Luxottica reiterated its earnings forecast of 1.11 euros to 1.14 euros ($1.70 to $2.05) per share for 2008, the first full year with contributions from the Oakley acquisition. The company paid $2 billion for Oakley last June. Luxottica said Oakley's wholesale business is about three times the size of its retail business. Oakley’s business shifts the majority of overall LUX sales from the retail business that includes Sunglass Hut to wholesale.