Luxottica's takeover of Sunglass Hut values the US company at only 6 times its operating profit before interest and tax (Ebitda) and 76 percent of annual sales, based on the latter's results for the fiscal year ended last Feb. 3, which were reported last March 22.
Already an Eyewear Intelligence subscriber? Sign in here.
Buying a membership today will give you:
Or sign-up for a trial month for just 9,90€. To continue reading this article register now.