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**Company Information**
* **Name:** Luxottica Group S.p.A.
* **Stock Symbol:** LUX
* **Exchange:** New York Stock Exchange (NYSE)
* **Industry:** Eyewear
**Focus on Eyewear**
Luxottica is a global leader in the design, manufacture, and distribution of eyewear. Its portfolio includes iconic brands such as Ray-Ban, Oakley, Vogue Eyewear, and Persol. The company offers a wide range of products, including sunglasses, prescription eyeglasses, and sports eyewear.
**Financial Performance**
* **Revenue:** $16.4 billion in 2022
* **Net Income:** $2.4 billion in 2022
* **Earnings Per Share (EPS):** $6.26 in 2022
**Growth**
* **Revenue Growth:** 12.5% in 2022
* **EPS Growth:** 15.3% in 2022
* **Expansion:** Luxottica has been expanding its global presence through acquisitions and organic growth.
**Other Key Metrics**
* **Market Capitalization:** $45.5 billion as of March 8, 2023
* **Price-to-Earnings (P/E) Ratio:** 24.7 as of March 8, 2023
* **Dividend Yield:** 1.2% as of March 8, 2023
**Recent News and Developments**
* In 2023, Luxottica announced a partnership with Google to develop augmented reality (AR) eyewear.
* The company has been investing in digital innovation, including e-commerce and virtual try-on experiences.
* Luxottica has been recognized for its sustainability efforts, receiving a gold rating from the Sustainability Accounting Standards Board (SASB).
**Outlook**
Analysts are generally optimistic about Luxottica's future prospects. The company is expected to continue to benefit from strong demand for eyewear and its ongoing expansion efforts. However, the company faces competition from both traditional and emerging players in the eyewear industry.