Luxottica Group SpA (LUX.MI)
14 Mar 2014
|Market Cap (Mil.):||€18,275.28|
|Shares Outstanding (Mil.):||477.66|
* Company aims to sign new licence to start Jan. 2015 * Confident that growth and acquisitions will continue - CEO * Q4 net profit missed estimates on one-off tax provision MILAN, Feb 28 - Ray Ban sunglasses maker Luxottica expects to sign a new eyewear licence worth at least $100 million in sales starting next year, its chief executive said on Friday. "We will strengthen the licence portfolio in the next weeks or months...the new licence that probably will come on bo
The following factors could affect Italian markets on Friday.
MILAN - Ray-Ban sunglasses maker Luxottica forecast sales and profit growth in 2014, driven by emerging markets, where sunglasses are popular as an affordable luxury purchase.
* Sees growth in Brazil, China, India, Mexico, Asia, Turkey (Adds further details, comments by CEO, investor)
MILAN, Feb 27 - Ray-Ban sunglasses maker Luxottica forecast sales and profit growth in 2014, driven by emerging markets, as it posted fourth-quarter net profit of 25.9 million euros ($35.4 million).
MILAN - Luxottica's chief executive on Tuesday poured cold water on suggestions the Ray Ban sunglasses maker could use its cash pile to pay out a special dividend, saying the company was more interested in expansion.
* Emerging markets, Europe boost growth (recasts leads, adds CEO quotes)
MILAN, Jan 28 - Ray Ban sunglasses maker Luxottica said on Tuesday 2014 had started well, laying the foundation for growth in the full year, as it reported a rise in full-year sales for 2013.
MILAN, Jan 20 - Standard & Poor's said on Monday it had raised its rating on Italy's Luxottica to 'A-' from 'BBB+', with a stable outlook, highlighting the Ray Ban sunglasses maker's leadership in the "profitable and fast-growing" eyewear industry.
ZURICH, Nov 25 - Global watchmaker Swatch has taken control of Dubai's Rivoli retail chain, the latest luxury group to take a closer interest in its emerging markets outlets in order to use local knowledge to manage its image and better profit from rapid regional growth
Earnings vs. Estimates
Analyst Research Reports
Provider: Pechala's Reports
Luxottica Group SpA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Validea Guru Analysis Report for LUX. Analysis using Validea's interpretation of the published quantitative strategies of well-known Wall Street experts including Peter Lynch, Warren Buffett, Ben Graham and Ken Fisher, among others.
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