Expands Retail Footprint
MIAMI, July 6, 2026 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), the developer & manufacturer of smart eyewear under the Lucyd®, Lucyd Armor®, Reebok®, Nautica®, and Eddie Bauer® brands, today reported preliminary, unaudited net sales for the second quarter ended June 30, 2026, up approximately 71% year-over-year, alongside significant new retail partnerships in Canada and the United States.
First-half 2026 net sales jumped approximately 71% year-over-year to $1.77 million, the Company's twelfth consecutive quarter of year-over-year revenue growth, with Q2 sales increasing 71% year over year to $0.99 million. During the quarter, Innovative Eyewear secured an initial purchase order from a leading Canadian optical retail group operating 345 locations, and was awarded a 50-store test with one of the world's largest retailers.
Preliminary Second Quarter 2026 Results
Preliminary Q2 2026 net sales of approximately $0.99 million, an increase of approximately 71% over Q2 2025.
Preliminary first-half 2026 net sales of approximately $1.77 million, an increase of approximately 71% over the first half of 2025.
Twelfth consecutive quarter of year-over-year revenue growth.
Growth continues to be led by the Lucyd Armor® smart safety eyewear line, with sustained demand across the Company's direct-to-consumer, online marketplace, and wholesale channels.
Expanding Retail Footprint
The Company is accelerating its wholesale and brick-and-mortar retail strategy, which it expects to be a meaningful driver of revenue in the second half of 2026 and beyond:
Canada: Innovative Eyewear has received an initial purchase order from a leading Canadian optical retail group that operates 345 locations, which the Company expects will help establish its smart eyewear, led by Lucyd Armor®, as a featured offering across the group's stores. Product deployment is expected to begin in the third quarter of 2026.
United States: The Company has been awarded a 50-store test with a major U.S. retailer, which is expected to commence in September 2026.
The Company intends to share additional details regarding these relationships as they progress.
Update Webinar
The Company is conducting a webinar on corporate progress this week, to be held virtually on Wednesday, July 8th at 12:00pm ET. To register to attend the webinar, which will be held over Zoom, please sign up here.
Management Commentary
"Our preliminary second-quarter results reflect broad-based momentum across our smart eyewear portfolio," said Harrison Gross, CEO of Innovative Eyewear. "What excites me most is how quickly our team is opening the wholesale channel. With an initial order in hand from a leading Canadian optical retailer operating 345 locations, and a 50-store test secured with a major U.S. big-box retailer, we believe we are building the foundation for a transformative expansion of our retail presence and our revenue in future periods. Lucyd products bring a clear competitive edge over other smart eyewear, thanks to our breadth of styles, ANSI certification, premium build quality and affordable price points. Retailers are recognizing the value in our portfolio, and these two new wholesale partners are just the beginning. I expect Lucyd products to be on many new store shelves in the next year."