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Luxottica Group SpA Message Board

  • bullcrapshoot bullcrapshoot Mar 12, 2009 12:43 PM Flag

    Earnings report - watch for receivables figure.

    This company has a funny financial balance sheet, in that its receivables are increasing every year! The sales may go up, but what good is that if they are not collecting from the sales? This company is run by someone who does only focus on topline or "expanding" and does not know the bottomline is what matters. Expansion of the topline while the bottomline contracts usually results in very serious financial consequences - as in the collapse of the financial health. JMO.

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