Luxottica Group (LUX)

Need some killer D&G or Versace sunglasses that will make you look semi-famous? Luxottica will hook you up. The company designs, manufactures, and sells prescription frames and sunglasses under house and designer brands such as Ray-Ban, Oakley, Prada, Chanel, Dolce & Gabbana, Versace, DKNY, and many others. Its products can be found in 5,280 owned or leased retail locations and 454 franchised locations world-wide.

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BoomHe4dshoot posted some buzz about Luxottica Group - 15 days ago

Im lossing money

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jussme posted some buzz about Luxottica Group - almost 3 years ago

im loosin money !! ill stay in one more day

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hikingchik posted some buzz about Luxottica Group - about 3 years ago

hikingchik thinks if Luxottica Group were a classic videogame character, it would be Super Mario.

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anjy rulz posted some buzz about Luxottica Group - about 3 years ago

anjy rulz thinks if Luxottica Group were a book, it would be a trashy romance novel.

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Erica posted some buzz about Luxottica Group - over 3 years ago

By: Erica Feldkamp, WeSeed Writer From Audrey Hepburn to Jessica Simpson, Hollywood mavens might to do the walking, but their aviators do all the talking. Aviator sunglasses have been popular well before any of these starlets ever saw a camera crew. This summer, the aviators might hit their peak performance, with stars like Angelina Jolie wearing them like a tattoo. So as stores stock up on these shades, you might consider "stocking" up yourself. Now, before I get to that 30% discount you're dying to hear about, who is credited with developing these must-have specs? A. Ray-Ban B. Bausch & Lomb C. A pilot D. All of the above Jessica Simpson might say, "None of the above. The answer is clearly chicken." But for all you who picked A, B, or C, well... you're at least partially correct. In 1937, Pilot John MacCready asked Bausch & Lomb to create a pair of sunglasses to protect pilots' eyes. The Ray-Ban Aviator's popularity soared as pictures of aviator-donning General MacArthur hit U.S. Since then, Hollywood-types, high socialites, and this guy, have maintained the pilot style long after D-Day. Ogled and acquired by Luxottica (LUX), the world's largest eyewear giant, Ray-Ban and recently-added Oakley are profitable additions to Luxottica's high-end spec line. Luxottica's owned or licensed brands include many you know well: Chanel, Bulgari, Dolce&Gabbana,Versace and Tiffany. As of the 2007 fiscal year close, shareholders received a dividend payout of 45 percent from the European market, up 17 percent from the previous year. Keeping its eyes on future growth, Luxottica just announced a 700 storefront expansion in China, offering its pricey shades and prescription eyewear to China's brand-oriented and apparently visually-challenged population. Over 90 percent of its middle aged and elderly population and greater than 80 percent of school age children need glasses. Cha-ching. However, due to the weakened dollar and slowing sales of high-end products, Luxottica's share value has dipped 31 percent from its 52 week high of $39.39. With the 'green' light from the WeSeed Fair Price Tool, now might be prime time to pay attention to this good buy, especially if you know something others don't. Draw from your own experience or check out what others are saying here. Who knows, now might be the time to accessorize your WeSeed portfolio before this stock gets any brighter.

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Events

  • June192012
    Luxottica Group SpA Presents at 9th Annual Deutsche Bank Global Consumer Conference 2012, Jun-19-2012
  • July262012
    Luxottica Group SpA to Report First Half, 2012 Results on Jul 26, 2012
  • July262012
    Luxottica Group SpA, H1 2012 Earnings Call, Jul 26, 2012
  • October252012
    Luxottica Group SpA to Report Nine Months, 2012 Results on Oct 25, 2012
  • February282013
    Luxottica Group SpA expected to report Fiscal Year 2012 results on February 28, 2013. This event was calculated by Capital IQ (Created on May 11, 2012).

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Current price per share


Today's gain: $-0.64 (-1.90%)

Is this a fair price given publicly available information?
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