{"success":true,"data":{"pressRelease":{"id":"161756","rtpr_id":"nPn5twTJpa-20261006","ticker":"LUCY","exchange":"NASDAQ","all_tickers":["LUCY","LUCYW"],"title":"Innovative Eyewear Reports Record Preliminary Q3 2026 Net Sales, Up 55% Year-Over-Year","author":"PR Newswire","published_at":"2026-10-06T12:00:04.255Z","article_body":"Innovative Eyewear Reports Record Preliminary Q3 2026 Net Sales, Up 55% Year-Over-Year\nPR Newswire\n\nMIAMI, Oct. 6, 2026\n\nThirteenth Consecutive Quarter of Growth Ahead of Major Wholesale Launches\n\nMIAMI, Oct. 6, 2026 /PRNewswire/ -- Innovative Eyewear, Inc. (\"Innovative\nEyewear\" or the \"Company\") (NASDAQ: LUCY; LUCYW), the developer and\nmanufacturer of smart eyewear under the Lucyd(®), Lucyd Armor(®),\nReebok(®), Nautica(®), and Eddie Bauer(®) brands, today reported\npreliminary unaudited net sales for the third quarter ended September 30,\n2026, and provided an update on the expansion of its wholesale and\ninternational channels.\n\nPreliminary Third Quarter 2026 Net Sales\n\n * Preliminary Q3 2026 net sales of approximately $1.04 million, an increase of\napproximately 55% over Q3 2025 and the highest quarterly net sales in the\nCompany's history.\n * Q3 2026 growth came on top of a 163% year-over-year increase in Q3 2025.\n * Thirteenth consecutive quarter of year-over-year revenue growth.\n * Preliminary net sales for the nine months ended September 30, 2026, were\napproximately $2.8 million, an increase of approximately 66% over the nine\nmonths ended September 30, 2025.\n * Nine-month net sales already exceed the Company's net sales of $2.66 million\nfor the full year ended December 31, 2025. Historically, the fourth quarter is\nthe Company's strongest quarter of the year.\n * Third quarter growth reflected an increase of approximately 25% in\ndirect-to-consumer and online marketplace sales and the first shipments under\nthe Company's new wholesale programs. The wholesale expansion is expected to\nhave a more meaningful effect on net sales beginning in the fourth quarter of\n2026 and into 2027.\nWholesale and International Expansion\n\n * United States: In September, the Company received and shipped an initial\npurchase order from one of the largest big-box retailers in the U.S. for its\npreviously announced Lucyd Armor(®) rollout. The retailer plans to offer the\nproducts in more than 150 of its stores nationwide, with in-store sales\nexpected to begin in October 2026. The newly launching locations have been\nadded to the Lucyd.co\nstore locator\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4789939-1&h=1014328719&u=https%3A%2F%2Flucyd.co%2Fpages%2Fstore-locations&a=store+locator)\n\n, with product expected to be available at these locations this month.\n * Canada: The previously announced retail launch with FYihealth Group, operator\nof the FYidoctors, Visique and Solis optical clinic networks, commenced during\nthe third quarter, and product placement is underway across approximately 345\nlocations. The Company shipped initial stock and in-store demonstration units\nto the network in July, and subsequent restocks have begun shipping.\n * Australia / New Zealand: The Company received initial purchase orders for\nmore than 3,000 smart eyewear units from Directed Electronics, its exclusive\ndistributor for Australia and New Zealand. The orders are expected to ship in\nOctober 2026 and are not included in third quarter net sales. Directed\nElectronics has more than 20 years of experience bringing international\nconsumer electronics brands to market across Australia and New Zealand.\nManagement Commentary\n\n\"Our preliminary third quarter results reflect continued progress in executing\nour growth strategy,\" said Harrison Gross, CEO of Innovative Eyewear. \"We\ndelivered the highest quarterly net sales in our history while intentionally\nrunning promotional pricing on older models and conserving advertising and\nmarketing spend. That approach clears the way for the planned fourth quarter\nlaunch of Lucyd Aero™, our lightest and most advanced smartglasses to date,\nas we head into what has historically been our strongest quarter of the year.