VANCOUVER, BC , Aug. 15, 2022 /CNW/ - KITS Eyecare Ltd. (TSX: KITS) ("KITS" or the "Company"), a digital eyecare platform today announced the appointment of Sabrina Liak to President of KITS Eyecare Ltd., adding to her existing role as Chief Financial Officer.
"Since co-founding KITS, Sabrina has helped accelerate our growth and expansion within eyecare, establish our results oriented management system, and drive cost optimizations across our business," remarked Roger Hardy , Chairman and CEO.
Roger Hardy , co-founder of KITS, will continue in his role of Chairman and CEO. He will continue to lead the Company's long-term strategy and growth initiatives, capitalize on strategic opportunities, and deliver value to shareholders.
Sabrina will focus on delivering on the KITS' brand promise to make high-quality eyewear convenient and accessible. "I am honored to lead such an exceptional team and humbled by the faith my partners have placed in me. I am energized by the opportunities ahead for KITS and I look forward to working with our team and partners to build on the tremendous momentum and success we have achieved so far".
Previously, Sabrina was a private equity Portfolio Manager at Goldman Sachs in New York where she was responsible for investing in growth companies. In this role, she developed a deep knowledge of corporate strategy and the inner workings of operational functions. Sabrina earned an HBA in Business Administration from the Richard Ivey School of Business at the University of Western Ontario and she is a CFA charterholder.
KITS is a rapidly growing, digital eyecare platform 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, virtual try-on for glasses, and an integrated online vision test. 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. For more information on KITS, visit: www.KITS.com.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2022/15/c8244.html
Markets correspondent Jared Blikre takes a look at the declining pricing for cryptocurrencies bitcoin and ethereum as the FDIC issue letters to five crypto companies.
In the world of stock legends, George Soros stands out. While his political activities have been a lightning rod for controversy, no one can doubt his financial acumen. After all, he’s the ‘man who broke the Bank of England,’ and made a billion dollars in one day when he shorted the Pound Sterling back in 1992. His hedge fund, Soros Fund Management, showed three decades of sustained gains, averaging 30% annual returns through the year 2000. During this time, and today in the management of his pe
The stock rose as much as 272% but is up about 175% as of 1:25 p.m. ET. The tech stock's gain came on the day of its initial public offering (IPO). Given the way the stock is soaring, the market apparently thinks the IPO was underpriced.
Yahoo Finance Live co-anchor Seana Smith looks at several trending stocks moving in after-hours trading.
Shares of StoneCo (NASDAQ: STNE), a cloud-based technology platform, plummeted Friday morning after the company reported its second-quarter results, which disappointed investors, and announced yet another shift to its management team. The company reported non-GAAP (adjusted) earnings of 0.25 Brazilian reals (equivalent to $0.05), which was an increase from a loss of 0.48 reals in the year-ago quarter, but was below Wall Street's consensus estimate of about 0.57 reals, or $0.11 per share. StoneCo's revenue in the quarter was 2.3 billion reals (about $442 million), 5% higher than the company's guidance, and up 275% from the year-ago quarter.
A 20-year-old USC student has made a $110 million profit from trading meme stock favorite Bed Bath & Beyond, following a frenzy in Wednesday’s trading session.
Jake Freeman cashed out his 6% stake in the meme stock after it exploded on Tuesday.
It's no wonder Altria's (NYSE: MO) stock has lost more than a fifth of its value in just a couple of months. Marketing partner Philip Morris International (NYSE: PM) is getting cold feet on working with Altria to sell its IQOS heated tobacco device while also just acquiring the leading competitor to Altria's own smokeless tobacco products. At the same time, the federal government all but obliterated Altria's $13 billion investment in Juul Labs, the one-time electronic-cigarette leader.
Back up the EV on shares of General Motors, says this one analyst.
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. won approval from US regulators to buy as much as 50% of Occidental Petroleum Corp. after spending months snapping up its shares. Occidental’s stock had its biggest gain in five months.The Federal Energy Regulatory Commission said in a filing published Friday that Berkshire’s proposed stock purchases are “consistent with the public interest.” Berkshire applied for the authorization on July 11, FERC said.Berkshire has spent this year wagerin
(Bloomberg) -- Billionaire Ryan Cohen pocketed a $68.1 million profit from the sale of his stake in Bed Bath & Beyond Inc., scoring a 56% gain on an investment he held for roughly seven months.The retail traders who poured millions of dollars into the struggling retailer’s stock, on the other hand, may be just starting to feel the pain -- especially if they were late to the trade.Bed Bath & Beyond shares, which were hammered on Thursday, plunged as much as 43% Friday after Cohen’s exit was discl
Interactive Brokers Chief Strategist Steve Sosnick joins Yahoo Finance Live to discuss the wild week for Bed Bath & Beyond and investor Ryan Cohen exiting all of his shares of the company.
The past few weeks have been refreshing for Cathie Wood and fans of her style of growth stock investing. The CEO and co-founder of Ark Invest publishes the buys and sells of her firm's exchange-traded funds (ETFs) every market day, giving the public insight into her latest allocation strategies.
Verizon (VZ) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
For investors looking to maximize their wealth by the time they retire, the following pair of beaten-down businesses that possess strong growth capabilities are a worthwhile place to start. Freelance marketplace operator Fiverr (NYSE: FVRR) was a pandemic-lockdown superstar. Although Fiverr's stock price is down 65% in 2022 and off 82% from its all-time high, the freelance shop is still growing, albeit at a slower rate as SMBs became more cautious due to rampant inflation and rising energy costs and interest rates.
(Bloomberg) -- One big force at the center of the two-month equity rally is showing signs of fatigue. It’s the behavior of short sellers, whose frantic efforts to unwind bearish wagers created buying that added fuel to the $7 trillion share advance. Evidence is arising now that the process is petering out.Hedge funds that make both bullish and bearish equity bets pretty much stopped purchasing shares to return to lenders this week after previously doing it at the fastest pace in more than two ye
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
One of the big reasons for investing in real estate investment trusts (REITs) is the kind of dividends many pay. While Treasury bonds are just beginning to catch up with inflation, some REITs offer better yields as long as investors are willing to accept the risks attached to owning them. Here are seven REITs with better-than-average, hard-to-ignore dividend yields: AGNC Investment Corp. (NASDAQ: AGNC) is paying 11.36% at a price of $12.57. The Bethesda, Maryland-based company specializes in res
(Bloomberg) -- Individual investors who flocked into Bed Bath & Beyond Inc. over the past week, trying to squeeze short sellers and make a killing backed in part by the belief a Ryan Cohen-led shakeup was well underway, are now sitting on $205 million in losses -- at the very least. An explosion of activity saw more than one billion shares of the struggling home-goods retailer trade this week, bringing back the type of cheering and excitement on popular forums like Reddit’s WallStreetBets last s
Chasing best-known favorites may not be the best way to score on Meme stocks, analysts say. Meme stock ETFs can help.