
Opinion: Student impact of the Every 15 Minutes program
On the second day of the program, April 4, a mock car accident was staged behind the performing arts center during an extended lunch. Program participant students were placed in two wrecked vehicles, covered in fake blood and makeup, while paramedics and police officers showed up to the scene to arrest drunk driver and rescue the injured and dead students from the collision.
Photo Courtesy of Lily Zimmerman
The program concluded with a third-period assembly, one for underclassmen that was meant to be more sensitive and discretionary and a second for upperclassmen that was more emotional and authentic. The same keynote speakers were presented at both assemblies and shared his experiences on the impact of drunk driving.
'(Every 15 Minutes) makes you think it could be you, and that (an accident) can happen to anyone; no one's the exception¨, Ellie Sutherland, one of the Living Dead.
Notably, upperclassmen have felt the largest effect of Every 15 Minutes due to the absence of their friends, as well as it being more likely that someone taking part in the simulation will come from one of their classes.
Every 15 Minutes is known for how dramatic it is; however, this is it´s worst quality. Instead of informing students, it's either an overly emotional experience or easy to mock. How effective is it to tell kids not to drink and drive than to make them feel like their classmates or friends are dead? Stimulating a death to trigger emotions for many feels too extreme.
'(Every 15 Minutes) needs to be (over-dramatic) for students and teens who drink and need to know this,' said senior Priya Marquez.
Of the young drivers aged 15-20 in 2022 who were drinking and died in a car accident, 67% of them were unrestrained. Teenage drivers are less likely to drink and drive compared to adults, but when they do, their risk of an accident is significantly higher regardless of low blood-alcohol levels, according to Teen Driver Source.
Reflecting back on this impactful event, I thought that The Youth Center did an amazing job executing the program, but the best part was the Focus Studies short film. However, I believe the message 'don't drink and drive' is told universally and is something high schoolers commonly understand. Although a strong emotional reaction is a large part of Every 15 Minutes, I believe a program that is less emotional and more thought-provoking could be just as effective.
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Reconciliations of non-GAAP financial measures are provided in the Notes to the Financial Tables included with this press release and can also be found within "Presentations" in the "Investors" section of our website, Tredegar uses its website as a channel of distribution of material company information. Financial information and other material information regarding Tredegar is posted on and assembled in the "Investors" section of its website. Tredegar Corporation is an industrial manufacturer with two primary businesses: custom aluminum extrusions for the North American building & construction, automotive and specialty end-use markets and surface protection films for high-technology applications in the global electronics industry. With approximately 1,600 employees, the Company operates manufacturing facilities in North America and Asia. Tredegar Corporation Condensed Consolidated Statements of Income (In Thousands, Except Per-Share Data) (Unaudited) Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 Sales $ 179,116 $ 153,940 $ 343,853 $ 297,912 Other income (expense), net (c) 1,385 322 1,376 328 180,501 154,262 345,229 298,240 Cost of goods sold (c) 148,535 119,012 284,178 234,119 Freight 6,153 5,330 11,720 10,344 Selling, R&D and general expenses (c) 20,750 19,055 41,574 35,739 Amortization of identifiable intangibles 440 460 879 899 Pension and postretirement benefits 27 54 3 109 Interest expense 1,785 1,139 2,798 2,323 Asset impairments and costs associated with exit and disposal activities, net of adjustments (c) (1 ) 80 17 587 177,689 145,130 341,169 284,120 Income (loss) from continuing operations before income taxes 2,812 9,132 4,060 14,120 Income tax expense (benefit) 984 (38 ) 1,560 2,346 Net income (loss) from continuing operations 1,828 9,170 2,500 11,774 Income (loss) from discontinued operations, net of tax (97 ) (378 ) 9,332 306 Net income (loss) $ 1,731 $ 8,792 $ 11,832 $ 12,080 Earnings (loss) per share: Basic: Continuing operations $ 0.05 $ 0.27 $ 0.07 $ 0.34 Discontinued operations — (0.01 ) 0.27 0.01 Basic earnings (loss) per share $ 0.05 $ 0.26 $ 0.34 $ 0.35 Diluted: Continuing operations $ 0.05 $ 0.27 $ 0.07 $ 0.34 Discontinued operations — (0.01 ) 0.27 0.01 Diluted earnings (loss) per share $ 0.05 $ 0.26 $ 0.34 $ 0.35 Shares used to compute earnings (loss) per share: Basic 34,775 34,378 34,694 34,350 Diluted 34,775 34,378 34,694 34,350 Tredegar Corporation Net Sales and EBITDA from Ongoing Operations by Segment (In Thousands) (Unaudited) Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 Net Sales Aluminum Extrusions $ 148,367 $ 119,413 $ 281,999 $ 233,636 PE Films 24,596 29,197 50,134 53,932 Total net sales 172,963 148,610 332,133 287,568 Add back freight 6,153 5,330 11,720 10,344 Sales as shown in the condensed consolidated statements of income $ 179,116 $ 153,940 $ 343,853 $ 297,912 EBITDA from Ongoing Operations (f) Aluminum Extrusions: Ongoing operations: EBITDA (b) $ 9,283 $ 12,907 $ 18,441 $ 25,447 Depreciation & amortization (4,093 ) (4,446 ) (8,319 ) (8,988 ) EBIT (b) 5,190 8,461 10,122 16,459 Plant shutdowns, asset impairments, restructurings and other (c) (57 ) (1,649 ) (1,225 ) (2,816 ) PE Films: Ongoing operations: EBITDA (b) $ 6,711 $ 10,133 $ 14,233 $ 17,037 Depreciation & amortization (1,230 ) (1,317 ) (2,480 ) (2,645 ) EBIT (b) 5,481 8,816 11,753 14,392 Plant shutdowns, asset impairments, restructurings and other (c) 1 (80 ) 1 (584 ) Total 10,615 15,548 20,651 27,451 Interest income 6 5 11 25 Interest expense 1,785 1,139 2,798 2,323 Gain on investment in kaleo, Inc. — 144 — 144 Corporate expenses, net (c) 6,024 5,426 13,804 11,177 Income (loss) from continuing operations before income taxes 2,812 9,132 4,060 14,120 Income tax expense (benefit) 984 (38 ) 1,560 2,346 Net income (loss) from continuing operations 1,828 9,170 2,500 11,774 Income (loss) from discontinued operations, net of tax (97 ) (378 ) 9,332 306 Net income (loss) $ 1,731 $ 8,792 $ 11,832 $ 12,080 Tredegar Corporation Condensed Consolidated Balance Sheets (In Thousands) (Unaudited) June 30, 2025 December 31, 2024 Assets Cash & cash equivalents $ 9,795 $ 7,062 Accounts & other receivables, net 78,833 64,817 Income taxes recoverable 303 — Inventories 66,648 51,381 Prepaid expenses & other 8,174 16,567 Total current assets 163,753 139,827 Property, plant & equipment, net 131,567 137,032 Right-of-use leased assets 13,731 14,635 Identifiable intangible assets, net 6,447 7,326 Goodwill 22,446 22,446 Deferred income taxes 31,369 32,517 Other assets 2,272 2,448 Non-current assets of discontinued operations — 126 Total assets $ 371,585 $ 356,357 Liabilities and Shareholders' Equity Accounts payable $ 68,181 $ 64,704 Accrued expenses 21,357 22,168 Lease liability, short-term 2,404 2,453 Short-term debt 629 1,322 Income taxes payable 273 320 Current liabilities of discontinued operations — 741 Total current liabilities 92,844 91,708 Lease liability, long-term 11,962 12,993 ABL revolving facility 62,000 60,600 Pension and other postretirement benefit obligations, net 5,821 5,914 Deferred income taxes 69 69 Other non-current liabilities 4,783 4,105 Shareholders' equity 194,106 180,968 Total liabilities and shareholders' equity $ 371,585 $ 356,357 Tredegar Corporation Condensed Consolidated Statements of Cash Flows (In Thousands) (Unaudited) Six Months Ended June 30, 2025 2024 Cash flows from operating activities: Net income (loss) $ 11,832 $ 12,080 Adjustments for noncash items: Depreciation 10,018 12,357 Amortization of intangibles 879 948 Reduction of right-of-use assets 1,064 1,178 Deferred income taxes 1,209 2,248 Accrued pension and postretirement benefits 107 109 Stock-based compensation expense 919 1,086 Gain on investment in kaléo — (144 ) Gain on the sale of assets (1,492 ) — Gain on sale of divested business (9,657 ) — Changes in assets and liabilities: Accounts and other receivables (14,016 ) (17,160 ) Inventories (15,263 ) (10,357 ) Income taxes recoverable/payable (349 ) (539 ) Prepaid expenses and other 8,897 2,597 Accounts payable and accrued expenses 2,336 3,305 Lease liability (1,240 ) (1,408 ) Pension and postretirement benefit plan contributions (291 ) (306 ) Other, net 2,195 1,335 Net cash provided by (used in) operating activities (2,852 ) 7,329 Cash flows from investing activities: Capital expenditures (5,638 ) (4,782 ) Proceeds from the sale of Terphane 9,835 — Proceeds on sale of investment in kaléo — 144 Proceeds from the sale of assets 1,904 83 Net cash provided by (used in) investing activities 6,101 (4,555 ) Cash flows from financing activities: Borrowings 88,197 340,818 Debt principal payments (87,494 ) (345,140 ) Debt financing costs (1,272 ) (587 ) Net cash provided by (used in) financing activities (569 ) (4,909 ) Effect of exchange rate changes on cash 53 (2,651 ) Increase (decrease) in cash and cash equivalents 2,733 (4,786 ) Cash and cash equivalents at beginning of period 7,062 13,455 Cash and cash equivalents at end of period $ 9,795 $ 8,669 Notes to the Financial Tables(Unaudited) (a) Tredegar's presentation of net income (loss) and diluted earnings (loss) per share from ongoing operations are non-GAAP financial measures that exclude the effects of gains or losses associated with plant shutdowns, asset impairments and restructurings, gains or losses from the sale of assets, goodwill impairment charges, discontinued operations, net periodic benefit cost for the frozen defined benefit pension plan prior to termination and other items (which includes gains and losses for an investment accounted for under the fair value method) which have been presented separately and removed from net income (loss) from continuing operations and diluted earnings (loss) per share as reported under GAAP. Net income (loss) and diluted earnings (loss) per share from ongoing operations are key financial and analytical measures used by management to gauge the operating performance of Tredegar's ongoing operations. They are not intended to represent the stand-alone results for Tredegar's ongoing operations under GAAP and should not be considered as an alternative to net income (loss) from continuing operations or earnings (loss) per share as defined by GAAP. They exclude items that management believes do not relate to Tredegar's ongoing operations. A reconciliation to net income (loss) and diluted earnings (loss) per share from ongoing operations for the three and six months ended June 30, 2025 and 2024 is shown below: Three Months EndedJune 30, Six Months EndedJune 30, (In millions, except per share data) 2025 2024 2025 2024 Net income (loss) from continuing operations as reported under GAAP1 $ 1.8 $ 9.2 $ 2.5 $ 11.8 After-tax effects of: (Gains) losses associated with plant shutdowns, asset impairments and restructurings — 0.1 — 0.5 (Gains) losses from sale of assets and other: Other — 1.0 2.9 2.7 Net income (loss) from ongoing operations1 $ 1.8 $ 10.3 $ 5.4 $ 15.0 Earnings (loss) from continuing operations per share as reported under GAAP (diluted) $ 0.05 $ 0.27 $ 0.07 $ 0.34 After-tax effects per diluted share of: (Gains) losses associated with plant shutdowns, asset impairments and restructurings — — — 0.01 (Gains) losses from sale of assets and other: Other — 0.03 0.08 0.09 Earnings (loss) per share from ongoing operations (diluted) $ 0.05 $ 0.30 $ 0.15 $ 0.44 1. Reconciliations of the pre-tax and post-tax balances attributed to net income (loss) are shown in Note (d). (b) EBITDA (earnings before interest, taxes, depreciation and amortization) from ongoing operations is the key segment profitability metric used by the Company's chief operating decision maker ("CODM") to assess segment financial performance. The Company uses sales less freight ("net sales") as its measure of revenues from external customers at the segment level. For more business segment information, see Note 9 to the Company's Condensed Consolidated Financial Statements in the Second Quarter Form 10-Q. EBIT (earnings before interest and taxes) from ongoing operations is a non-GAAP financial measure included in the accompanying tables and the reconciliation of segment