Company Earnings Update 3 minutesRegister for Free AccessLuxottica (MIL:LUX) 1Q17 Trading Update: North American Sales Underperforming Coresight Research May 2, 2017 Executive Summary Luxottica reported that its adjusted revenue in 1Q17 increased to €2,384 million, up 5.2% year over year and up 1.9% at constant currency. The result was slightly above the consensus estimate of €2,377 million. Sales growth was driven by a very strong performance in Europe and Latin America, as well as by a solid performance in the retail division. Luxottica e-commerce sales increased by 6% year over year at constant exchange rates. Comparable store sales declined by 2.9% year over year at LensCrafters and by 5.4% at Sunglass Hut. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US Consumer Tracker: More Consumers Get Out and About“Let’s Talk Beauty”: Innovation, Digital Transformation and Sustainability Are Strategic Priorities for L’Oréal2023 US Tax Tracker #3: IRS Issues $199 Billion in Refunds, Average Refund Declines by 9%Holiday 2023: Festive Frenzy of Social Commerce—Seven Social Media Strategies To Drive Engagement
