Professional
Added to YB: 2026-08-05
Pitch date: 2026-07-31
KITS.TO [bullish]
Kits Eyecare Ltd.
+4.02%
current return
Author Info
No bio for this author
Company Info
Kits Eyecare Ltd. operates a digital eyecare platform in the United States and Canada. It offers progressive, polarized, and contact lenses, eyeglasses, and frames under the KITS brand, as well as distributes eyewear products of various brands.
Market Cap
CAD 442.3M
Pitch Price
CAD 13.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
38.24
P/E
129.92
EV/Sales
2.00
Sector
Specialty Retail
Category
growth
Greystone Capital Management Porfolio Holding: Kits Eyecare Ltd.
KITS.TO (added to position): Fast-growing eyewear e-commerce; moat is price/convenience gap (glasses 1/3-1/4 retail cost, 2-day ship) not just vertical integration. Word-of-mouth marketing spends 6-10x less on CAC. Rising order freq, AOV, retention. Stock -30% YTD despite strong results. Opened 2nd store (Toronto) for East/US expansion. IV multiples of current price.
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