financial information to consolidated results for the Company in the net sales and EBITDA from ongoing operations by segment statements. It is not intended to represent the stand-alone results for Tredegar's ongoing operations under GAAP and should not be considered as an alternative to net income (loss) as defined by GAAP. The Company believes that EBIT is a widely understood and utilized metric that is meaningful to certain investors and that including this financial metric in the reconciliation of management's performance metric, EBITDA from ongoing operations, provides useful information to those investors that primarily utilize EBIT to analyze the Company's core operations. (c) Gains and losses associated with plant shutdowns, asset impairments, restructurings and other items for the three and six months ended June 30, 2025 and 2024 detailed below are shown in the statements of net sales and EBITDA from ongoing operations by segment and are included in "Asset impairments and costs associated with exit and disposal activities, net of adjustments" in the condensed consolidated statements of income, unless otherwise noted. Three Months Ended June 30, 2025 Six Months Ended June 30, 2025 (In millions) Pre-Tax Net of Tax Pre-Tax Net of Tax Aluminum Extrusions: (Gains) losses from sale of assets, investment writedowns and other items: Consulting expenses for ERP/MES project1 $ 0.4 $ 0.3 $ 0.8 $ 0.6 Legal fees associated with the Aluminum Extruders Trade Case and other matters1 (0.2 ) (0.1 ) 0.1 0.2 Storm damage to the Newnan, Georgia plant1 (0.2 ) (0.1 ) (0.2 ) (0.1 ) Aluminum premium charge as a result of unplanned maintenance interruptions2 — — 0.3 0.2 Total for Aluminum Extrusions $ — $ 0.1 $ 1.0 $ 0.9 Corporate: (Gain) losses from sale of assets, investment writedowns and other items: Professional fees associated with business development activities1 $ 1.3 $ 0.9 $ 3.8 $ 2.9 Professional fees associated with remediation activities related to internal control over financial reporting1 — — 0.2 0.1 Group annuity contract premium adjustment3 — — 0.1 0.1 Professional fees associated with the transition to the ABL Facility1 0.1 0.1 0.2 0.2 Proceeds on the sale of corporate-owned land3 (1.4 ) (1.1 ) (1.5 ) (1.2 ) Total for Corporate $ — $ (0.1 ) $ 2.8 $ 2.1 1. Included in "Selling, R&D and general expenses" in the condensed consolidated statements of income. 2. Included in "Cost of Goods Sold" in the condensed consolidated statements of income. 3. Included in "Other income (expense), net" in the condensed consolidated statements of income. Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 (In millions) Pre-Tax Net of Tax Pre-Tax Net of Tax Aluminum Extrusions: (Gains) losses from sale of assets, investment writedowns and other items: Consulting expenses for ERP/MES project1 $ 0.8 $ 0.7 $ 1.4 $ 1.1 Storm damage to the Newnan, Georgia plant1 0.2 0.1 0.3 0.2 Legal fees associated with the Aluminum Extruders Trade Case1 0.3 0.2 0.5 0.4 Total for Aluminum Extrusions $ 1.3 $ 1.0 $ 2.2 $ 1.7 PE Films: (Gains) losses associated with plant shutdowns, asset impairments and restructurings: Richmond, Virginia Technical Center closure expenses, including severance2 $ 0.1 $ 0.1 $ 0.3 $ 0.2 Richmond, Virginia Technical Center lease modification2 — — 0.3 0.3 Total for PE Films $ 0.1 $ 0.1 $ 0.6 $ 0.5 Corporate: (Gain) losses from sale of assets, investment writedowns and other items: Professional fees associated with business development activities1 $ — $ — $ 0.2 $ 0.2 Professional fees associated with remediation activities related to internal control over financial reporting1 0.4 0.3 1.3 1.0 Professional fees associated with the transition to the ABL Facility1 — — 0.2 0.1 Group annuity contract premium adjustment3 (0.2 ) (0.2 ) (0.2 ) (0.2 ) Total for Corporate $ 0.2 $ 0.1 $ 1.5 $ 1.1 1. Included in "Selling, R&D and general expenses" in the condensed consolidated statements of income. 2. For more information, see Note (g). 