\nAt the same time, we opened three new wholesale and international channels\nduring the quarter: a major U.S. big-box retailer, FYihealth Group in Canada,\nand Directed Electronics in Australia and New Zealand. We anticipate that\nthese new channels will enhance our growth in the fourth quarter of 2026 and\ninto 2027.\"\n\nThe preliminary net sales figures in this press release are estimates based on\ninformation available to management as of the date of this release. They are\nunaudited and remain subject to completion of the Company's quarter-end\nfinancial close procedures and of the review of its interim financial\nstatements by its independent registered public accounting firm. That firm has\nnot audited, reviewed, compiled or performed any procedures with respect to\nthese preliminary figures and does not express an opinion or any other form of\nassurance on them. Actual results may differ materially from these preliminary\nestimates. The Company expects to report its full third quarter 2026 financial\nresults in mid-November 2026 with the filing of its Quarterly Report on Form\n10-Q.\n\nAbout Innovative Eyewear, Inc.\n\nInnovative Eyewear is a developer and manufacturer of cutting-edge\nChatGPT-enabled smart eyewear, under the Lucyd(®), Lucyd Armor(®),\nReebok(®), Nautica(®) and Eddie Bauer(®) brands. True to our mission\nto Upgrade Your Eyewear(®), our Bluetooth audio glasses allow users to stay\nsafely and ergonomically connected to their digital lives and are offered in\nhundreds of frame and lens combinations to meet the needs of the optical,\nsunglass, sporting goods and safety eyewear markets. To learn more and explore\nour continuously evolving collection of smart eyewear, please\nvisit www.lucyd.co\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4789939-1&h=3328802305&u=https%3A%2F%2Fedge.prnewswire.com%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4567909-1%26h%3D1080693495%26u%3Dhttp%253A%252F%252Fwww.lucyd.co%252F%26a%3Dwww.lucyd.co&a=www.lucyd.co)\n.\n\nForward-Looking Statements\n\nThis press release contains certain forward-looking statements, including\nthose relating to preliminary third quarter 2026 net sales, the expected\ntiming of shipments and retail placement under initial purchase orders, the\nplanned launch of Lucyd Aero™, and growth expectations for the fourth\nquarter of 2026 and fiscal year 2027. Forward-looking statements are based on\nthe Company's current expectations and assumptions. The Private Securities\nLitigation Reform Act of 1995 provides a safe harbor for forward-looking\nstatements. These statements may be identified by the use of forward-looking\nexpressions, including, but not limited to, \"anticipate,\" \"believe,\"\n\"continue,\" \"estimate,\" \"expect,\" \"future,\" \"intend,\" \"may,\" \"outlook,\"\n\"plan,\" \"potential,\" \"predict,\" \"project,\" \"should,\" \"will,\" \"would\" and\nsimilar expressions that predict or indicate future events or trends or that\nare not statements of historical matters, but the absence of these words does\nnot mean that a statement is not forward-looking. The Company undertakes no\nobligation to publicly update any forward-looking statement, whether as a\nresult of new information, future events or otherwise, except as required by\nlaw. Important factors that could cause actual results to differ materially\nfrom those in the forward-looking statements are set forth in the Company's\nfilings with the Securities and Exchange Commission, including its Annual\nReport on Form 10-K for the year ended December 31, 2025 and its subsequent\nQuarterly Reports on Form 10-Q, under the caption \"Risk Factors.\" These\nfactors include, among others: adjustments to preliminary net sales arising\nfrom completion of the Company's quarter-end close and the review of its\ninterim financial statements; the timing and volume of orders, reorders,\nshipments and sell-through at the Company's retail and distribution partners;\nthe timing and market acceptance of new products, including Lucyd Aero™; the\nCompany's ability to obtain additional financing and to continue as a going\nconcern; and the Company's ability to maintain compliance with The Nasdaq\nStock Market's continued listing requirements.