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: Weekly US and UK Store Openings and Closures Tracker 2024, Week 30: Conn’s and Carpetright Close Stores Following Bankruptcy FilingsHead-to-Head in Global CPG: Procter & Gamble vs. UnileverUS Dresswear Retailing: Sales To Dwindle in 2023 as Pent-Up Demand FadesWeinswig’s Weekly: Singles’ Day 2023—Opportunities in China and Worldwide
