Roots Corporation

Equities

ROOT

CA7766521099

Apparel & Accessories Retailers

Market Closed - Toronto S.E. Other stock markets 19:30:20 26/06/2024 BST			5-day change	1st Jan Change
2.05 ^CAD	-1.91%		-2.38%	-18.00%

06-10	Transcript : Roots Corporation, Q1 2025 Earnings Call, Jun 10, 2024
06-10	Roots Fiscal Q1 Loss Widens 12% as Sales Drop	MT

Roots Corporation Reports Earnings Results for the First Quarter Ended May 04, 2024

June 10, 2024 at 12:07 pm

Roots Corporation reported earnings results for the first quarter ended May 04, 2024. For the first quarter, the company reported sales was CAD 37.46 million compared to CAD 41.5 million a year ago. Net loss was CAD 8.9 million compared to CAD 7.97 million a year ago.

Basic loss per share from continuing operations was CAD 0.22 compared to CAD 0.19 a year ago. Diluted loss per share from continuing operations was CAD 0.22 compared to CAD 0.19 a year ago.

Latest news about Roots Corporation

Transcript : Roots Corporation, Q1 2025 Earnings Call, Jun 10, 2024	06-10
Roots Fiscal Q1 Loss Widens 12% as Sales Drop	06-10	MT
Roots Corporation Reports Earnings Results for the First Quarter Ended May 04, 2024	06-10	CI
Transcript : Roots Corporation, Q4 2024 Earnings Call, Apr 10, 2024	04-10
Roots Corp Reports Q4 EPS of $0.36, Revenue Falls Near 3% YoY, Also Cuts Inventory Balance by 34%	04-10	MT
Roots Corporation Reports Earnings Results for the Full Year Ended February 03, 2024	04-10	CI
Roots Corp. Brief: Q4 Sales decreased 2.9% year-over-year to $108.2 million; Net income totaled $14.6 million compared to $13.0 million in the fourth quarter of 2022	04-10	MT
Roots Corporation's Equity Buyback announced on December 9, 2022, has expired.	12-14	CI
Toronto Stocks Edge Down; Roots Slides on Lower 3Q Profit, Revenue	12-06	DJ
Transcript : Roots Corporation, Q3 2024 Earnings Call, Dec 06, 2023	12-06
Roots Corp Reports Q3 2023 EPS of $0.01	12-06	MT
Tranche Update on Roots Corporation's Equity Buyback Plan announced on December 9, 2022.	12-06	CI
Roots Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended October 28, 2023	12-06	CI
Roots Corp. Brief: Net debt reduced 10% year-over-year to $52.9 million	12-06	MT
Roots Corp. Brief: Q3 Net income totaled $0.5 million compared to $2.2 million in Q3 2022	12-06	MT
Roots Corp. Brief: Q3 Sales reached $63.5 million, down 9.0% from $69.8 million in Q3 2022	12-06	MT
Roots Corporation Welcomes Leslie Golts as Chief Marketing Officer	11-16	CI
Roots Corp. Brief: Launching Collaboration with Hong Kong-Based Streetwear Brand CLOT	11-10	MT
Roots Corporation Launches Exclusive Collaboration with CLOT	11-10	CI
RBC Capital on Roots Corp -- "Keeping an Eye on Inventory Through H2"	19/09/23	MT
Roots Corporation Reports Earnings Results for the Second Quarter and Six Months Ended July 29, 2023	12/09/23	CI
Tranche Update on Roots Corporation's Equity Buyback Plan announced on December 9, 2022.	12/09/23	CI
Transcript : Roots Corporation, Q2 2024 Earnings Call, Sep 12, 2023	12/09/23
Roots' Fiscal Q2 Loss Widens, Total Sales Rise	12/09/23	MT
Roots Corp. Brief: Q2 Sales reached $49.4 million, up 3.4% from $47.8 million in Q2 2022; Net loss totaled ($5.3) million compared to ($3.2) million in Q2 2022	12/09/23	MT

Chart Roots Corporation

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Company Profile

Roots Corporation is a global lifestyle brand company. The Company designs, markets, and sells a range of selection of products in different departments, including women's men's, children's, and gender-free apparel, leather goods, footwear, and accessories. It operates through two segments: Direct-to-Consumer and Partners and Other. The Direct-to-Consumer segment comprises of sales through corporate retail stores and the Company's e-commerce Website www.roots.com. The Partners and Other segment consist primarily of the wholesale of Roots-branded products to its international operating partner. The Partners and Other segment also include the Company's sales from its Roots-branded storefront on business-to-consumer marketplace Website Tmall.com in China, the wholesale of Roots-branded products to select retail partners, and the sale of custom Roots-branded products to select business clients. It operates over 100 corporate retail stores in Canada and two stores in the United States.

Sector

Apparel & Accessories Retailers

Calendar

22/07/2024 - Annual General Meeting

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Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.05 CAD

Average target price

3.25 CAD

Spread / Average Target

+58.54%

Consensus

Quarterly earnings - Rate of surprise

Company calendar

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