Are extended warranties worth it? Not so much, experts say [Los Angeles Times (CA)]
ESSILOR LXTTCA UNSP/ADR (ESLOY)
NASDAQ:AMEX Investor Relations:
essilor.com/en/investors
Company Research
Source: Los Angeles Times
Consumers generally don’t need extended warranties. “They are cash cows for retailers,” said Linda Sherry, a spokeswoman for the advocacy group Consumer Action. “Salespeople get commissions, which is why they push them so hard.” But that doesn’t mean you want to dismiss the idea of purchasing extra protection in all cases. A tipster working in the eyewear industry contacted me the other day to warn that the $35 extended warranties sold by LensCrafters, Target Optical, Pearle Vision and other chains owned by glasses behemoth EssilorLuxottica are a waste of money. “The breakage warranties that are being sold to patients of stores owned by Luxottica are a huge rip-off,” the tipster said. “Every eyewear lab offers one free remake to the stores. Therefore, the $35 being charged to patients is simply money in Luxottica’s corporate pocket.” That’s not the whole story, though. I contacted a half-dozen optical labs throughout Southern California, and each said they stand behind their lenses fo
Show less
Read more
Impact Snapshot
Event Time:
ESLOY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ESLOY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ESLOY alerts
High impacting ESSILOR LXTTCA UNSP/ADR news events
Weekly update
A roundup of the hottest topics
ESLOY
News
- Man charged in connection with two dozen retail thefts at San Francisco stores [CBS News]CBS News
- EYEBUYDIRECT LAUNCHES NEW PRIDE COLLECTION AND CELEBRATES FIFTH YEAR OF PARTNERSHIP WITH THE TREVOR PROJECT [Yahoo! Finance]Yahoo! Finance
- LensCrafters Celebrates Grand Opening of New Store in Cicero, New York [Yahoo! Finance]Yahoo! Finance
- LensCrafters Celebrates Grand Opening of New Store in Cicero, New YorkPR Newswire
- Insticator Launches COOL Comments, a Leap Forward in Online Community-Building [Yahoo! Finance]Yahoo! Finance