MIAMI—Innovative Eyewear, Inc. (NASDAQ: LUCYW), the developer and manufacturer of smart eyewear under the Lucyd, Lucyd Armor, Reebok, Nautica, and Eddie Bauer brands, has reported preliminary, unaudited net sales for the second quarter ended June 30, 2026, demonstrating an increase of approximately 71 percent year-over-year to $0.99 million. Growth continued to be led by the Lucyd Armor smart safety eyewear line, the company stated, with a sustained level of demand across the direct-to-consumer, online marketplace, and wholesale channels.
During the announcement, the company also teased “significant new retail partnerships in Canada and the United States,” pointing to a 50-store test it has been awarded with a major U.S. retailer that is expected to commence in September 2026. Additionally, the company reported receiving an initial purchase order from a leading Canadian optical retail group that operates 345 locations that it 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. The two retailers were not identified as of press time, but the company said it would “share additional details regarding these relationships as they progress.”
“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,” the announcement stated.
Further, the company advised that first-half 2026 net sales also increased approximately 71 percent year-over-year, reaching $1.77 million and contributing to the company’s 12th consecutive quarter of year-over-year revenue growth. It also unveiled the Lucyd Aero smart eyewear collection, which is expects to debut in October 2026 and is on track to be “the lightest smart eyewear model to date,” the company said, weighing under one ounce and delivering a natural look and feel, similar to traditional glasses.
“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.”
He added, “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.”
Last month, the company announced a new partnership with Encore Optical Laboratory, a VSP-accredited laboratory. Under the partnership, Encore Laboratory will be supporting Innovative Eyewear with prescription fulfillment for online channels, the company advised.
The company said it plans to release its full financial results for the second quarter in mid-August 2026.
