Tuesday, July 26, 2011

Luxottica's Star Continues to Shine

"Luxottica Group SpA, the luxury eyewear company, posted record second-quarter results Monday with net profit up 8% despite a sharp fall in the U.S. dollar against the euro," reports the Wall Street Journal. "Luxottica said net profit rose to €162 million from €150 million a year earlier, while earnings before interest and taxes rose 7.2% to €277 million." Read more if you subscribe to the WSJ.

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