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

RBC Partners with CNIB Frontier Accessibility to Improve Accessibility for Canadians

RBC has partnered with CNIB Frontier Accessibility to offer BlindSquare, the world’s most widely used accessible GPS app developed for people who are blind or partially sighted, at more than 305 RBC branches across Canada.

Learn More

OPTI Munich 2022 Celebrates Its Return

SWV Strategy with Vision routinely provides perspectives on major international trade shows. Here is their report on Opti Munich.

Read more

STRUKTUR Eyewear Receives Award at 100% Optical Trade Fair in London

From April 23 to 25, 2022, the 100% Optical exhibition was held in London. On April 23, STRUKTUR eyewear won the award for the unisex model of the year at the Love Eyewear Award ceremony.

Read more

Izumi’s Newest Collection is All About “Twilight in the Tropics”

OS-9331's blue gradient acetate front was inspired by the glamorous Spring/Summer 2022's "Twilight in the Tropics" theme.

Read more

opti 2022: Event Report

After the break due to the pandemic, the optical industry had some catching up to do at opti held in Munich from May 13 to 15, 2022.

Read more

RBC Partners with CNIB Frontier Accessibility to Improve Accessibility for Canadians

RBC has partnered with CNIB Frontier Accessibility to offer BlindSquare, the world’s most widely used accessible GPS app developed for people who are blind or partially sighted, at more than 305 RBC branches across Canada.

Learn More

OPTI Munich 2022 Celebrates Its Return

SWV Strategy with Vision routinely provides perspectives on major international trade shows. Here is their report on Opti Munich.

Read More

STRUKTUR Eyewear Receives Award at 100% Optical Trade Fair in London

From April 23 to 25, 2022, the 100% Optical exhibition was held in London. On April 23, STRUKTUR eyewear won the award for the unisex model of the year at the Love Eyewear Award ceremony.

Read More

Izumi’s Newest Collection is All About “Twilight in the Tropics”

OS-9331's blue gradient acetate front was inspired by the glamorous Spring/Summer 2022's "Twilight in the Tropics" theme.

Read More

opti 2022: Event Report

After the break due to the pandemic, the optical industry had some catching up to do at opti held in Munich from May 13 to 15, 2022.

Read More

RBC Partners with CNIB Frontier Accessibility to Improve Accessibility for Canadians

RBC has partnered with CNIB Frontier Accessibility to offer BlindSquare, the world’s most widely used accessible GPS app developed for people who are blind or partially sighted, at more than 305 RBC branches across Canada.

Learn More

OPTI Munich 2022 Celebrates Its Return

SWV Strategy with Vision routinely provides perspectives on major international trade shows. Here is their report on Opti Munich.

Read more

STRUKTUR Eyewear Receives Award at 100% Optical Trade Fair in London

From April 23 to 25, 2022, the 100% Optical exhibition was held in London. On April 23, STRUKTUR eyewear won the award for the unisex model of the year at the Love Eyewear Award ceremony.

Read more

Izumi’s Newest Collection is All About “Twilight in the Tropics”

OS-9331's blue gradient acetate front was inspired by the glamorous Spring/Summer 2022's "Twilight in the Tropics" theme.

Read more

opti 2022: Event Report

After the break due to the pandemic, the optical industry had some catching up to do at opti held in Munich from May 13 to 15, 2022.

Read more

RBC Partners with CNIB Frontier Accessibility to Improve Accessibility for Canadians

RBC has partnered with CNIB Frontier Accessibility to offer BlindSquare, the world’s most widely used accessible GPS app developed for people who are blind or partially sighted, at more than 305 RBC branches across Canada.

Learn More

OPTI Munich 2022 Celebrates Its Return

SWV Strategy with Vision routinely provides perspectives on major international trade shows. Here is their report on Opti Munich.

Read more

STRUKTUR Eyewear Receives Award at 100% Optical Trade Fair in London

From April 23 to 25, 2022, the 100% Optical exhibition was held in London. On April 23, STRUKTUR eyewear won the award for the unisex model of the year at the Love Eyewear Award ceremony.

Read more

Izumi’s Newest Collection is All About “Twilight in the Tropics”

OS-9331's blue gradient acetate front was inspired by the glamorous Spring/Summer 2022's "Twilight in the Tropics" theme.

Read more

opti 2022: Event Report

After the break due to the pandemic, the optical industry had some catching up to do at opti held in Munich from May 13 to 15, 2022.

Read more