\n\nInvestor Relations Contact:\n\nSkyline Corporate Communications Group, LLC\nScott Powell, President\n1177 Avenue of the Americas, 5th Floor\nNew York, NY 10036\nOffice: +1 (646) 893-5835\nEmail: ir@skylineccg.com (mailto:ir@skylineccg.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/innovative-eyewear-reports-record-preliminary-q3-2026-net-sales-up-55-year-over-year-302898985.html\n(https://www.prnewswire.com/news-releases/innovative-eyewear-reports-record-preliminary-q3-2026-net-sales-up-55-year-over-year-302898985.html)\n\nSOURCE Innovative Eyewear, Inc.\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS2002693/lucyd-aero.jpg?id=OA2988265\nhttps://mmx.prnewswire.com/media/MS1594909/Innovative-Eyewear-Inc-Logo.jpg?id=OA2988258\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn5twTJpa-20261006","title":"Innovative Eyewear Reports Record Preliminary Q3 2026 Net Sales, Up 55% Year-Over-Year","author":"PR Newswire","ticker":"LUCY","created":"2026-10-06T12:00:04.255Z","tickers":["LUCY","LUCYW"],"exchange":"NASDAQ","article_body":"Innovative Eyewear Reports Record Preliminary Q3 2026 Net Sales, Up 55% Year-Over-Year\nPR Newswire\n\nMIAMI, Oct. 6, 2026\n\nThirteenth Consecutive Quarter of Growth Ahead of Major Wholesale Launches\n\nMIAMI, Oct. 6, 2026 /PRNewswire/ -- Innovative Eyewear, Inc. (\"Innovative\nEyewear\" or the \"Company\") (NASDAQ: LUCY; LUCYW), the developer and\nmanufacturer of smart eyewear under the Lucyd(®), Lucyd Armor(®),\nReebok(®), Nautica(®), and Eddie Bauer(®) brands, today reported\npreliminary unaudited net sales for the third quarter ended September 30,\n2026, and provided an update on the expansion of its wholesale and\ninternational channels.\n\nPreliminary Third Quarter 2026 Net Sales\n\n * Preliminary Q3 2026 net sales of approximately $1.04 million, an increase of\napproximately 55% over Q3 2025 and the highest quarterly net sales in the\nCompany's history.\n * Q3 2026 growth came on top of a 163% year-over-year increase in Q3 2025.\n * Thirteenth consecutive quarter of year-over-year revenue growth.\n * Preliminary net sales for the nine months ended September 30, 2026, were\napproximately $2.8 million, an increase of approximately 66% over the nine\nmonths ended September 30, 2025.\n * Nine-month net sales already exceed the Company's net sales of $2.66 million\nfor the full year ended December 31, 2025. Historically, the fourth quarter is\nthe Company's strongest quarter of the year.\n * Third quarter growth reflected an increase of approximately 25% in\ndirect-to-consumer and online marketplace sales and the first shipments under\nthe Company's new wholesale programs. The wholesale expansion is expected to\nhave a more meaningful effect on net sales beginning in the fourth quarter of\n2026 and into 2027.\nWholesale and International Expansion\n\n * United States: In September, the Company received and shipped an initial\npurchase order from one of the largest big-box retailers in the U.S. for its\npreviously announced Lucyd Armor(®) rollout. The retailer plans to offer the\nproducts in more than 150 of its stores nationwide, with in-store sales\nexpected to begin in October 2026. The newly launching locations have been\nadded to the Lucyd.co\nstore locator\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4789939-1&h=1014328719&u=https%3A%2F%2Flucyd.co%2Fpages%2Fstore-locations&a=store+locator)\n\n, with product expected to be available at these locations this month.\n * Canada: The previously announced retail launch with FYihealth Group, operator\nof the FYidoctors, Visique and Solis optical clinic networks, commenced during\nthe third quarter, and product placement is underway across approximately 345\nlocations. The Company shipped initial stock and in-store demonstration units\nto the network in July, and subsequent restocks have begun shipping.