Innovative Eyewear develops and sells eyeglasses and sunglasses, while also providing prescription eyewear and sun protection. Co. licensed the exclusive rights to the Lucyd® brand, from Lucyd Ltd., which includes the exclusive use of all of Lucyd Ltd.'s intellectual property, including its main product, Lucyd Lyte® glasses. Co. has launched its commercial product, Lucyd Lyte. These styles are each available with different lens types, resulting in variations of products available. All of Co.'s products are designed in Miami, manufactured in China and sold through multiple ecommerce channels, including on its website (Lucyd.co), BestBuy.com and Amazon.com, or through optical retailers. The LUCY average annual return since 2022 is shown above.
The Average Annual Return on the LUCY average annual return since 2022 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether LUCY average annual return since 2022 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the LUCY average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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