Kits Eyecare Ltd. (TSX:KITS)
Canada · Delayed Price · Currency is CAD | Market Cap | 567.90M +25.8% |
| Revenue (ttm) | 222.18M +21.5% |
| Net Income | 5.63M +49.2% |
| EPS | 0.16 +46.0% |
| Shares Out | 34.01M |
| PE Ratio | 104.31 |
| Forward PE | 69.37 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 105,605 |
| Open | 17.74 |
| Previous Close | 17.78 |
| Day's Range | 16.65 - 17.77 |
| 52-Week Range | 10.61 - 22.56 |
| Beta | 0.44 |
| Analysts | Strong Buy |
| Price Target | 22.93 (+37.31%) |
| Earnings Date | Nov 5, 2026 |
About Kits Eyecare
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. The company operates a network of optical e-commerce websites, including KITS.com, KITS.ca, OptiContacts.com, and ContactsExpress.ca. Kits Eyecare Ltd. was founded in 2002 and is headquartered in Vancouver, Canada. [Read more]
Financial Performance
In 2025, Kits Eyecare's revenue was 202.46 million, an increase of 27.06% compared to the previous year's 159.34 million. Earnings were 3.11 million, a decrease of -0.19%.
Financial StatementsAnalyst Summary
According to 7 analysts, the average rating for KITS stock is "Strong Buy." The 12-month stock price target is $22.93, which is an increase of 37.31% from the latest price.
News
Kits Eyecare Tops C$250M Run Rate as High-Margin Glasses Sales Surge
Kits Eyecare TSE: KITS said it has surpassed a C$250 million annualized revenue run rate after reporting preliminary quarterly revenue of about C$63.7 million, as growth in its higher-margin eyeglasse...
Kits Eyecare Transcript: Planet MicroCap Showcase: Toronto 2026
Preliminary Q3 revenue reached CAD 63.7 million, with glasses growing ~59% YoY and representing 17%-18% of revenue. Internal 2029 targets call for ~CAD 500 million revenue and ~15% adjusted EBITDA, supported by glasses mix and measured store expansion.
Kits Eyecare Eyes Glasses-Led Growth as Margins Expand and Capacity Ramps
Kits Eyecare TSE: KITS is targeting further growth in the online optical market by expanding its higher-margin glasses business, increasing brand awareness through select physical locations and levera...
Kits Eyecare Transcript: LD Micro 20th Annual Main Event Conference
Glasses growth of over 60% in recent quarters is lifting gross margin, while contacts remain 80%-85% of revenue. Long-term targets are CAD 500M revenue by end-2029 and 15%-20% adjusted EBITDA, alongside planned flagship expansion.
Kits Eyecare Q2 Earnings Call Highlights
Kits Eyecare TSE: KITS reported second-quarter 2026 revenue growth of 17.8% year over year as its prescription-glasses business expanded and repeat customers contributed a larger share of sales. The c...
Kits Eyecare price target raised to C$26.50 from C$22 at Canaccord
Canaccord raised the firm’s price target on Kits Eyecare (KTYCF) to C$26.50 from C$22 and keeps a Buy rating on the shares.
Kits Eyecare Earnings Call Transcript: Q2 2026
Q2 saw 17.8% revenue growth and a return to profitability, driven by strong glasses sales, premium lens upgrades, and record operating cash flow. Guidance for Q3 projects continued momentum, with investments in innovation, retail, and insurance integration supporting future growth.
Kits Eyecare Earnings release: Q2 2026
Kits Eyecare released its Q2 2026 earnings on August 5, 2026, summarizing the period's financial results.
Kits Eyecare MD&A: Q2 2026
Kits Eyecare filed a regulatory document on August 5, 2026 disclosing important business information.
Kits Eyecare Report: Q2 2026
Kits Eyecare published a report on August 5, 2026 containing material business information for investors and shareholders.
Kits Eyecare Slides: Q2 2026
Kits Eyecare has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 5, 2026.
Kits Eyecare Transcript: Planet MicroCap Las Vegas 2026
Founded by industry veterans, the company has rapidly scaled revenue and profitability by leveraging a vertically integrated model and targeting millennial consumers. Online penetration in eyewear is accelerating, with repeat customers driving most revenue. Strategic marketing, a focus on customer experience, and selective physical retail support long-term growth ambitions.
Kits Eyecare price target lowered to C$23 from C$25 at Desjardins
Desjardins lowered the firm’s price target on Kits Eyecare (KTYCF) to C$23 from C$25 and keeps a Buy rating on the shares.
Kits Eyecare Earnings Call Transcript: Q1 2026
Q1 2026 delivered 23% revenue growth and record adjusted EBITDA, driven by a 61% surge in glasses revenue and expanding gross margins. Strategic reinvestment of a one-time tariff refund fueled customer acquisition, while guidance calls for 25%-30% annual growth in constant currency.
Kits Eyecare Earnings release: Q1 2026
Kits Eyecare released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.
Kits Eyecare Slides: Q1 2026
Kits Eyecare has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.
Kits Eyecare Report: Q1 2026
Kits Eyecare published a report on May 6, 2026 containing material business information for investors and shareholders.
Kits Eyecare MD&A: Q1 2026
Kits Eyecare filed a regulatory document on May 6, 2026 disclosing important business information.
Kits Eyecare price target raised to C$25 from C$23 at Desjardins
Desjardins raised the firm’s price target on Kits Eyecare (KTYCF) to C$25 from C$23 and keeps a Buy rating on the shares.
Kits Eyecare Earnings Call Transcript: Q4 2025
Q4 and FY 2025 saw record revenue and profitability, driven by strong growth in glasses, contact lenses, and AI glasses, with expanding gross margins and high repeat customer rates. The company remains debt-free, well-capitalized, and is guiding for continued growth in 2026.
Kits Eyecare Earnings release: Q4 2025
Kits Eyecare released its Q4 2025 earnings on March 4, 2026, summarizing the period's financial results.
Kits Eyecare Slides: Q4 2025
Kits Eyecare has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 4, 2026.
Kits Eyecare Report: Q4 2025
Kits Eyecare published a report on March 4, 2026 containing material business information for investors and shareholders.
Kits Eyecare MD&A: Q4 2025
Kits Eyecare filed a regulatory document on March 4, 2026 disclosing important business information.
Kits Eyecare Annual report: Q4 2025
Kits Eyecare has published its Q4 2025 annual report on March 4, 2026.