Despite weak Q3, Luxottica affirms full year outlook

Announcing its results for the third quarter of FY17, Luxottica said that its net sales increased 0.8 percent at constant exchange but declined 3.5 percent at current exchange rates as a result of the strong euro appreciation against the main currencies. In the first nine months of the year, revenues rose by 1.5 percent at constant exchange and 1.7 percent at current exchange rates.