Insight Report 3 minutes PremiumLuxottica (LUX) 3Q16 Trading Update: Sales in Line, FY16 Guidance Confirmed Coresight Research October 25, 2016 Executive Summary Luxottica reported that 3Q16 adjusted revenue increased by 1.2% (1.4% in constant currency), to €2.2 billion, in line with the consensus estimate. Sales growth was driven by solid performance in Europe and some emerging markets, as well as by acceleration in the retail segment. Luxottica e-commerce sales increased by 18% year over year at constant exchange rates. The company confirmed its FY16 guidance outlook. It expects to generate 2%–3% revenue growth at constant exchange rates and to grow FY16 operating and net income in line with sales. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Generative AI for US Retail Pharmacies and Healthcare: Satisfying Customers through Automation and PersonalizationMacy’s Announces 150 Store Closures—A Turnaround Effort To Drive PerformanceCountdown to China’s Singles’ Day 2023: One Month To Go—Major Platforms’ Plans for the Shopping FestivalDay One at NRF 2023: Retail’s Big Show—Personalization Drives Retail Relevance at Every Consumer Touchpoint