LUXGF - Luxottica Group S.p.A.

Other OTC - Other OTC Delayed Price. Currency in USD
62.86
+1.17 (+1.90%)
At close: 3:31PM EST
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Previous Close61.69
Open0.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume27,381
Market Cap28.051B
Beta0.26
PE Ratio (TTM)26.10
EPS (TTM)2.41
Earnings DateN/A
Forward Dividend & Yield1.03 (1.64%)
Ex-Dividend Date2017-05-22
1y Target EstN/A
Trade prices are not sourced from all markets
  • Reuters24 days ago

    Luxottica sees strong adjusted net profit growth after full-year sales meet guidance

    Italy's Luxottica (LUX.MI), the world's biggest eyewear maker, sees 2017 adjusted net income growing strongly after a robust fourth quarter helped it to meet its full-year sales guidance. Luxottica is awaiting antitrust approval of the 50 billion euro (43.97 billion pounds) merger it agreed a year ago with rival Essilor (ESSI.PA) to create a lens-to-frame manufacturer with a global shop network and a portfolio of top brands such as Ray Ban and Chanel. Luxottica had guided for a "low to mid" single-digit growth in 2017 sales at constant currencies and forecast a broadly similar rise in its adjusted operating and net profit.

  • Reuters24 days ago

    Luxottica sees strong adj. net profit growth after FY sales meet guidance

    Italy's Luxottica, the world's biggest eyewear maker, sees 2017 adjusted net income growing strongly after a robust fourth quarter helped it to meet its full-year sales guidance. Luxottica is awaiting antitrust approval of the 50 billion euro ($62 billion) merger it agreed a year ago with rival Essilor to create a lens-to-frame manufacturer with a global shop network and a portfolio of top brands such as Ray Ban and Chanel. Luxottica had guided for a "low to mid" single-digit growth in 2017 sales at constant currencies and forecast a broadly similar rise in its adjusted operating and net profit.

  • Korean Ace Has Eyes on Australian Open Prize, Oakley Endorsement
    Bloomberg27 days ago

    Korean Ace Has Eyes on Australian Open Prize, Oakley Endorsement

    Tennis star Chung Hyeon’s astigmatism isn’t hurting his game and may be helping him win another endorsement contract.

  • Motley Fool2 months ago

    Luxottica and Essilor Play the Waiting Game With Regulators

    Almost a year since announcing the deal, the two companies are still working to secure the necessary approvals from major markets.

  • Motley Fool2 months ago

    10 Stories That Dominated Consumer and Retail Headlines in 2017

    Whatever happened to Luxottica and Essilor? Why did T-Mobile and Sprint’s latest merger attempt fail? We go over these stories, and many more from 2017.

  • Reuters2 months ago

    Luxottica CEO exits eyewear giant ahead of Essilor merger

    Italy's Luxottica has parted ways with its fourth chief executive in three years as Chairman Leonardo Del Vecchio prepares the eyewear group he founded for a planned merger with France's Essilor. Luxottica, the biggest maker of spectacles, agreed in January to merge with the top lens manufacturer to create a 46 billion euro ($54 billion) group with a global shop network and brands from Ray Ban to Giorgio Armani and Burberry. Luxottica said on Friday Massimo Vian, CEO for products and operations, would step down three months before the expiry of the current board's mandate as it simplified its structure ahead of the merger.

  • Reuters2 months ago

    Luxottica CEO exits eyewear giant ahead of Essilor merger

    Italy's Luxottica has parted ways with its fourth chief executive in three years as Chairman Leonardo Del Vecchio prepares the eyewear group he founded for a planned merger with France's Essilor. Luxottica, the biggest maker of spectacles, agreed in January to merge with the top lens manufacturer to create a 46 billion euro ($54 billion) group with a global shop network and brands from Ray Ban to Giorgio Armani and Burberry. Luxottica said on Friday Massimo Vian, CEO for product and operations would step down three months before the expiry of the current board's mandate as it simplified its structure ahead of the merger.

  • Reuters2 months ago

    Luxottica CEO leaves group ahead of merger with Essilor

    Italian eyewear group Luxottica (LUX.MI) said on Friday Chief Executive Massimo Vian would leave the group, strengthening the powers of founder and Chairman Leonardo Del Vecchio ahead of a merger with France's Essilor (ESSI.PA). Ray-Ban maker Luxottica said Vian would step down three months before the expiry of his term. Vian's responsibilities will be handed over to both Del Vecchio and Deputy Chairman Francesco Milleri, a close aide of Del Vecchio, who would also take on the position of CEO.

  • Reuters2 months ago

    Exclusive: Luxottica, Essilor tie-up on track for unconditional EU okay - sources

    Italian eyewear maker Luxottica (LUX.MI) and French lens manufacturer Essilor (ESSI.PA) are set to win unconditional EU antitrust approval for their 48 billion-euro ($57 billion) merger, two people familiar with the matter said on Thursday. Having had some initial concerns about the deal between Luxottica, the world's biggest eyeglass frame maker and Essilor, the biggest lens maker, the European Commission is scheduled to decide by March 8 on whether to clear it.

