Ray-Ban maker EssilorLuxottica sees second-quarter profit hit, scraps guidance
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PARIS (Reuters) - Ray-Ban maker EssilorLuxottica scrapped its financial guidance on Friday and warned of a hit to second-quarter profit due to the coronavirus crisis, adding it was putting some investments on hold as it halts production at selected sites. "At present, the company has insufficient visibility to provide an assessment of the full scope of COVID-19 impact, as the situation remains volatile," the eyewear maker said in a statement. "During the second quarter, the company expects..