Innovative Eyewear Reports Record Preliminary Q3 2026 Net Sales Up 55% Amid Wholesale Expansion
Innovative Eyewear Reports Record Preliminary Q3 2026 Net Sales, Up 55% Year-Over-Year
Innovative Eyewear reported preliminary unaudited net sales of approximately $1.04 million for Q3 2026, a 55% year-over-year increase and the highest quarterly figure in its history. Growth was driven by a 25% rise in direct-to-consumer and online marketplace sales, alongside initial shipments under new wholesale programs. The company expanded into three key channels: shipping an initial order to a major U.S. big-box retailer for Lucyd Armor rollout across 150+ stores; commencing retail placement with FYihealth Group in Canada across ~345 locations; and receiving orders for over 3,000 units from Directed Electronics in Australia/New Zealand, expected to ship in October 2026. Nine-month net sales reached ~$2.8 million, exceeding full-year 2025 totals. Management anticipates these new channels will significantly impact Q4 2026 and 2027 results.
Source:Optical Prism · opticalprism.ca