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Luxottica Group SpA (LUX.N)

LUX.N on New York Stock Exchange

56.95USD
11:57am EST
Change (% chg)

$4.53 (+8.64%)
Prev Close
$52.42
Open
$57.04
Day's High
$57.14
Day's Low
$56.65
Volume
74,377
Avg. Vol
15,510
52-wk High
$63.62
52-wk Low
$44.85

LUX.N

Chart for LUX.N

About

Luxottica Group S.p.A. is a holding company. The Company is engaged in the design, manufacture and distribution of fashion, luxury, sport and performance eyewear. The Company operates through two segments: manufacturing and wholesale distribution, and retail distribution. Through its manufacturing and wholesale distribution... (more)

Overall

Beta: 0.60
Market Cap(Mil.): $27,534.50
Shares Outstanding(Mil.): 484.18
Dividend: 0.99
Yield (%): 1.89

Financials

  LUX.N Industry Sector
P/E (TTM): 30.64 28.15 26.58
EPS (TTM): 1.70 -- --
ROI: 10.40 8.46 9.03
ROE: 14.94 11.98 12.82

Luxottica's Del Vecchio says listing in both Italy and France still an option: report

The group created by the merger of Italy's Luxottica and France's Essilor will consider a listing in both Italy and France, as well as the United States, Luxottica founder Leonardo del Vecchio was quoted as saying on Tuesday.

3:02am EST

UPDATE 1-Luxottica's Del Vecchio says listing in both Italy and France still an option - report

Jan 17 The group created by the merger of Italy's Luxottica and France's Essilor will consider a listing in both Italy and France, as well as the United States, Luxottica founder Leonardo del Vecchio was quoted as saying on Tuesday.

2:56am EST

BRIEF-Luxottica's Del Vecchio says listing in both Italy and France still an option - report

Jan 17 Luxottica founder Leonardo del Vecchio says in an interview with Italian daily Corriere della Sera:

1:30am EST

Luxottica and Essilor in 46 billion euro merger to create eyewear giant

MILAN/PARIS Italy's Luxottica and France's Essilor have agreed a 46 billion euro ($49 billion) merger to create a global eyewear powerhouse with annual revenue of more than 15 billion euros. | Video

Jan 16 2017

Luxottica's merger helps Del Vecchio manage family risks

MILAN By sealing one of the biggest European merger deals of recent years, 81-year old spectacles tycoon Leonardo Del Vecchio has added another chapter to one of Italy's most legendary rags-to-riches stories.

Jan 16 2017

NEWSMAKER-Luxottica's merger helps Del Vecchio manage family risks

MILAN, Jan 16 By sealing one of the biggest European merger deals of recent years, 81-year old spectacles tycoon Leonardo Del Vecchio has added another chapter to one of Italy's most legendary rags-to-riches stories.

Jan 16 2017

UPDATE 5-Luxottica and Essilor in 46 bln euro merger to create eyewear giant

* Share prices of both companies rise sharply (Writes through, adds quotes, detail, background and analysts)

Jan 16 2017

European stocks extend losses, Essilor and Luxottica surge on merger news. For more see the European equities LiveMarkets blog

LONDON, Jan 16 Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets

Jan 16 2017

Eyewear megadeal more corrective than visionary

LONDON (Reuters Breakingviews) - Luxottica and Essilor's plan to merge looks more corrective than visionary. The Italian eyewear group is backing a 50 billion euro union with the French lens-maker, and Luxottica founder Leonardo Del Vecchio is willing to cede control and some value to get the deal done. For the Italian group's other shareholders, that's probably a fair price for fixing governance issues, and perhaps selling more specs.

Jan 16 2017

BRIEF-Essilor CEO says shared mission will prevent divergences at the top

* Essilor CEO Hubert Sagniers says timeframe for expected EBIT synergies is 3-4 years after closing of deal

Jan 16 2017

Competitors

  Price Chg
Wal-Mart Stores, Inc. (WMT.N) $68.76 +1.63
Safilo Group S.p.A. (SFLG.MI) €7.99 -0.15

Earnings vs. Estimates