LUX.MI - Luxottica Group S.p.A.

Milan - Milan Delayed Price. Currency in EUR
51.60
-0.06 (-0.12%)
At close: 5:35PM CET
Stock chart is not supported by your current browser
Previous Close51.66
Open51.52
Bid51.50 x 0
Ask52.00 x 0
Day's Range51.50 - 51.70
52 Week Range48.62 - 59.54
Volume43,964
Avg. Volume476,849
Market Cap24.723B
Beta (3Y Monthly)0.31
PE Ratio (TTM)24.57
EPS (TTM)2.10
Earnings DateMar 6, 2019
Forward Dividend & Yield1.01 (1.96%)
Ex-Dividend Date2018-04-23
1y Target Est58.80
  • Can Luxottica Group SpA’s (BIT:LUX) ROE Continue To Surpass The Industry Average?
    Simply Wall St.3 months ago

    Can Luxottica Group SpA’s (BIT:LUX) ROE Continue To Surpass The Industry Average?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...

  • Reuters3 months ago

    EssilorLuxottica's search for new CEO on track to start next year

    EssilorLuxottica, the spectacles company formed by the merger of sector leaders Essilor and Italy's Luxottica, said its search for a new chief executive would start next year as planned, dismissing speculations about a power struggle. The appointment of Luxottica CEO Francesco Milleri is not on the agenda," Olivier Pecoux, an independent board member, said in a statement made on behalf of the board. Pecoux read out the statement as EssilorLuxottica held its first shareholders meeting on Thursday as a newly combined company, after Essilor completed a merger with Luxottica on October 1 to create a world leader in lenses and eyewear.

  • Reuters3 months ago

    Italy - Factors to watch on Nov. 28

    The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list ...

  • Reuters4 months ago

    Luxottica founder to propose Milleri as EssilorLuxottica CEO

    Leonardo Del Vecchio plans to propose Luxottica (LUX.MI) Chief Executive Francesco Milleri as CEO of the new merged group EssilorLuxottica (ESLX.PA), a spokesman for the Luxottica founder said on Monday. "Del Vecchio, who has great confidence in Milleri, wants him to take over as CEO immediately so that he can focus on more strategic issues," the spokesman said. The spokesman was confirming comments made earlier by Del Vecchio, EssilorLuxottica's executive chairman, to Italy's Ansa news agency.

  • Reuters4 months ago

    EssilorLuxottica to start looking for new CEO in January

    EssilorLuxottica (ESLX.MI), the Franco-Italian world leader in lenses and eyewear, will start its search for a new CEO in January, co-CFO Stefano Grassi said on Monday. Luxottica (LUX.MI) founder Leonardo Del Vecchio and Essilor CEO Hubert Sagnières are sharing power at EssilorLuxottica for the first three years after the two companies completed a merger on Oct. 1. The new group, listed in Paris, is looking to buy out all remaining Luxottica shares through an exchange offer ending on Nov. 28, leading to a planned delisting of Luxottica from the Milan stock exchange.

  • Reuters4 months ago

    Essilor sticks to targets after in-line third quarter sales

    (Refinitiv corrects analysts' average revenue estimate in third paragraph in this Oct 22 story. PARIS (Reuters) - Essilor (ESLX.PA), the world's largest maker of ophthalmic lenses, reported in-line revenue on Monday and kept its guidance unchanged for the year. The French company, which merged earlier this month with Italian group Luxottica (LUX.MI) in a 48 billion euro (£42.7 billion) deal - said sales in the third quarter rose 4.4 percent to 1.81 billion euros.

  • Essilor sticks to targets despite lower-than-expected third quarter sales
    Reuters4 months ago

    Essilor sticks to targets despite lower-than-expected third quarter sales

    Essilor (ESLX.PA), the world's largest maker of ophthalmic lenses, reported lower-than-expected revenue on Monday but kept its guidance unchanged for the year. The French company, which merged earlier this month with Italian group Luxottica (LUX.MI) in a 48 billion euro ($55 billion) deal - said sales in the third quarter rose 4.4 percent to 1.81 billion euros. The company, renamed EssilorLuxottica, said it was keeping its 2018 targets for Essilor, namely like-for-like revenue growth of around 4 percent.

  • Italy' antitrust opens probe over Luxottica's acquisition of Barberini
    Reuters5 months ago

    Italy' antitrust opens probe over Luxottica's acquisition of Barberini

    The Italian antitrust authority said on Friday it had opened a probe into Luxottica's (LUX.MI) acquisition of top sun lens maker Barberini. Luxottica, the world's largest spectacles manufacturer, completed this week its merger with France's Essilor (ESSI.PA), the biggest lens maker globally. The Italian group in June announced it had bought Barberini, the world's top manufacturer of optical glass sun lenses, in a 140 million euro ($161 million) deal.

  • Moody's5 months ago

    EssilorLuxottica -- Moody's: EssilorLuxottica's A2 rating and positive outlook unchanged upon closure of combination with Luxottica

    On 1 October 2018, Delfin (unrated) contributed its 62% stake in Luxottica to Essilor. The combined entity has been renamed EssilorLuxottica, and is a holding company for Essilor's (100% owned) and Luxottica's (62% owned) respective operational activities. In addition, EssilorLuxottica has initiated a mandatory tender offer -- to be funded with issuance of new shares -- with the view of acquiring outstanding minority shares at Luxottica.

