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Ecommerce Company KITS Eyecare Announces Record Eyeglasses Revenue in Week Leading into Black Friday
Monday, November 27, 2023Company Profile | Follow Company
New Milestone on Eyeglasses Revenue Driven by Strong Traction in New Collections and Returning Customers
Vancouver, BC, November 23, 2023--(T-Net)--Kits Eyecare Ltd. (TSX: KITS), a leading vertically integrated eyecare provider, today announced a record week in eyeglasses revenue in the week leading into Black Friday.
One of the key drivers behind the record results was the strong performance in recently launched collections, including the LYKKE Titanium Rimless Collection, the PRIMO Layered Acetate collection, and McNelly Full-Rim Metal Collection.
Additionally, there were a record number of returning eyeglasses customers, with many purchasing multiple pairs.
Roger Hardy, CEO, Kits Eyecare
"It's been an incredible start to holiday," said Roger Hardy, co-founder and CEO of KITS. "The strength of our new eyeglasses collections and the record number of returning eyeglasses customers suggests the quality of our product and the quality of our experience is resonating in the market. We expect this momentum to continue as we welcome both new and returning customers to KITS throughout the important holiday season. We look forward to updating stakeholders at the end of the quarter on details of this new milestone."
At the end of Q3, KITS offered 1,950 unique styles of eyeglasses with over 260,000 frames in stock. Eyeglasses are made at the Company's on-shore, automated optical lab on the west coast and shipped out to customers throughout North America, often in one day.
About KITS
KITS makes eyecare easy. KITS is a leading vertically integrated digital eyecare brand providing eyewear for eyes everywhere. We offer customers access to a vast selection of contact lenses and eyeglasses, including our own exclusive KITS designed products, as well as a robust suite of online vision tools.
Our efficient digital platform, backed by our industry-leading manufacturing and designs, removes intermediaries, and enables us to offer great prices and deliver made to order personalized products with incredible care and accuracy. We are creating disruption in the industry by constantly pursuing cutting-edge technologies to enable the best customer experience, including online eyewear fitting tools, and virtual try-on for glasses.
We strive to delight our customers with our competitive prices, a convenient digital shopping experience, fast and reliable delivery options, and an unrelenting focus on earning our customers' lifelong trust.
Forward-Looking Statements This press release contains forward-looking statements, including statements relating to the execution of our proposed strategy, our operating performance and prospects on the business. These forward-looking statements generally can be identified by the use of words such as "intend," "believe," "could," "continue," "expect," "estimate," "forecast," "may," "potential," "project," "plan," "would," "will," and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. [ MORE ] |
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