest of us who don't want to tempt fate (Lasik is still surgery!), glasses and contacts are just a necessary expense. I would post 2 arguments for LUX: (1) we have an aging population that will need more expensive lenses (bifocals) and have the money to spend on brand name frames and (2) stable indirect revenue stream - healthcare benefits - those covered by healthcare policies are more likely to use the policies' benefits and get new glasses/leverage the benefits for more expenisve/brand name frames.

      I wouldn't call eyewear a growth industry by any means, but it it seems like a relatively stable industry.

    • You are kidding right?

 
LUX
61.24-0.42(-0.68%)Feb 27 4:06 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.