Luxottica Group reported the appreciation of the dollar drove net sales up 13.4 percent, or 7.9 percent in currency neutral (c-n) terms, to €1.87 billion in the fourth quarter. On an adjusted basis, net sales grew by 14.9 percent (+9.3 percent c-n).
The Italian eyewear company, which owns the Oakley and Ray Ban sunglasses brands and the Sunglass Hut retail chain, said the addition of a 53rd week of retail sales in the most recent quarter accounted for approximately €60 million.
Fourth quarter
of 2014
|
(In millions of Euros) |
4Q 2014 |
4Q 2013 |
Change at constant exchange rates2 |
Change at current exchange rates |
|
Group |
1,867.0 |
1,645.9 |
+7.9% |
+13.4% |
|
Adjusted3,5 |
1,890.9 |
1,645.9 |
+9.3% |
+14.9% |
|
Wholesale Division |
704.2 |
644.2 |
+6.5% |
+9.3% |
|
Retail Division |
1,162.8 |
1,001.7 |
+8.7% |
+16.1% |
|
Adjusted3,5 |
1,186.7 |
1,001.7 |
+11.1% |
+18.5% |
