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: Responses to Inflation—Shoppers Are Less Inclined To Cut Back Discretionary Spending: US Consumer Survey InsightsMaximizing Growth Potential in DTC: Four Tech-Driven Strategies for Direct-to-Consumer Businesses To Scale and SucceedRetail Shrink and ORC: Legislative Momentum Grows and New Tech Solutions Emerge To Tackle TheftUS Apparel and Beauty Spending Tracker, May 2023: Clothing, Footwear and Beauty Spending Growth All Moderate Further