3. Included in "Other income (expense), net" in the condensed consolidated statements of income. (d) For discussion on Tredegar's presentation of net income (loss) from ongoing operations, please refer to Note (a) above. Reconciliations of the pre-tax and post-tax balances attributed to net income (loss) from ongoing operations for the three and six months ended June 30, 2025 and 2024 and are shown below in order to show the impact on the effective tax rate: (In millions) Pre-Tax Taxes Expense (Benefit) After-Tax EffectiveTax Rate Three Months Ended June 30, 2025 (a) (b) (b)/(a) Net income (loss) from continuing operations as reported under GAAP $ 2.8 $ 1.0 $ 1.8 35.0 % (Gains) losses associated with plant shutdowns, asset impairments and restructurings — — — (Gains) losses from sale of assets and other — — — Net income (loss) from ongoing operations $ 2.8 $ 1.0 $ 1.8 35.0 % Three Months Ended June 30, 2024 Net income (loss) from continuing operations as reported under GAAP $ 9.1 $ (0.1 ) $ 9.2 (0.4 )% (Gains) losses associated with plant shutdowns, asset impairments and restructurings 0.1 — 0.1 (Gains) losses from sale of assets and other 1.4 0.4 1.0 Net income (loss) from ongoing operations $ 10.6 $ 0.3 $ 10.3 2.8 % Six Months Ended June 30, 2025 Net income (loss) from continuing operations as reported under GAAP $ 4.1 $ 1.6 $ 2.5 38.4 % (Gains) losses associated with plant shutdowns, asset impairments and restructurings — — — (Gains) losses from sale of assets and other 3.8 0.9 2.9 Net income (loss) from ongoing operations $ 7.9 $ 2.5 $ 5.4 31.3 % Six Months Ended June 30, 2024 Net income (loss) continuing operations as reported under GAAP $ 14.1 $ 2.3 $ 11.8 16.6 % (Gains) losses associated with plant shutdowns, asset impairments and restructurings 0.6 0.1 0.5 (Gains) losses from sale of assets and other 3.6 0.9 2.7 Net income (loss) from ongoing operations $ 18.3 $ 3.3 $ 15.0 18.0 % (e) Net debt is calculated as follows: (In millions) June 30, December 31, 2025 2024 Short-term debt $ 0.6 $ 1.3 ABL revolving facility 62.0 60.6 Total debt 62.6 61.9 Less: Cash and cash equivalents 9.8 7.1 Net debt $ 52.8 $ 54.8 Net debt is not intended to represent total debt as defined by GAAP. Net debt is utilized by management in evaluating the Company's financial leverage and equity valuation, and management believes that investors also may find net debt to be helpful for the same purposes. Net leverage ratio is a non-GAAP financial measure. It is not intended to represent the stand-alone results for Tredegar under GAAP and should not be considered as an alternative to net income (loss) and total debt as defined by GAAP. Net leverage ratio is utilized by management in evaluating the Company's financial leverage, and management believes that investors also may find the net leverage ratio to be helpful for the same purposes. In addition, earnings before interest, taxes, depreciation and amortization as defined in the ABL Facility ("Credit EBITDA") is provided below. As of or for Twelve Months EndedJune 30, 2025(1) ($ in millions) Net debt $ 52.8 Credit EBITDA(2) $ 42.0 Net leverage ratio 1.3 Actual Credit EBITDA amounts are for the twelve months ended June 30, 2025 and actual net debt amounts are as of June 30, 2025. See Note (h) for more information. (f) Tredegar's presentation of Consolidated EBITDA from ongoing operations is a non-GAAP financial measure that excludes the effects of gains or losses associated with plant shutdowns, asset impairments and restructurings, gains or losses from the sale of assets, goodwill impairment charges, discontinued operations, net periodic benefit cost for the frozen defined benefit pension plan and other items (which includes gains and losses for an investment accounted for under the fair value method). Consolidated EBITDA from ongoing operations also excludes depreciation & amortization, stock option-based compensation costs, interest and income taxes. Consolidated EBITDA is a key financial and analytical measure used by management to gauge the operating performance of Tredegar's ongoing operations. It is not intended to represent the stand-alone results for Tredegar's ongoing operations under GAAP and should not be considered as an alternative to net income (loss) or earnings (loss) per share as defined by GAAP. It excludes items that management believes do not relate to Tredegar's ongoing operations. A reconciliation of Consolidated EBITDA from