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

Milan - Milan Delayed Price. Currency in EUR
56.06
0.00 (0.00%)
At close: 5:35PM CEST
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Previous Close56.06
Open55.98
Bid55.92 x 0
Ask56.12 x 0
Day's Range55.58 - 56.14
52 Week Range45.32 - 58.60
Volume393,117
Avg. Volume420,547
Market Cap26.857B
Beta0.33
PE Ratio (TTM)26.70
EPS (TTM)2.10
Earnings DateFeb 27, 2018 - Mar 5, 2018
Forward Dividend & Yield1.01 (1.82%)
Ex-Dividend Date2018-04-23
1y Target Est57.34
  • Trade war threatens reign of luxury stocks
    Reuterslast month

    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?
    Zacks2 months ago

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

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

  • GlobeNewswire2 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 StreetEvents2 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

  • The Wall Street Journal2 months ago

    [$$] European Equities Market Talk Roundup

    ’s performance in the second quarter and the confirmation of its 2018 outlook bode well for the company’s sales and earnings in the second part of the year, Bryan Garnier says. “The FY18 outlook was reiterated, pointing to more supportive sales and earnings momentum in H2,” it says. In the second semester, Luxottica’s wholesale operations should gain momentum and its retail division should have another strong performance, the bank says.

  • Reuters2 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.

  • Reuters2 months ago

    Luxottica posts flat H1 results as it waits on Essilor merger

    Ray-Ban owner Luxottica 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. Milan-based Luxottica, the world's biggest eyewear manufacturer, is merging with the top lens producer to create a 54 billion euro ($63 billion) 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.

  • CNBC2 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?
    Zacks3 months ago

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

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

  • Reuters3 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 ...

  • Reuters3 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.3 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...

  • Reuters4 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
    TechCrunch4 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-

  • Reuters5 months ago

    Luxottica's first quarter sales hurt by bad weather, distribution clean-up

    Ray-Ban owner Luxottica (LUX.MI) stuck to its full-year outlook after first-quarter revenue fell 0.8 percent net of currency swings due to bad weather and efforts to better control wholesale distribution. Luxottica expects to conclude in May a planned merger with lens maker Essilor (ESSI.PA) to create a 50 billion euro (44 billion pounds) eyewear giant better able to tap demand for glasses from an ageing world population as competition stiffens. Luxottica's wholesale revenue fell 4.2 percent annually at constant currencies in the first quarter as bad weather in Europe in March led shopkeepers to delay orders.

  • Reuters5 months ago

    French group Essilor first-quarter sales fall as Luxottica merger nears close

    French eyewear company Essilor (ESSI.PA), which is in the process of merging with Italian peer Luxottica (LUX.MI), reported a dip in first-quarter sales on Friday as currency swings impacted its business. A rising euro can make products more expensive for overseas buyers, and also impact revenues earned in dollars when they are translated back into euros. "After this sound start to the year, notably thanks to good performances in sunwear and e-commerce, we are confident that we will meet our full-year targets as the rollout of new products gathers pace over the next few months," said Essilor Chairman and Chief Executive Hubert Sagnières.

  • Reuters5 months ago

    LVMH's eyewear venture looks to triple production

    A joint venture between Dior-owner LVMH (LVMH.PA) and Italy's Marcolin could triple its production of glasses over time as its portfolio of brands expands. LVMH last year followed in the steps of rival Kering (PRTP.PA), which decided in 2014 to bring its eyewear business in house to increase control and pocket profit margins previously left to licensees. The shift in strategy has dealt a blow to Italy's Safilo (SFLG.MI) - the world's second-largest eyewear manufacturer behind domestic rival Luxottica (LUX.MI) - which was already suffering from the loss of Kering's Gucci licence.

  • Reuters5 months ago

    Luxottica chairman says China may seek 'minor restrictions' to clear Essilor deal

    China's competition authorities may ask for minor restrictions before clearing a merger between Italian eyewear group Luxottica (LUX.MI) and French lens manufacturer Essilor, Luxottica chairman said. Speaking on the sidelines of the Milanese group's annual general meeting, Chairman Leonardo Del Vecchio said the relative size of the two groups' Chinese operations made it more likely that the adjustments requested could affect Essilor rather than Luxottica.

  • What Can We Expect From Luxottica Group Sp.A.’s (BIT:LUX) Earnings In Next 12 Months?
    Simply Wall St.6 months ago

    What Can We Expect From Luxottica Group Sp.A.’s (BIT:LUX) Earnings In Next 12 Months?

    Based on Luxottica Group Sp.A.’s (BIT:LUX) earnings update in December 2017, it seems that analyst forecasts are fairly bearish, with earnings expected to decline by -5.40% in the upcoming yearRead More...

  • Reuters6 months ago

    Luxottica buys Japanese titanium and gold spectacles maker

    MILAN (Reuters) - Italian eyewear group Luxottica said on Tuesday it had acquired a 67 percent stake in Fukui Megane, a family-owned Japanese manufacturer specialising in the production of titanium and ...

  • Reuters7 months ago

    EU, U.S clear Essilor's 48 billion euro merger with Luxottica

    PARIS/BRUSSELS (Reuters) - European and U.S. competition regulators on Thursday approved the 48-billion-euro ($58 billion) merger of Italian eyewear maker Luxottica and French lens manufacturer Essilor, sending shares in both companies higher. The proposed tie-up between Luxottica, which owns brands including Ray-Ban and Oakley, and Essilor, which sells lenses under the Varilux brand, is aimed at taking advantage of expected strong demand for prescription spectacles and sunglasses as populations age globally. "We've received feedback from nearly 4,000 opticians in a market test in Europe that Essilor and Luxottica would not gain market power to harm competition," EU Competition Commissioner Margrethe Vestager said, approving the deal without conditions.

  • EU, U.S clear Essilor's 48 billion euro merger with Luxottica
    Reuters7 months ago

    EU, U.S clear Essilor's 48 billion euro merger with Luxottica

    PARIS/BRUSSELS (Reuters) - European and U.S. competition regulators on Thursday approved the 48-billion-euro ($58 billion) merger of Italian eyewear maker Luxottica (LUX.MI) and French lens manufacturer Essilor (ESSI.PA), sending shares in both companies higher. The proposed tie-up between Luxottica, which owns brands including Ray-Ban and Oakley, and Essilor, which sells lenses under the Varilux brand, is aimed at taking advantage of expected strong demand for prescription spectacles and sunglasses as populations age globally. "We've received feedback from nearly 4,000 opticians in a market test in Europe that Essilor and Luxottica would not gain market power to harm competition," EU Competition Commissioner Margrethe Vestager said, approving the deal without conditions.

  • EU clears merger of Essilor, Luxottica without conditions
    Reuters7 months ago

    EU clears merger of Essilor, Luxottica without conditions

    The European Commission on Thursday approved the 48-billion-euro merger of eyewear groups Luxottica and Essilor without setting conditions, saying the merger would not harm competition. "We've received ...

  • Reuters7 months ago

    EU clears merger of Essilor, Luxottica without conditions

    BRUSSELS (Reuters) - The European Commission on Thursday approved the 48-billion-euro (42.55 billion pounds) merger of eyewear groups Luxottica and Essilor without setting conditions, saying the merger ...