\n * Australia / New Zealand: The Company received initial purchase orders for\nmore than 3,000 smart eyewear units from Directed Electronics, its exclusive\ndistributor for Australia and New Zealand. The orders are expected to ship in\nOctober 2026 and are not included in third quarter net sales. Directed\nElectronics has more than 20 years of experience bringing international\nconsumer electronics brands to market across Australia and New Zealand.\nManagement Commentary\n\n\"Our preliminary third quarter results reflect continued progress in executing\nour growth strategy,\" said Harrison Gross, CEO of Innovative Eyewear. \"We\ndelivered the highest quarterly net sales in our history while intentionally\nrunning promotional pricing on older models and conserving advertising and\nmarketing spend. That approach clears the way for the planned fourth quarter\nlaunch of Lucyd Aero™, our lightest and most advanced smartglasses to date,\nas we head into what has historically been our strongest quarter of the year.\nAt the same time, we opened three new wholesale and international channels\nduring the quarter: a major U.S. big-box retailer, FYihealth Group in Canada,\nand Directed Electronics in Australia and New Zealand. We anticipate that\nthese new channels will enhance our growth in the fourth quarter of 2026 and\ninto 2027.\"\n\nThe preliminary net sales figures in this press release are estimates based on\ninformation available to management as of the date of this release. They are\nunaudited and remain subject to completion of the Company's quarter-end\nfinancial close procedures and of the review of its interim financial\nstatements by its independent registered public accounting firm. That firm has\nnot audited, reviewed, compiled or performed any procedures with respect to\nthese preliminary figures and does not express an opinion or any other form of\nassurance on them. Actual results may differ materially from these preliminary\nestimates. The Company expects to report its full third quarter 2026 financial\nresults in mid-November 2026 with the filing of its Quarterly Report on Form\n10-Q.\n\nAbout Innovative Eyewear, Inc.\n\nInnovative Eyewear is a developer and manufacturer of cutting-edge\nChatGPT-enabled smart eyewear, under the Lucyd(®), Lucyd Armor(®),\nReebok(®), Nautica(®) and Eddie Bauer(®) brands. True to our mission\nto Upgrade Your Eyewear(®), our Bluetooth audio glasses allow users to stay\nsafely and ergonomically connected to their digital lives and are offered in\nhundreds of frame and lens combinations to meet the needs of the optical,\nsunglass, sporting goods and safety eyewear markets. To learn more and explore\nour continuously evolving collection of smart eyewear, please\nvisit www.lucyd.co\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4789939-1&h=3328802305&u=https%3A%2F%2Fedge.prnewswire.com%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4567909-1%26h%3D1080693495%26u%3Dhttp%253A%252F%252Fwww.lucyd.co%252F%26a%3Dwww.lucyd.co&a=www.lucyd.co)\n.\n\nForward-Looking Statements\n\nThis press release contains certain forward-looking statements, including\nthose relating to preliminary third quarter 2026 net sales, the expected\ntiming of shipments and retail placement under initial purchase orders, the\nplanned launch of Lucyd Aero™, and growth expectations for the fourth\nquarter of 2026 and fiscal year 2027. Forward-looking statements are based on\nthe Company's current expectations and assumptions. The Private Securities\nLitigation Reform Act of 1995 provides a safe harbor for forward-looking\nstatements. These statements may be identified by the use of forward-looking\nexpressions, including, but not limited to, \"anticipate,\" \"believe,\"\n\"continue,\" \"estimate,\" \"expect,\" \"future,\" \"intend,\" \"may,\" \"outlook,\"\n\"plan,\" \"potential,\" \"predict,\" \"project,\" \"should,\" \"will,\" \"would\" and\nsimilar expressions that predict or indicate future events or trends or that\nare not statements of historical matters, but the absence of these words does\nnot mean that a statement is not forward-looking. The Company undertakes no\nobligation to publicly update any forward-looking statement, whether as a\nresult of new information, future events or otherwise, except as required by\nlaw. Important factors that could cause actual results to differ materially\nfrom those in the forward-looking statements are set forth in the Company's\nfilings with the Securities and Exchange Commission, including its Annual\nReport on Form 10-K for the year ended December 31, 2025 and its subsequent\nQuarterly Reports on Form 10-Q, under the caption \"Risk Factors.