KITS Eyecare

Retail Insider's latest Health & Beauty Report examines how pharmacy services, loyalty ecosystems, wellness, digital care and consumer trust are reshaping Canada's health and beauty retail sector, with implications for retailers, brands, landlords, investors and the broader healthcare ecosystem.

Glasses Revenue expanded approximately 50.6% year-over-year to $10.8 million.

Revenue increased by 23.3% to a record $57.5 million compared to $46.6 million.

Since joining Kits in January 2022 as Senior Vice President, Operations, and later serving as Chief Business Development Officer.

Gross profit increased by 34.4% to $72.1 million or 35.6% of revenue, , compared to $53.7million, or 33.7% of revenue; an expansion of 190 basis points.

Revenue would reflect organic growth of 25 to 29 per cent compared with the same period a year earlier.

MacInnis will join the executive leadership team and assume responsibility for the company’s marketing strategy and brand development.

Glasses ordered exceeded 16,800 pairs, representing 35% growth year-on-year and setting a new unit record and meaningfully surpassing the company's previous high.

KITS said its decision to expand into Toronto is driven by the momentum of its Vancouver flagship.

KITS surpasses one million two-year active customers, driven by strong Millennial and Gen Z adoption of its digital-first vision care model.