  • Reuters2 months ago

    EU regulators to clear Luxottica, Essilor deal without conditions: sources

    Italy's Luxottica and French glasses group Essilor are set to win unconditional EU antitrust approval for their 48-billion-euro ($56.8 billion), two people familiar with the matter said on Thursday. The deal between Luxottica, the world's biggest eyeglass frame maker, and Essilor, the world No. 1 lens maker, would create a company that would make products ranging from Ray-Bans to Giorgio Armani frames and have a major eyeglass retail outlet. The European Commission, which had some initial concerns about the mega deal, declined to comment.

  • Business Wire2 months ago

    Tiffany & Co. Strengthens Eyewear Offering with Renewed Luxottica License Agreement

    Luxottica Group and Tiffany & Co. today announced the renewal of an exclusive license agreement for the development, production and worldwide distribution of sunglasses and prescription frames under the Tiffany & Co brand.

  • Bloomberg3 months ago

    If Trump Doesn't Like AT&T, What About Luxottica?

    Vertical deals need more scrutiny.

  • Reuters4 months ago

    Eyewear mega deal could hurt U.S. consumers, but still be approved

    The world's biggest eyeglass frame maker is planning to merge with the largest lens maker in a tie-up U.S. antitrust experts fear will be bad news for consumers, but could still be approved. France's Essilor, the prescription lens maker, has asked U.S. regulators to bless its merger with Italy's Luxottica , the leading frame maker, to create a company that would produce everything from Ray-Bans to Giorgio Armani frames, and be the top U.S. eyeglass retail outlet as well as a leading provider of vision insurance.

  • Reuters4 months ago

    EU regulators suspend Luxottica, Essilor probe, await data

    BRUSSELS/MILAN (Reuters) - EU antitrust regulators have suspended an investigation into the $54 billion (41.33 billion pounds) merger between French glasses group Essilor (ESSI.PA) and Italy's Luxottica (LUX.MI) after the companies failed to provide requested data. The deal has sparked regulatory concerns that it may lead to price rises or mean retailers are forced to buy both lens and eyewear from the merged company. The European Commission, which opened a full-scale investigation into the case on Sept. 26, said it stopped the clock on Oct. 25.

  • Morningstar4 months ago

    10 Cheap Foreign Stocks With Moats

    For investors looking abroad, these high-quality stocks are selling at compelling valuations.

  • The Zacks Analyst Blog Highlights: Deutsche Lufthansa, Peugeot, Luxottica, Bayer and Arkema.
    Zacks4 months ago

    The Zacks Analyst Blog Highlights: Deutsche Lufthansa, Peugeot, Luxottica, Bayer and Arkema.

    The Zacks Analyst Blog Highlights: Deutsche Lufthansa, Peugeot, Luxottica, Bayer and Arkema.

  • Essilor confident on Luxottica deal despite EU probe
    Reuters4 months ago

    Essilor confident on Luxottica deal despite EU probe

    French eyewear group Essilor (ESSI.PA) said on Tuesday it was confident of securing European Union approval for its $54 billion merger with Italian peer Luxottica (LUX.MI) after the EU launched a full-scale probe into its impact on competition. Essilor Chief Operating Officer Laurent Vacherot said on a call with analysts that the group viewed the European Commission's in-depth probe into the planned merger with Luxottica, launched last month, "with serenity and confidence".

  • Reuters4 months ago

    Luxottica confirms 2017 guidance after hurricanes hit third quarter

    Ray-Ban maker Luxottica on Monday confirmed its 2017 guidance even after reporting weak third-quarter sales as hurricane-related store closures hit North America, its biggest market. Luxottica CEO Massimo Vian told Reuters sales growth at the world's biggest eyewear maker was now more likely to meet the lower part of the range provided as 2017 guidance. "We confirm our guidance ... we will likely be at the lower end of the range," Vian said, adding that the first three weeks of October "had a plus sign" both globally and in North America.

  • Luxottica's $53 Billion Deal Looks a Little Cracked
    Bloomberg4 months ago

    Luxottica's $53 Billion Deal Looks a Little Cracked

    It's hard to see why Luxottica should be allowed to merge with lens giant Essilor.

  • Luxottica Group SpA breached its 50 day moving average in a Bearish Manner : LUXGF-US : September 27, 2017
    Capital Cube5 months ago

    Luxottica Group SpA breached its 50 day moving average in a Bearish Manner : LUXGF-US : September 27, 2017

    Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Luxottica Group SpA. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bearish ... Read more (Read more...)

  • Reuters5 months ago

    EU to investigate $54 bln Luxottica, Essilor deal

    BRUSSELS/MILAN, Sept 26 (Reuters) - EU antitrust regulators will investigate whether the planned 46-billion-euro ($54 billion) merger of Italian eyewear maker Luxottica and French lens manufacturer Essilor could drive out rivals from the market or push up prices. The European Commission opened a full-scale investigation on Tuesday, saying the deal involving the two companies, both top-ranked in their sectors, may reduce competition in ophthalmic lenses and eyewear. The move came after Luxottica and Essilor declined to offer concessions in a preliminary review.