fbpx

Contact Lens Market Share Increases Contribute to Cooper Companies Growth in Q2

Cooper Companies reported Q2 (ending April 30, 2015) revenue increases of 5% versus same period last year.  Strong gains (+9%) in CooperVision (CVI), the contact lens business unit of Cooper Companies, offset an 8% decline in CooperSurgical. The company estimates that world-wide CooperVision 2015 calendar quarter 1 contact lenses sales grew 6% versus 1% for the total global market.

Cooper President and CEO, Robert S. Weiss, attributed the sales increase to continued market share gains in contact lenses, and progress with the launch of clariti in US. Single-use spherical lenses showed the greatest growth, up 19% year over year.  In Canada, CooperVision launched clariti brand in June 2015.  Clariti was previously distributed by Centennial Optical.

Gross margins were 61% compared with 65% in last year’s Q2.  The reduction of gross margin was attributed to currency changes, and integration and facility start-up costs.  These were offset in part by favourable product mix.

Featured Posts

CRO logo image for Research Updates in Optik magazine

AI for Glaucoma Detection Using OCT

A 2025 deep learning study shows OCT-based AI models outperform disc photographs in detecting visual field–defined glaucoma, reinforcing OCT’s role in early diagnosis.

Learn More
Beyond 20 20 Vision Krista Woods article

Beyond 20/20 | Why Opticians Should Embrace Low Vision Care

Discover why opticians should embrace low vision care. Learn how to restore client independence, access training resources, and grow your practice today.

Read more
Vision Expo new logo

Vision Expo and VSP Vision Announce Finalists for the 2026 VSP Vision Innovation Challenge

Finalists will participate in a four-week startup bootcamp and present on the Innovation Stage at Vision Expo on March 13

Read more
JF Rey Real Life

J.F. REY Presents LIFE

J.F. Rey introduces LIFE, a new eyewear concept capturing everyday urban moments through bold, expressive frames designed to reflect individuality.

Read more
Hoya Vision Care Canada logo

HOYA Vision Care Launches LensPreview Virtual Try-on for Specialty Lenses

HOYA Vision Care introduces LensPreview, a new virtual try-on tool for photochromic, polarized, and mirror lenses, now available in the U.S. and Canada.

Read more
CRO logo image for Research Updates in Optik magazine

AI for Glaucoma Detection Using OCT

A 2025 deep learning study shows OCT-based AI models outperform disc photographs in detecting visual field–defined glaucoma, reinforcing OCT’s role in early diagnosis.

Learn More
Beyond 20 20 Vision Krista Woods article

Beyond 20/20 | Why Opticians Should Embrace Low Vision Care

Discover why opticians should embrace low vision care. Learn how to restore client independence, access training resources, and grow your practice today.

Read More
Vision Expo new logo

Vision Expo and VSP Vision Announce Finalists for the 2026 VSP Vision Innovation Challenge

Finalists will participate in a four-week startup bootcamp and present on the Innovation Stage at Vision Expo on March 13

Read More
JF Rey Real Life

J.F. REY Presents LIFE

J.F. Rey introduces LIFE, a new eyewear concept capturing everyday urban moments through bold, expressive frames designed to reflect individuality.

Read More
Hoya Vision Care Canada logo

HOYA Vision Care Launches LensPreview Virtual Try-on for Specialty Lenses

HOYA Vision Care introduces LensPreview, a new virtual try-on tool for photochromic, polarized, and mirror lenses, now available in the U.S. and Canada.

Read More
CRO logo image for Research Updates in Optik magazine

AI for Glaucoma Detection Using OCT

A 2025 deep learning study shows OCT-based AI models outperform disc photographs in detecting visual field–defined glaucoma, reinforcing OCT’s role in early diagnosis.

Learn More
Beyond 20 20 Vision Krista Woods article

Beyond 20/20 | Why Opticians Should Embrace Low Vision Care

Discover why opticians should embrace low vision care. Learn how to restore client independence, access training resources, and grow your practice today.

Read more
Vision Expo new logo

Vision Expo and VSP Vision Announce Finalists for the 2026 VSP Vision Innovation Challenge

Finalists will participate in a four-week startup bootcamp and present on the Innovation Stage at Vision Expo on March 13

Read more
JF Rey Real Life

J.F. REY Presents LIFE

J.F. Rey introduces LIFE, a new eyewear concept capturing everyday urban moments through bold, expressive frames designed to reflect individuality.

Read more
Hoya Vision Care Canada logo

HOYA Vision Care Launches LensPreview Virtual Try-on for Specialty Lenses

HOYA Vision Care introduces LensPreview, a new virtual try-on tool for photochromic, polarized, and mirror lenses, now available in the U.S. and Canada.

Read more
CRO logo image for Research Updates in Optik magazine

AI for Glaucoma Detection Using OCT

A 2025 deep learning study shows OCT-based AI models outperform disc photographs in detecting visual field–defined glaucoma, reinforcing OCT’s role in early diagnosis.

Learn More
Beyond 20 20 Vision Krista Woods article

Beyond 20/20 | Why Opticians Should Embrace Low Vision Care

Discover why opticians should embrace low vision care. Learn how to restore client independence, access training resources, and grow your practice today.

Read more
Vision Expo new logo

Vision Expo and VSP Vision Announce Finalists for the 2026 VSP Vision Innovation Challenge

Finalists will participate in a four-week startup bootcamp and present on the Innovation Stage at Vision Expo on March 13

Read more
JF Rey Real Life

J.F. REY Presents LIFE

J.F. Rey introduces LIFE, a new eyewear concept capturing everyday urban moments through bold, expressive frames designed to reflect individuality.

Read more
Hoya Vision Care Canada logo

HOYA Vision Care Launches LensPreview Virtual Try-on for Specialty Lenses

HOYA Vision Care introduces LensPreview, a new virtual try-on tool for photochromic, polarized, and mirror lenses, now available in the U.S. and Canada.

Read more