UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~Pursuant~~Date toof ~~Section 13 or 15(d)~~Report (Date of ~~the Securities~~earliest ~~Exchange~~event ~~Act~~reported): ofAugust ~~1934~~14, 2007

~~Date~~1-800 CONTACTS, ~~of Report~~ INC. (~~date~~Exact name of ~~earliest~~ ~~event~~registrant ~~reported): June~~as ~~30,~~specified ~~2007~~in its charter)

1-800 CONTACTS, INC.

Delaware	0-23633	87-0571643
(State or other jurisdiction of	(Commission	(I.R.S. Employer
incorporation)	File Number)	Identification No.)

66 E. Wadsworth Park Drive, Draper, UT		84020
(Address of principal executive offices)		(Zip Code)

~~(Exact Name of~~ Registrant’s astelephone number, ~~Specified~~including inarea ~~its Charter~~code: (801) 316-5000

Delaware	0-23633	87-0571643
(State or other jurisdiction of	(Commission	(IRS Employer
incorporation or organization)	File Number)	Identification No.)

N/A

66 E. Wadsworth Park Drive, Draper UT		84020
(Address of Principal Executive Offices)		(Zip Code)

(Former name or former address, if changed since last report.)

~~Registrant’s~~Check the ~~Telephone~~appropriate ~~Number,~~box ~~Including~~below ~~Area~~if ~~Code~~the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (~~801)~~17 ~~316-5000~~CFR 230.425)

~~N/A~~o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

~~(Former~~o Pre-commencement communications ~~name,~~pursuant ~~former~~to ~~address,~~Rule ~~and~~14d-2(b) ~~formal~~under ~~fiscal~~the ~~year, if~~Exchange ~~changed~~Act ~~since last report~~(17CFR 240.14-2(b))

~~Check~~o Pre-commencement ~~the~~communications ~~appropriate~~pursuant ~~box~~to ~~below~~Rule ~~if the Form 8~~13e-K4(c) ~~filing is intended to simultaneously satisfy the filing obligation of the registrant~~ under ~~any of~~ the ~~following provisions~~Exchange Act (~~see~~17 ~~General~~CFR ~~Instruction A~~240.~~2. below~~13e-4(c):)

oItem ~~Written communications pursuant~~2.02 toResults ~~Rule 425~~of ~~under~~Operations ~~the Securities~~and ~~Act~~Financial ~~(17 CFR 230~~Condition.~~425)~~

oOn ~~Soliciting~~ August 14, 2007, 1-800 CONTACTS, INC. (the “Company”) ~~material~~issued ~~pursuant~~a topress ~~Rule~~release ~~14a-12~~announcing ~~under~~its operating and financial results for the second ~~Exchange~~quarter ~~Act~~ended ~~(17~~June ~~CFR~~30, 2007. A ~~240~~copy of the press release is attached to this Report as Exhibit 99.~~14a-12)~~1.

oThe ~~Pre~~information set forth in this Report on Form 8-~~commencement communications pursuant~~K (including the exhibit) shall not be deemed to ~~Rule 14d-2~~be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (bthe “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, ~~(17~~except ~~CFR~~as ~~240~~expressly set forth by specific reference in such a filing.~~14d-2(b))~~

oItem ~~Pre-commencement communications pursuant~~9.01 toFinancial ~~Rule 13e-4(c) under~~Statements ~~the~~and ~~Exchange Act (17 CFR 240~~Exhibits.~~13e-4(c)~~

~~Item 2~~(d) Exhibits.~~01 Completion of Acquisition or Disposition of Assets~~

On June 30, 2007, 1-800 CONTACTS, INC. (“1-800 CONTACTS”) transferred certain assets related to 1-800 CONTACTS’ international contact lens manufacturing, distribution, and related operations to Clearlab SG Pte. Ltd., a wholly-owned subsidiary of Mi Gwang Contact Lens Co., Ltd. (collectively, “Mi Gwang”), pursuant to a Purchase Agreement by and among 1-800 CONTACTS and Mi Gwang (the “Mi Gwang Agreement”). 1-800 CONTACTS previously disclosed the signing of the Purchase Agreement in a Current Report on Form 8-K which was filed with the Securities Exchange Commission on June 1, 2007.

Exhibit No.		Description of Exhibit		Location
99.1		Press release dated August 14, 2007 announcing operating and financial results for the second quarter ended June 30, 2007.		Attached

~~The assets transferred to Mi Gwang include all of the interests of 1-800 CONTACTS and ClearLab International Pte. Ltd, a wholly-owned subsidiary of 1-800 CONTACTS, in and to the following:~~2

~~· real property, tangible property, inventory, and fixed assets in Singapore;~~SIGNATURES

~~· trade~~Pursuant ~~receivables~~to ~~and~~the ~~other~~requirements ~~current~~of the Securities ~~assets;~~Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

· certain intellectual property relating to the products produced by ClearLab International Pte. Ltd. in Singapore, including certain trademarks and trade names, associated goodwill, related licenses and sublicenses, and certain know-how;

	1-800 CONTACTS, INC.

Date: August 14, 2007	By:	/s/ Robert G. Hunter
	Name:	Robert G. Hunter
	Title:	Chief Financial Officer

~~· the outstanding capital stock of ClearLab Europe Ltd., formerly a wholly-owned subsidiary of ClearLab International, Pte. Ltd.;~~3

· the outstanding capital stock of Shayna Ltd., formerly a wholly-owned subsidiary of 1-800 CONTACTS; and

· the outstanding capital stock of ClearLab UK, Ltd, all of which is owned by Shayna Ltd.

The assets transferred to Mi Gwang are more fully described in the Mi Gwang Agreement.

The consideration received by 1-800 CONTACTS includes a one-time nonrefundable payment of U.S. $9 million, which was paid at closing, and a one-time nonrefundable issuance by Mi Gwang of Mi Gwang Contact Lens Co., Ltd. capital stock having a value of U.S. $6.5 million, which was effected at closing.

1-800 CONTACTS retained certain liabilities and has agreed to reimburse Mi Gwang for certain liabilities, including any remaining costs associated with the closure of the United Kingdom manufacturing operations and the consolidation of operations in Singapore.

The foregoing paragraphs provide only a brief summary of selected provisions of the Mi Gwang Agreement and are qualified in their entirety by reference to the text of the Mi Gwang Agreement, which 1-800 CONTACTS expects to file as an exhibit to its quarterly report on Form 10-Q for the second quarter of fiscal year 2007.

ITEM 8.01. Other Events

On July 5, 2007, 1-800 Contacts issued a press release announcing that it had closed the ClearLab transactions which were announced on May 29, 2007, which include the sale of ClearLab’s flat pack technology and certain other intellectual property to Menicon Co., Ltd. and the sale of ClearLab’s manufacturing, distribution, and customer support operations to Mi Gwang Contact Lens Co., Ltd. A copy of the press release is furnished as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits

Exhibit 99.1 Press Release issued by 1-800 CONTACTS, INC., dated July 5, 2007.

SIGNATURES

Pursuant to the requirements of the Securities Exchange of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	1-800 CONTACTS, INC.
Dated: July 6, 2007	By	/s/ Robert G. Hunter
		Robert G. Hunter
		Chief Financial Officer

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