Luxottica Reaches An 11.9% Net Margin, Anticipates A Temporary Dip

The market leader posted higher earnings in the 4th quarter, in spite of disappointing Christmas sales in the USA that led to a 1.5 percent decline in retail sales on a same-store basis. However, Luxottica's chairman, Leonardo Del Vecchio, predicted yesterday that there will be no more growth in profit ...

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