KITS Eyecare Reports Record Revenue Growth in Q3 2024, Driven by Strong Customer Demand and Operational Efficiency

Kits Eyecare Ltd. (KITS) announced record revenue growth of 34.4% in the third quarter of 2024, reaching $41.9 million. The company attributed this growth to strong repeat customer revenue in both contact lenses and eyeglasses, with higher average order values. KITS also reported a significant milestone in glasses revenue, up 43.2% year-over-year, and welcomed a record number of new customers.

KITS Expands Product Line with New Daily Color Contact Lenses, Capitalizing on Growing Market Demand

KITS Eyecare Ltd. has launched KITS Daily Color Contacts, adding a vibrant new dimension to its existing range of contact lenses. This expansion comes at a time when the global colored contact lens market is experiencing significant growth, with an estimated value of USD $9.82 Billion by 2033. KITS aims to capitalize on this trend with its innovative and high-quality color contact lenses, available in a range of colors to enhance and define the look of the eyes.

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