Innovative Eyewear estimates record Q3 net sales
The quarter added three wholesale and international channels, while the Lucyd Aero launch is planned for holiday 2026.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Innovative Eyewear (LUCY) reported preliminary, unaudited net sales for the third quarter ended September 30, 2026; management described them as the highest quarterly net sales in company history. The estimates remain subject to completion of quarter-end close procedures and review of interim financial statements, and actual results may differ materially.
During the quarter, the company opened three wholesale and international channels: a major U.S. big-box retailer, FYihealth Group in Canada, and Directed Electronics in Australia and New Zealand. The company plans to launch Lucyd Aero for holiday 2026 and expects to report full third-quarter results in mid-November 2026.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Moderate pointManagement said preliminary Q3 2026 net sales were its highest quarterly sales.
Negative
- None.
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8-K Event Classification
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preliminary unaudited net sales financial
quarter-end financial close procedures financial
sell-through financial
initial purchase orders financial
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When will LUCY report full third-quarter 2026 results?
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant
to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
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| The |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
| Item 2.02 | Results of Operations and Financial Condition. |
On October 6, 2026, Innovative Eyewear, Inc. (the “Company”) issued a press release announcing preliminary financial results and operational highlights for the third quarter of 2026. A copy of the press release is filed as Exhibit 99.1 to this current report on Form 8-K.
This information is intended to be furnished under Items 2.02 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act as shall be expressly set forth by specific reference in such a filing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Press release, dated October 6, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: October 8, 2026
| By: | /s/ Harrison Gross | |
| Name: | Harrison Gross | |
| Title: | Chief Executive Officer |
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Exhibit 99.1
Thirteenth Consecutive Quarter of Growth Ahead of Major Wholesale Launches
MIAMI, Oct. 6, 2026 /PRNewswire/ – Innovative Eyewear, Inc. (“Innovative Eyewear” or the “Company”) (NASDAQ: LUCY; LUCYW), the developer and manufacturer of smart eyewear under the Lucyd®, Lucyd Armor®, Reebok®, Nautica®, and Eddie Bauer® brands, today reported preliminary unaudited net sales for the third quarter ended September 30, 2026, and provided an update on the expansion of its wholesale and international channels.
Preliminary Third Quarter 2026 Net Sales
The new Lucyd Aero™ ultra-light smart eyewear collection, launching for holiday 2026. Image courtesy Innovative Eyewear, Inc.
| ● | Preliminary Q3 2026 net sales of approximately $1.04 million, an increase of approximately 55% over Q3 2025 and the highest quarterly net sales in the Company’s history. |
| ● | Q3 2026 growth came on top of a 163% year-over-year increase in Q3 2025. |
| ● | Thirteenth consecutive quarter of year-over-year revenue growth. |
| ● | Preliminary net sales for the nine months ended September 30, 2026, were approximately $2.8 million, an increase of approximately 66% over the nine months ended September 30, 2025. |
| ● | Nine-month net sales already exceed the Company’s net sales of $2.66 million for the full year ended December 31, 2025. Historically, the fourth quarter is the Company’s strongest quarter of the year. |
| ● | Third quarter growth reflected an increase of approximately 25% in direct-to-consumer and online marketplace sales and the first shipments under the Company’s new wholesale programs. The wholesale expansion is expected to have a more meaningful effect on net sales beginning in the fourth quarter of 2026 and into 2027. |
Wholesale and International Expansion
| ● | United States: In September, the Company received and shipped an initial purchase order from one of the largest big-box retailers in the U.S. for its previously announced Lucyd Armor® rollout. The retailer plans to offer the products in more than 150 of its stores nationwide, with in-store sales expected to begin in October 2026. The newly launching locations have been added to the Lucyd.co store locator, with product expected to be available at these locations this month. |
| ● | Canada: The previously announced retail launch with FYihealth Group, operator of the FYidoctors, Visique and Solis optical clinic networks, commenced during the third quarter, and product placement is underway across approximately 345 locations. The Company shipped initial stock and in-store demonstration units to the network in July, and subsequent restocks have begun shipping. |
| ● | Australia / New Zealand: The Company received initial purchase orders for more than 3,000 smart eyewear units from Directed Electronics, its exclusive distributor for Australia and New Zealand. The orders are expected to ship in October 2026 and are not included in third quarter net sales. Directed Electronics has more than 20 years of experience bringing international consumer electronics brands to market across Australia and New Zealand. |
Management Commentary
“Our preliminary third quarter results reflect continued progress in executing our growth strategy,” said Harrison Gross, CEO of Innovative Eyewear. “We delivered the highest quarterly net sales in our history while intentionally running promotional pricing on older models and conserving advertising and marketing spend. That approach clears the way for the planned fourth quarter launch of Lucyd Aero™, our lightest and most advanced smartglasses to date, as we head into what has historically been our strongest quarter of the year. At the same time, we opened three new wholesale and international channels during the quarter: a major U.S. big-box retailer, FYihealth Group in Canada, and Directed Electronics in Australia and New Zealand. We anticipate that these new channels will enhance our growth in the fourth quarter of 2026 and into 2027.”
The preliminary net sales figures in this press release are estimates based on information available to management as of the date of this release. They are unaudited and remain subject to completion of the Company’s quarter-end financial close procedures and of the review of its interim financial statements by its independent registered public accounting firm. That firm has not audited, reviewed, compiled or performed any procedures with respect to these preliminary figures and does not express an opinion or any other form of assurance on them. Actual results may differ materially from these preliminary estimates. The Company expects to report its full third quarter 2026 financial results in mid-November 2026 with the filing of its Quarterly Report on Form 10-Q.
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer and manufacturer of cutting-edge ChatGPT-enabled smart eyewear, under the Lucyd®, Lucyd Armor®, Reebok®, Nautica® and Eddie Bauer® brands. True to our mission to Upgrade Your Eyewear®, our Bluetooth audio glasses allow users to stay safely and ergonomically connected to their digital lives and are offered in hundreds of frame and lens combinations to meet the needs of the optical, sunglass, sporting goods and safety eyewear markets. To learn more and explore our continuously evolving collection of smart eyewear, please visit www.lucyd.co.
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Forward-Looking Statements
This press release contains certain forward-looking statements, including those relating to preliminary third quarter 2026 net sales, the expected timing of shipments and retail placement under initial purchase orders, the planned launch of Lucyd Aero™, and growth expectations for the fourth quarter of 2026 and fiscal year 2027. Forward-looking statements are based on the Company’s current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. These statements may be identified by the use of forward-looking expressions, including, but not limited to, “anticipate,” “believe,” “continue,” “estimate,” “expect,” “future,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2025 and its subsequent Quarterly Reports on Form 10-Q, under the caption “Risk Factors.” These factors include, among others: adjustments to preliminary net sales arising from completion of the Company’s quarter-end close and the review of its interim financial statements; the timing and volume of orders, reorders, shipments and sell-through at the Company’s retail and distribution partners; the timing and market acceptance of new products, including Lucyd Aero™; the Company’s ability to obtain additional financing and to continue as a going concern; and the Company’s ability to maintain compliance with The Nasdaq Stock Market’s continued listing requirements.
Investor Relations Contact:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, NY 10036
Office: +1 (646) 893-5835
Email: ir@skylineccg.com
SOURCE Innovative Eyewear, Inc.
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