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: Singles’ Day 2023 Performance: Positive Reports from Major E-Commerce PlatformsWeekly US and UK Store Openings and Closures Tracker 2023, Week 23: US Closures Up 61%Retail Shrink and ORC: Is Self-Checkout on the Way Out? US Retailers Scale Back To Fight TheftEconomic Sentiment Converges as Pessimism Eases: US Consumer Survey Insights