ongoing operations for the three and six months ended June 30, 2025 and 2024 is shown below: Three Months Ended June 30, Six Months Ended June 30, ($ in millions) 2025 2024 2025 2024 Net income (loss) from continuing operations as reported under GAAP1 $ 1.8 $ 9.2 $ 2.5 $ 11.8 After-tax effects of: (Gains) losses associated with plant shutdowns, asset impairments and restructurings — 0.1 — 0.5 (Gains) losses from sale of assets and other — 1.0 2.9 2.7 Net income (loss) from ongoing operations1 1.8 10.3 5.4 15.0 Depreciation and amortization 5.4 5.9 10.9 11.8 Interest expense 1.8 1.1 2.8 2.3 Income taxes from ongoing operations1 1.0 0.3 2.5 3.3 Consolidated EBITDA from ongoing operations $ 10.0 $ 17.6 $ 21.6 $ 32.4 1. Reconciliations of the pre-tax and post-tax balances attributed to net income (loss) from continuing operations are shown in Note (d). (g) In August 2023, the Company adopted a plan to close the PE Films technical center in Richmond, VA and reduce its efforts to develop and sell films supporting the semiconductor market. Future research & development activities for PE Films will be performed at the production facility in Pottsville, PA. PE Films continues to have new business opportunities primarily relating to surface protection films that protect components of flat panel and flexible displays. All activities ceased at the PE Films technical center in Richmond, VA as of the end of the first quarter of 2024. (h) The computation of Credit EBITDA, as defined in the ABL Facility, is presented below. Computations of Credit EBITDA (as defined in the ABL Facility) as of and for the Twelve Months Ended June 30, 2025 * Computations of Credit EBITDA for the twelve months ended June 30, 2025 (in thousands): Net income (loss) $ (64,814 ) Plus: After-tax losses related to discontinued operations 56,584 Total income tax expense for continuing operations — Interest expense 5,139 Depreciation and amortization expense for continuing operations 22,301 All non-cash losses and expenses, plus cash losses and expenses not to exceed $10,000, for continuing operations that are classified as unusual, extraordinary or which are related to plant shutdowns, asset impairments and/or restructurings (cash-related of $9,922) 23,301 Charges related to stock option grants and awards accounted for under the fair value-based method — Losses related to the application of the equity method of accounting — Losses related to adjustments in the estimated fair value of assets accounted for under the fair value method of accounting — Fees, costs and expenses incurred in connection with the amendment process (Amendment No. 3 "ABL Transition") 412 Fees, costs and expenses incurred in connection with the amendment process (Amendment No. 5) — Minus: After-tax income related to discontinued operations — Total income tax benefits for continuing operations (951 ) Interest income (22 ) All non-cash gains and income, plus cash gains and income in excess of $10,000, for continuing operations that are classified as unusual, extraordinary or which are related to plant shutdowns, asset impairments and/or restructurings — Income related to changes in estimates for stock option grants and awards accounted for under the fair value-based method — Income related to the application of the equity method of accounting — Income related to adjustments in the estimated fair value of assets accounted for under the fair value method of accounting — Plus or minus, as applicable, pro forma EBITDA adjustments associated with acquisitions and asset dispositions — Credit EBITDA $ 41,950 Fixed charge coverage ratio**: Credit EBITDA $ 41,950 Unfinanced capital expenditures $ 13,873 Fixed charges $ 5,716 Fixed charge coverage ratio 4.91 * Credit EBITDA is not intended to represent net income (loss) or cash flow from operations as defined by GAAP and should not be considered as an alternative to either net income (loss) or to cash flow. ** Fixed Charge Coverage Ratio is computed as the ratio of (a) Credit EBITDA minus Unfinanced Capital Expenditures to (b) Fixed Charges. 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Kits Eyecare Stock Has Doubled This Year: My Prediction for What Comes Next…