\" These\nfactors include, among others: adjustments to preliminary net sales arising\nfrom completion of the Company's quarter-end close and the review of its\ninterim financial statements; the timing and volume of orders, reorders,\nshipments and sell-through at the Company's retail and distribution partners;\nthe timing and market acceptance of new products, including Lucyd Aero™; the\nCompany's ability to obtain additional financing and to continue as a going\nconcern; and the Company's ability to maintain compliance with The Nasdaq\nStock Market's continued listing requirements.\n\nInvestor Relations Contact:\n\nSkyline Corporate Communications Group, LLC\nScott Powell, President\n1177 Avenue of the Americas, 5th Floor\nNew York, NY 10036\nOffice: +1 (646) 893-5835\nEmail: ir@skylineccg.com (mailto:ir@skylineccg.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/innovative-eyewear-reports-record-preliminary-q3-2026-net-sales-up-55-year-over-year-302898985.html\n(https://www.prnewswire.com/news-releases/innovative-eyewear-reports-record-preliminary-q3-2026-net-sales-up-55-year-over-year-302898985.html)\n\nSOURCE Innovative Eyewear, Inc.\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS2002693/lucyd-aero.jpg?id=OA2988265\nhttps://mmx.prnewswire.com/media/MS1594909/Innovative-Eyewear-Inc-Logo.jpg?id=OA2988258\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-10-06T12:00:04.308195604Z","server_sent_at_ms":1791288004308},"received_at":"2026-10-06T12:00:04.358Z","source_url":"https://www.prnewswire.com/news-releases/innovative-eyewear-reports-record-preliminary-q3-2026-net-sales-up-55-year-over-year-302898985.html"},"analysis":{"id":"150271","press_release_id":"161756","analysis_json":{"industry":{"label":"Technology Hardware, Storage & Peripherals","sector":"Consumer Discretionary"},"redFlags":["figures are preliminary, unaudited, and subject to change upon quarter-end close and accountant review","going-concern and additional-financing risk cited in forward-looking statement factors","Nasdaq continued-listing compliance risk cited","micro-cap scale (~$1M quarterly revenue) means high headline growth percentages reflect a small base"],"eventType":"earnings","narrative":"Innovative Eyewear reported record preliminary Q3 2026 net sales of approximately $1.04 million, up roughly 55% year-over-year and the highest quarterly net sales in company history.\n\nNine-month net sales reached about $2.8 million, up 66% YoY and already exceeding the company's full-year 2025 net sales of $2.66 million. Growth came from a ~25% increase in direct-to-consumer and online marketplace sales plus first wholesale shipments.\n\nThree new channels opened during the quarter: a U.S. big-box retailer rolling out Lucyd Armor in 150+ stores starting October, FYihealth Group's ~345 Canadian clinic locations, and initial orders for 3,000+ units from Directed Electronics in Australia and New Zealand. Management expects wholesale expansion to have a larger revenue impact in Q4 2026 and into 2027, ahead of the planned Q4 launch of Lucyd Aero smartglasses.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Record preliminary quarter and three new wholesale channels set up a pivotal Q4 with the Lucyd Aero launch -- but going-concern and Nasdaq listing risks loom for this micro-cap."