Added to YB: 2025-05-19
Pitch date: 2025-05-15
KITS.TO [neutral]
Kits Eyecare Ltd.
+41.37%
current return
Author Info
Pound the Rock Investing, written by Adam Wilk, the founder and CIO of Greystone Capital Management, will serve as an ongoing discussion about business, investing and things I find interesting. Sign up for the newsletter.
Company Info
Kits Eyecare Ltd. operates a digital eyecare platform in the United States and Canada. It manufactures progressive and contact lenses, eyeglasses, and frames under the KITS brand, as well as distributes eyewear products of various brands.
Market Cap
CAD 435.5M
Pitch Price
CAD 12.45
Price Target
N/A
Dividend
N/A
EV/EBITDA
39.50
P/E
84.92
EV/Sales
2.19
Sector
Specialty Retail
Category
growth
Some Position Updates - Kits Eyecare Ltd.
KITS.TO (holding update): 10 quarters of 25%+ growth, 6 of 32%+. Record margins, EBITDA, customer growth. Glasses revenue +50%, shipments +40%. Strategic marketing push in Q2 will lower EBITDA short-term. Customer metrics show high-value acquisition. 2025 rev est: $207-211M vs consensus $201M. Eyeglass mix-shift driving margins toward 40-45% target.
Read full article (2 min)