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Kits Eyecare Ltd(KITS-T)
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Stocks in play: Kits Eyecare Ltd.

Baystreet - Wed Nov 29, 2023

Today announced key results from the Company's Cyber Monday event. Revenue increased 44% year-over-year to over $700,000. Gross margin dollars increased 54% year-over-year. Repeat customers contributed 70% of revenue. Eyeglasses led the growth with over 2,000 pairs of eyeglasses sold and revenue increasing 66% year-over-year. Digital progressives experienced a 128% year-over-year increase in revenue. Revenue generated in Canada increased 82% year-over-year, led by 300% year-over-year growth in Vancouver. Kits Eyecare Ltd. shares T.KITS are trading down $0.15 at $5.10.

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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