  • PRTY vs. LUXTY: Which Stock Is the Better Value Option?
    Zacks5 months ago

    PRTY vs. LUXTY: Which Stock Is the Better Value Option?

    PRTY vs. LUXTY: Which Stock Is the Better Value Option?

  • Trade war threatens reign of luxury stocks
    Reuters7 months ago

    Trade war threatens reign of luxury stocks

    LONDON/PARIS (Reuters) - An escalating trade war between the United States and China could abruptly end a glittering stock market run for luxury goods firms, with some investors already put off by lofty valuations in a sector powered by shoppers in the two countries. From pricey handbags to designer shoes, booming sales at the European companies that dominate the industry like Louis Vuitton owner LVMH (LVMH.PA) and Gucci parent Kering (PRTP.PA) have made them investor favourites, with shares still near record highs.

  • PCMI vs. LUXTY: Which Stock Is the Better Value Option?
    Zacks7 months ago

    PCMI vs. LUXTY: Which Stock Is the Better Value Option?

    PCMI vs. LUXTY: Which Stock Is the Better Value Option?

  • GlobeNewswire7 months ago

    Essilor - News Release: Proposed combination between Essilor and Luxottica approved in China

    Charenton-le-Pont, France and Milan, Italy (July 26, 2018) - Essilor (Euronext Paris: EI) and Luxottica (LUX) announce that the antitrust regulator of the People`s Republic of China, SAMR, has approved the proposed combination between the two companies after they made certain commitments with regard to the conduct of their business in China.

  • Thomson Reuters StreetEvents7 months ago

    Edited Transcript of LUX.MI earnings conference call or presentation 23-Jul-18 4:30pm GMT

    Half Year 2018 Luxottica Group SpA Earnings Call

  • Reuters7 months ago

    Luxottica posts flat H1 results as it waits on Essilor merger

    Ray-Ban owner Luxottica (LUX.MI) posted broadly flat first-half sales and adjusted operating income as it awaits a Chinese go-ahead this month for its merger with France's Essilor (ESSI.PA). Milan-based Luxottica, the world's biggest eyewear manufacturer, is merging with the top lens producer to create a 54 billion euro (48.06 billion pounds) industry leader. Luxottica said it was evaluating with Essilor the timing for the closing of the merger as it finalised discussions with Chinese and Turkish antitrust authorities.

  • CNBC7 months ago

    Stocks slip as Wall Street looks ahead to big tech earnings

    Stocks slipped on Monday as investors awaited the release of quarterly results from some of the largest technology companies as well as key economic data. The S&P 500 traded just 0.1 percent lower as utilities and industrials declined. Google-parent Alphabet is set to report earnings after the bell on Monday, while Facebook and Amazon are scheduled to release their results later this week.

  • FNKO or LUXTY: Which Is the Better Value Stock Right Now?
    Zacks8 months ago

    FNKO or LUXTY: Which Is the Better Value Stock Right Now?

    FNKO vs. LUXTY: Which Stock Is the Better Value Option?

  • Reuters8 months ago

    Luxottica, Essilor extend deadline for merger pending China's approval

    MILAN (Reuters) - French lens manufacturer Essilor (ESSI.PA) and Italian eyewear Luxottica (LUX.MI) have extended a deadline for their planned merger to July 31 as the Chinese competition authority has ...

  • Reuters8 months ago

    Italy's Luxottica buys sun lens maker Barberini for 140 million euros

    MILAN (Reuters) - Ray-Ban owner Luxottica (LUX.MI) said on Friday it had bought the world's top manufacturer of optical glass sun lenses Barberini in a 140 million euro (£123 million) deal. "The transaction ...

  • Luxottica Group SpA (BIT:LUX): Are Analysts Bullish?
    Simply Wall St.8 months ago

    Luxottica Group SpA (BIT:LUX): Are Analysts Bullish?

    Luxottica Group SpA’s (BIT:LUX) released its most recent earnings update in December 2017, which showed that the business benefited from a robust tailwind, eventuating to a double-digit earnings growth ofRead More...

  • Reuters9 months ago

    Ferrari and Ray-Ban deemed a safer bet than Italian government bonds

    Italy's luxury carmaker Ferrari and Exor, the owners of Juventus football club, are among a host of companies that can now borrow money more cheaply than the country's crisis-hit government. Italian sovereign bond yields rose this week to some of their highest levels in years on fears that the country's eurosceptic politicians could win a stronger hand in potential elections, reviving the possibility of a eurozone break-up - or at least a repeat of the European Union's 2011-2012 crisis.

  • A new eyewear brand is taking on Luxottica with a single wire, some seed funding and a sustainability story
    TechCrunch9 months ago

    A new eyewear brand is taking on Luxottica with a single wire, some seed funding and a sustainability story

    A U.K.-based startup has come up with a new design for high-end, direct-to-