Roots Corporation reported earnings results for the first quarter ended April 29, 2023. For the first quarter, the company reported sales was CAD 41.5 million compared to CAD 43.07 million a year ago. Net loss was CAD 7.97 million compared to CAD 5.26 million a year ago.

Basic loss per share from continuing operations was CAD 0.19 compared to CAD 0.13 a year ago. Diluted loss per share from continuing operations was CAD 0.19 compared to CAD 0.13 a year ago.