},"keyFigures":{"revenue":"$1.04 million","revenueYoy":"55%","customDimensions":{"canada_locations":"approximately 345","fy2025_net_sales":"$2.66 million","bigbox_store_count":"150+","nine_month_net_sales":"$2.8 million","prior_year_q3_growth":"163%","nine_month_yoy_growth":"66%","australia_nz_initial_order_units":"more than 3,000"}},"quotedText":"We delivered the highest quarterly net sales in our history while intentionally running promotional pricing on older models and conserving advertising and marketing spend.","namedEntities":{"people":[{"name":"Harrison Gross","role":"CEO"},{"name":"Scott Powell","role":"President, Skyline Corporate Communications Group (IR contact)"}],"products":["Lucyd","Lucyd Armor","Lucyd Aero","Reebok smart eyewear","Nautica smart eyewear","Eddie Bauer smart eyewear"],"companies":[{"name":"Innovative Eyewear, Inc.","ticker":"LUCY","relationship":"filer"},{"name":"FYihealth Group","relationship":"retail partner (Canada)"},{"name":"Directed Electronics","relationship":"exclusive distributor (Australia/New Zealand)"},{"name":"Skyline Corporate Communications Group, LLC","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$1.04 million","context":"preliminary Q3 2026 net sales"},{"amount":"$2.8 million","context":"preliminary nine-month 2026 net sales"},{"amount":"$2.66 million","context":"full-year 2025 net sales"}]},"materialImpact":{"score":3,"reasoning":"Record preliminary quarterly net sales up ~55% YoY with 13 consecutive growth quarters and new wholesale channels opening; but the company is micro-cap with ~$1M quarterly sales and figures are unaudited and subject to change."},"tickerRelevance":{"others":[{"ticker":"LUCYW","relevance":"warrant on the same issuer"}],"primary":"LUCY"},"globalImportance":22,"audienceRelevance":30,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"record preliminary revenue preannouncement","marketCapAdjustment":"very small revenue base limits market-moving potential","retailFavoriteBoost":"smart eyewear/AI-wearables angle adds some retail interest"}},"event_type":"earnings","event_type_secondary":["operations_update"],"sentiment":"bullish","material_impact_score":3,"narrative":"Innovative Eyewear reported record preliminary Q3 2026 net sales of approximately $1.04 million, up roughly 55% year-over-year and the highest quarterly net sales in company history.\n\nNine-month net sales reached about $2.8 million, up 66% YoY and already exceeding the company's full-year 2025 net sales of $2.66 million. Growth came from a ~25% increase in direct-to-consumer and online marketplace sales plus first wholesale shipments.\n\nThree new channels opened during the quarter: a U.S. big-box retailer rolling out Lucyd Armor in 150+ stores starting October, FYihealth Group's ~345 Canadian clinic locations, and initial orders for 3,000+ units from Directed Electronics in Australia and New Zealand. Management expects wholesale expansion to have a larger revenue impact in Q4 2026 and into 2027, ahead of the planned Q4 launch of Lucyd Aero smartglasses.","key_figures":{"revenue":"$1.04 million","revenueYoy":"55%","customDimensions":{"canada_locations":"approximately 345","fy2025_net_sales":"$2.66 million","bigbox_store_count":"150+","nine_month_net_sales":"$2.8 million","prior_year_q3_growth":"163%","nine_month_yoy_growth":"66%","australia_nz_initial_order_units":"more than 3,000"}},"named_entities":{"people":[{"name":"Harrison Gross","role":"CEO"},{"name":"Scott Powell","role":"President, Skyline Corporate Communications Group (IR contact)"}],"products":["Lucyd","Lucyd Armor","Lucyd Aero","Reebok smart eyewear","Nautica smart eyewear","Eddie Bauer smart eyewear"],"companies":[{"name":"Innovative Eyewear, Inc.","ticker":"LUCY","relationship":"filer"},{"name":"FYihealth Group","relationship":"retail partner (Canada)"},{"name":"Directed Electronics","relationship":"exclusive distributor (Australia/New Zealand)"},{"name":"Skyline Corporate Communications Group, LLC","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$1.04 million","context":"preliminary Q3 2026 net sales"},{"amount":"$2.8 million","context":"preliminary nine-month 2026 net sales"},{"amount":"$2.66 million","context":"full-year 2025 net sales"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-06T12:00:39.790Z","global_importance":22,"audience_relevance":30,"importance_components":{"tickerTier":"micro-cap","eventGravity":"record preliminary revenue preannouncement","marketCapAdjustment":"very small revenue base limits market-moving potential","retailFavoriteBoost":"smart eyewear/AI-wearables angle adds some retail interest"}},"durationMs":7491,"modelName":"glm-5.3-flashx"}}