Last $52.05 USD
Change Today 0.00 / 0.00%
Volume 0.0
LUXGF On Other Exchanges
Symbol
Exchange
New York
BrsaItaliana
OTC US
Munich
Stuttgart
As of 8:10 PM 11/24/14 All times are local (Market data is delayed by at least 15 minutes).

luxottica group spa (LUXGF) Snapshot

Open
$52.05
Previous Close
$52.05
Day High
$52.05
Day Low
$52.05
52 Week High
06/20/14 - $58.30
52 Week Low
12/12/13 - $50.00
Market Cap
25.1B
Average Volume 10 Days
62.0
EPS TTM
--
Shares Outstanding
481.4M
EX-Date
05/19/14
P/E TM
--
Dividend
$0.71
Dividend Yield
1.71%
Current Stock Chart for LUXOTTICA GROUP SPA (LUXGF)

luxottica group spa (LUXGF) Related Bloomberg News

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luxottica group spa (LUXGF) Details

Luxottica Group S.p.A., together with its subsidiaries, provides luxury and sports eyewear worldwide. The company operates in two segments, Manufacturing and Wholesale Distribution, and Retail Distribution. The Manufacturing and Wholesale Distribution segment is engaged in the design, manufacture, wholesale distribution, and marketing of proprietary brand and designer lines of prescription frames and sunglasses. This segment offers various sports eyewear products, and men’s and women’s apparel, footwear, and accessories under proprietary brands, such as Ray-Ban, Oakley, Persol, Alain Mikli, Vogue Eyewear, Arnette, K&L, Luxottica, Mosley Tribes, Oliver Peoples, and Sferoflex; and licensed brands comprising Armani, Brooks Brothers, Bulgari, Burberry, Chanel, Coach, Dolce & Gabbana, Donna Karan, Paul Smith, Prada, Ralph Lauren, Starck Eyes, Stella McCartney, Tiffany & Co., Tory Burch, and Versace. The Retail Distribution segment operates optical retail stores under the brand names of LensCrafters, Pearle Vision, Sears Optical, Target Optical, OPSM, Laubman & Pank, and GMO; and sun and luxury retail stores under the brand names of Sunglass Hut, ILORI, Optical Shop of Aspen, Oliver Peoples, David Clulow, and Oakley O' Stores and Vaults. The company also operates EyeMed Vision Care, glasses.com, and other brand e-commerce sites, as well as Vision Direct, an online contact lens retailer store. Luxottica Group S.p.A. serves retailers of mid- to premium-priced eyewear, such as independent opticians, optical retail chains, specialty sun retailers, department stores, and duty-free shops, as well as independent opticians, ophthalmologists, and optometrists. As of April 29, 2014, the company operated 7,000 optical and sun retail stores in North America, the Asia-Pacific, China, South Africa, Latin America, and Europe. The company was founded in 1961 and is headquartered in Milan, Italy. Luxottica Group S.p.A. is a subsidiary of Delfin S.à r.l.

73,400 Employees
Last Reported Date: 11/12/14
Founded in 1961

luxottica group spa (LUXGF) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

luxottica group spa (LUXGF) Key Developments

Luxottica to Pay Rent of $440,000 a Year for New OPSM Store on Melbourne's Collins Street

Luxottica will pay rent of $440,000 a year for a new OPSM store on Melbourne's Collins Street. The company will pay net rent of $4,400 a square metre for a 100-square-metre ground floor shop at 233 Collins Street, replacing American Express. The shop space is owned by a private Melbourne investor. It sits below what was once an 11-storey office building called Hothlyn House, at one time the headquarters of the Age newspaper and since sub-divided into serviced apartments. The shop is across the road from the closed Australia on Collins mall, which LaSalle Investment Management is redeveloping into a boutique luxury mall, with US accessories brand Coach and Swiss watchmaker TAG Heuer signed on as its Collins Street-facing anchor tenants. The seven-year OPSM leasing deal was negotiated by Zelman Ainsworth and Cam Taranto of CBRE.

Luxottica Group Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Luxottica Group announced consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net sales of €1,882.97 million compared to €1,784.99 million a year ago. Operating income was €281.20 million compared to €255.11 million a year ago. Income before provision for income taxes was €256.89 million compared to €231.88 million a year ago. Net income attributable to the group stockholders was €162.44 million or €0.34 per diluted share compared to €147.56 million or €0.31 per diluted share a year ago. Adjusted EBITDA was €395 million. Capex was €96 million. Operating cash flow was €390 million. For the nine months, net income attributable to the group stockholders was €554.98 million or €1.16 per diluted share compared to €518.75 million or €1.09 per diluted share a year ago. Net sales were €5,785.28 million compared to €5,666.72 million a year ago. Operating income was €947.54 million compared to €891.60 million a year ago. Income before provision for income taxes was €875.41 million compared to €816.47 million a year ago. Net debt was €1,118.7 million compared to €1,461.4 million as on December 31, 2013. Adjusted EBITDA was €1,243 million. Capex was €270 million. Operating cash flow was €953 million.

Luxottica Group Seeks Acquisitions

Luxottica Group SpA (BIT:LUX) is looking for acquisitions. Massimo Vian, Co-Chief Executive Officer of Luxottica said, "We continue to scout in the market and look for opportunities and we have ambitions on that. Part of the DNA of Luxottica, it is merger and acquisition and there’s no reason to change that and there is no reason to be more or less cautious compared to the past".

 

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LUXGF Competitors

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Essilor International SA €88.24 EUR +0.86
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Industry Analysis

LUXGF

Industry Average

Valuation LUXGF Industry Range
Price/Earnings 34.2x
Price/Sales 2.7x
Price/Book 4.2x
Price/Cash Flow 34.5x
TEV/Sales 2.2x
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