Insight Report 3 minutes PremiumLuxottica (LUX) FY15 Results: Growth Fails to Meet Expectations Coresight Research March 1, 2016 Executive Summary Luxottica reported FY15 EPS of US$1.86, an increase of 3.7% but below the consensus estimate of US$1.95. The company reported that revenue increased by 15.5%, to €8.8 billion, below consensus of €8.9 billion. Adjusted EBIT increased by 22.5%, to €1.4 billion, below the consensus estimate of €1.5 billion, while net income increased by 25.1%, to €804.1 million, below consensus of €855.1 million. Luxottica expects to generate 5%–6% revenue growth at constant exchange rates in FY16 and to increase investment to more than €1.5 billion over the next three years. 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: Holiday 2023: Hottest Toys—Here’s What Shoppers Are Set To Buy This SeasonHoliday 2023: US Retail Update—What We’ve Seen So Far as Retail Heads into Black FridayWeinswig’s Weekly: New Year’s Resolutions for Retail in 2024US Apparel and Beauty Spending Tracker, November 2023: Holiday Fuels Accelerated Clothing and Footwear Spending