Written by Aditya Raghunath at The Motley Fool Canada Valued at a market cap of $533 million, Kits Eyecare (TSX:KITS) operates a digital eyecare platform in the United States and Canada. It manufactures progressive and contact lenses, eyeglasses, and frames under the KITS brand, as well as distributes eyewear products of various brands. Kits operates a network of optical e-commerce websites, including and In the last three years, the small-cap TSX stock has returned 575% to shareholders, crushing broader market returns by a wide margin. Let's see if Kits Eyecare stock is still a good buy right now. How did Kits Eyecare stock perform in Q2 2025? In Q2 2025, Kits Eyecare reported record sales of $49.6 million, an increase of 31% year over year above its midpoint guidance of $49 million. The Canada-based digital eyecare provider also achieved its 11th consecutive quarter of positive adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) at $2.6 million, indicating a margin of 5.2%. The standout performance came from the company's glasses segment, which generated $7.2 million in revenue, up 44% year-over-year. Kits delivered over 112,000 pairs of glasses during the quarter, a 53% increase from the prior year. Premium lens upgrades accounted for 46% of glasses revenue and grew 58% annually, which suggests that customers are gravitating toward higher-value products. Growth markets Canada emerged as a key growth driver, with revenue in the region growing 44% year-over-year. This strength was attributed to new and returning customers across glasses and contact lenses, reflecting the success of the company's 'Own This Town' localized marketing strategy. The initiative has generated increased awareness in targeted markets, contributing to improved customer acquisition metrics. Kits welcomed over 111,000 new customers in Q2, a record for the company and a 55% increase from last year. These new customers contributed over 39% of revenue in the June quarter. The company's two-year active customer base now exceeds 991,000 people, growing 13% annually, with repeat customers representing over 60% of Q2 revenue. Gross margins expanded to 36.3%, up 350 basis points year-over-year, despite absorbing the impact of record new customer growth. The margin improvement was driven by a higher mix of glasses sales and premium lens upgrades, in addition to tighter promotional controls. Its vertically integrated manufacturing model continues to provide competitive advantages in quality and cost efficiency. Outlook Kits projects Q3 revenue between $52 million and $54 million with adjusted EBITDA margins of 5-7%. It expects marketing expenses to moderate slightly while maintaining gross margin improvements. Management highlighted the launch of OpticianAI, a technology platform designed to enhance frame selection and customization, as customers report superior online experiences compared to traditional retail channels. The results underscore Kits' strategy of building lifetime customer relationships through superior digital experiences while maintaining operational discipline and margin expansion. Is the TSX stock undervalued? Analysts tracking Kits Eyecare forecast revenue to grow from $159 million in 2024 to $294 million in 2029. In this period, adjusted earnings are estimated to grow from $0.04 per share to $0.81 per share. Today, KITS stock trades at a forward price-to-earnings multiple of 68.4 times, which might seem lofty. However, this steep multiple is supported by robust growth estimates. If KITS trades at 40 times forward earnings, the TSX stock could roughly double over the next four years. The post Kits Eyecare Stock Has Doubled This Year: My Prediction for What Comes Next… appeared first on The Motley Fool Canada. Should you invest $1,000 in Kits Eyecare right now? Before you buy stock in Kits Eyecare, consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Kits Eyecare wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading 10 Stocks Every Canadian Should Own in 2025 3 Canadian Companies Powering the AI Revolution Fool contributor Aditya Raghunath has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Kits Eyecare. The Motley Fool has a disclosure policy. 2025