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Kits Eyecare Ltd T.KITS

Alternate Symbol(s):  KTYCF

Kits Eyecare Ltd. is a Canada-based provider of vertically integrated and digitally native eyecare platforms. The Company operates through the sale of eyewear products to consumers. It offers customers access to a selection of contact lenses and eyeglasses, including its own KITS-designed products, as well as an advanced suite of online vision tools. Its collections include South Beach, Little Italy, Trail Blazer, KITS x Vasuma and Apres. The Company's designer glasses and sunglasses, including Alexander Mcqueen, Armourx, Betsey Johnson, Bottega Veneta, Calvin Klein Carrera, David Beckham, Diesel, Dior, Emilio Pucci, Emporio Armani, Gucci, Hugo Boss, Jimmy Choo, Judith Leiber, Kits, Persol, Prada, Ray-Ban, Superdry, Tom Ford, Under Armour, And Versace.


TSX:KITS - Post by User

Comment by bigreturn11on Mar 16, 2021 12:42am
211 Views
Post# 32805442

RE:RE:Initial Assessment

RE:RE:Initial Assessment

I was puzzled by this as well. I believe that their primary business is contact lenses and the eye glasses are the smaller portion of the business but growing much more rapidly.


mjh9413 wrote: The likes of New Vision is a licence to print money so interested when I first saw KITS TV ads.
Won't pretend to understaand their business but cannot make sense of gross revs versus shipping, and even more so when they illustrated such cheap prices in their ads.
SO, WY $75MM and 39K shipped, equals aver ~$1920/shipping. QTR $20.8MM shipping 21K, equals ~$960/Shipping, Even with glasses on, seems not any relationship here. Why? Are the shipments to bulk buyers with multiple orders? Anyone.

 

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