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Last €58.35 EUR
Change Today -0.40 / -0.68%
Volume 251.2K
LUX On Other Exchanges
Symbol
Exchange
New York
BrsaItaliana
OTC US
Munich
Stuttgart
As of 8:25 AM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

luxottica group spa (LUX) Snapshot

Open
€58.70
Previous Close
€58.75
Day High
€59.40
Day Low
€58.30
52 Week High
03/16/15 - €60.30
52 Week Low
10/16/14 - €34.74
Market Cap
28.1B
Average Volume 10 Days
838.4K
EPS TTM
€1.35
Shares Outstanding
481.8M
EX-Date
05/18/15
P/E TM
43.2x
Dividend
€0.72
Dividend Yield
1.11%
Current Stock Chart for LUXOTTICA GROUP SPA (LUX)

luxottica group spa (LUX) Related Bloomberg News

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luxottica group spa (LUX) 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.

Founded in 1961

luxottica group spa (LUX) Top Compensated Officers

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

Executives, Board Directors

luxottica group spa (LUX) Key Developments

Luxottica Group SpA Proposes Distribution of Dividend and Extraordinary Dividend, Payable on May 20, 2015

The Board of Directors of Luxottica Group SpA proposed to the General Meeting the distribution of dividends in the gross amount of EUR 0.72 per ordinary share and per American Depositary Receipt. The dividends will be paid out of the company's 2014 net income, net of the amount to be set aside for the legal reserve in order to reach one-fifth of the issued share capital as of the date of the General Meeting. The Board of Directors will also submit to the General Meeting for its approval the distribution of a further extraordinary dividend in the amount of EUR 0.72 per ordinary share and per ADR that will be paid out of the remaining amount of net income and in part out of the extraordinary reserve. Subject to approval at the General Meeting, a total dividend amount of EUR 1.44 per ordinary share and per ADR will be distributed to holders. Subject to approval at the General Meeting, the dividend and the extraordinary dividend will be paid to holders of ordinary shares on May 20, 2015, with an ex-dividend date of May 18, 2015, as calculated in accordance with the Borsa Italiana calendar and with a record date of May 19, 2015. Regarding the ADRs listed on the New York Stock Exchange, the record date will be May 19, 2015 whereas the payment date by Deutsche Bank Trust Company America, the depositary bank for the ADRs that has been authorized to make the applicable payment, is expected to be May 28, 2015 based on the Euro/U.S. Dollar exchange rate as of May 20, 2015.

Luxottica Group SpA Reports Group Preliminary Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Earnings Guidance for 2015

Luxottica Group SpA reported group preliminary earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, net sales were €1,867.0 million against €1,645.9 million last year. Operating income was €210.1 million against €164.1 million last year. Income before provision for income taxes was €184.7 million against €139.9 million last year. Net income attributable to stockholders was €87.6 million or €0.18 per basic and diluted share against €25.9 million or €0.05 per basic and diluted share last year. Adjusted net sales were €1,890.9 million against €1,645.9 million last year. Adjusted operating income was €215.1 million against €164.1 million last year. Adjusted net income attributable to stockholders was €121.6 million or €0.25 per share against €92.6 million or €0.20 per share last year. In the fourth quarter of 2014, adjusted net sales grew by 14.9% (9.3% at constant exchange rates), benefitting from a favorable exchange rate effect. EBITDA was €314.0 million against €256.4 million last year. Adjusted EBITDA was €319.0 million against €256.4 million last year. Free cash flow was €105 million. Capital expenditures were €149 million. Operating cash flow was €297 million. For the year, net sales were €7,652.3 million against €7,312.6 million last year. Operating income was €1,157.6 million against €1,055.7 million last year. Income before provision for income taxes was €1,060.1 million against €956.4 million last year. Net income attributable to stockholders was €642.6 million or €1.34 per diluted share against €544.7 million or €1.14 per diluted share last year. Capital expenditures were €418.9 million against €369.7 million last year. Adjusted net sales were €7,698.9 million against €7,312.6 million last year. Adjusted operating income was €1,177.6 million against €1,064.7 million last year. Adjusted net income attributable to stockholders was €687.4 million or €1.44 per share against €617.3 million or €1.31 per share last year. Free cash flow was €802 million against €648 million last year, as a result of improved profitability and continuous and efficient working capital management. The Wholesale and Retail divisions both contributed to the company’s strong net sales results. Net debt at December 31, 2014 decreased to €1,013 million against €1,461 million at December 31, 2013. EBITDA was €1,541.6 million against €1,422.3 million last year. Adjusted EBITDA was €1,561.6 million against €1,431.3 million last year. Operating cash flow was €1,250 million. For 2015, the company expects solid revenue growth and profitability to grow twice that of sales, as it has for the past five years, and sees continued growth across businesses in developed and new markets, with bright spots including Ray-Ban, Oakley and Sunglass Hut.

Luxottica Group SpA, Board Meeting, Mar 02, 2015

Luxottica Group SpA, Board Meeting, Mar 02, 2015. Agenda: To review consolidated preliminary earnings results for the fourth quarter and full year ended December 31, 2014.

 

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Industry Analysis

LUX

Industry Average

Valuation LUX Industry Range
Price/Earnings 39.2x
Price/Sales 3.3x
Price/Book 5.1x
Price/Cash Flow 39.4x
TEV/Sales 2.8x
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