- The Wall Street Journal•11 hours ago
Italy’s eyewear firm Luxottica said third-quarter sales grew 3.2% compared with the same period last year to reach €2.2 billion ($2.4 billion), as Europe and Latin America supported growth.
- Reuters•13 hours ago
Italian eyewear group Luxottica reported a 1.2 percent rise in underlying third-quarter revenues on Monday and said it was on track to hit its full-year target while sounding a cautious note over expectations for a further rise in profits next year. The maker of Ray Ban and Oakley sunglasses said sales adjusted for an accounting change rose to 2.225 billion euros ($2.4 billion) in the third quarter, in line with forecasts, as good weather boosted sales of sunglasses at opticians across Europe and at the group's own Sunglass Hut shop chain. A 4 percent rise in retail sales more than offset a drop in wholesale revenues caused by a reorganisation under the guidance of 81-year-old founder and top shareholder Leonardo Del Vecchio, who returned to the helm two years ago as executive chairman.
Luxottica Group SpA (LUX)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||48.45 x 500|
|Ask||48.73 x 100|
|Day's Range||46.53 - 49.48|
|52wk Range||44.85 - 70.85|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||27.56|
|Avg Vol (3m)||55,201|
|Dividend & Yield||0.99 (2.19%)|