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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

Post by nozzpackon Aug 21, 2022 7:19am
220 Views
Post# 34909874

KITS moving rapidly to Eyeglasses 25 % Revenue share

KITS moving rapidly to Eyeglasses 25 % Revenue share

In the second quarter of 2022, revenue from eyeglasses delivered increased by 48.2% from $1,936 for the three months ended June 30, 2021, to $2,869 for the three months ended June 30, 2022.

Eyeglasses delivered increased by 72.1% year-over-year to a Company record of more than 74,000 eyeglasses for the second quarter .

Eyeglasses now 14% of Revenues and forecast 25% within near term reach

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