Roots not seeing ‘pullback' in consumer spending as retailer reports $7.9M Q1 loss
'We haven't seen any weakening and no pullback,' Meghan Roach told analysts who asked her whether consumer confidence has been lagging or if customers were trading down for more affordable products.
Her observation was reflected in the retailer's first-quarter results, which showed sales at the Toronto-headquartered company rose 6.7 per cent to $40 million.
Much of the boost came from the company's direct-to-consumer business, which includes its retail stores and e-commerce operations.
Sales from that division totalled $34.6 million for the period ended May 3, up from $31.4 million a year earlier. The segment also saw comparable sales growth of 14.1 per cent.
Roach attributed the increase to existing products resonating with customers who she said responded well to the company's latest releases, too.
'We were also seeing strong adoption of updated cuts, which offer a modern take on comfort while staying true to the brand's DNA,' she said.
'This momentum in our core collection and the success of our new programs gives us confidence as we continue to balance innovation with the consistency your customers expect from us.'
Meanwhile, partner and other sales, which include wholesale Roots branded products, licensing to select partners and certain custom products, fell to $5.4 million, compared with $6.1 million in the same quarter last year.
Overall, Roots reported a first-quarter loss of $7.9 million compared with a loss of $8.9 million a year earlier as its sales rose 6.7 per cent.
The loss amounted to 20 cents per share for the quarter compared with a loss of 22 cents per share in the same quarter last year.
The results fit Roots' usual cadence, Roach said. Typically, the company generates 30 per cent of its sales in the first half of the year, when it tends to generate a loss. The back half usually brings profit.
This year Roots has been working to close 'underperforming' stores and reallocate resources to 'high potential' locations where the brand is resonating and there are opportunities for traffic growth.
Customer feedback and in-store analytics have also pushed the company to give some stores a makeover that has introduced new layouts, digital tools and modern materials and finishes into flexible fixtures meant to help the brand transition between seasons.
'The goal is to create a more immersive, intuitive, and inspiring retail environment, one that aligns with our brand direction and deepens emotional connection with customers,' Roach said.
This report by The Canadian Press was first published June 13, 2025.
Companies in this story: (TSX:ROOT)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Can-Am Launches New Generation Defender Side-by-Side, Engineered to Outperform
VALCOURT, QC, Aug. 17, 2025 /PRNewswire/ - Can-Am, iconic brand of BRP Inc. (TSX: DOO) (NASDAQ: DOOO), is changing the utility and recreational side-by-side landscape with the next generation of its Can-Am Defender model. Trusted by farmers, ranchers and riders across the world, the Defender is renowned for its power and skill to turn work and play into one. For 2026, this iconic workhorse receives a ground-up overhaul, further solidifying its position as one of the most capable, versatile and reliable utility-recreational side-by-sides on the market. "At Can-Am, we know that the clock never stops for the farmers, ranchers and builders around the world," said Julie Tourville, Director, Global Marketing, Can-Am Off-Road at BRP. "This new Defender platform is built to prove it and match the unstoppable spirit of our hardworking customers. From managing farmland, to running a job site, or escaping to the backcountry, the new generation Defender is all about bringing true value to our riders with practical and best-in-class features, industry-leading technology and reliable performance that they can count on to help them get the job done and beyond." PowertrainAt the core of the next-generation Can-Am Defender is an all-new HD11 999cc inline three-cylinder Rotax ACE engine, boasting 95 horsepower and 70 lb-ft of torque. The HD11 powerplant is paired with an all-new continuously variable transmission (CVT) and pDrive primary clutch that are designed to put power to the ground with precision and improve low-speed power delivery, while enhancing reliability. With three new selectable drive modes – Normal, Work and Sport – the engine optimizes performance for the toughest tasks, from towing heavy loads to conquering some of the most demanding terrains. A new intake system promotes airflow to bolster engine performance, while an updated cooling system manages engine temperature and enhances HVAC (heating, ventilation, and air conditioning) performance. The 2026 Defender XT packages are equipped with a new Quick-4Lok auto-locking front differential, while the Limited, Lone Star and X mr packages carry the automatic, electronically controlled Smart-Lok front differential to maximize traction in most conditions. The new Defender continues to lead the way with best-in-class payload, towing and cargo capacity, and it now comes equipped with a new, larger 11.9-gallon fuel tank that enables longer days on the job or trail. Suspension and ChassisA best-in-class powertrain demands a suspension package and chassis that are up to the task. The 2026 Defender features new suspension geometry with a 65-inch-wide design and 50% larger arched double A-arms. The suspension and steering components are more robust and are assembled with double-bonded bushings, an industry first, for reduced maintenance and a quieter ride. The chassis has also been toughened up for the most demanding work and play scenarios, including improved ROPS. These changes not only increase toughness but also deliver sharper, more stable handling and advanced suspension performance even when the vehicle is loaded down with tools and gear. The Defender features 12 inches of front and rear suspension travel with 15 inches of ground clearance, which are best in class. The turning radius has also been reduced, making tight maneuvers easier than ever. Finally, the new, larger 262mm front brake rotors are gripped by 32mm hydraulic twin piston calipers and new brake pads, providing confidence-inspiring stopping power, even under heavy loads. Workability and Rider ExperienceWorking harder and smarter than ever before, the 2026 Defender offers comfort when riders want it and next-level capability when they need it. The ergonomics start with the largest cab in its class and 8% more leg room than the closest competition. Plus, the adjustable quick tilt steering wheel allows for convenient ingress and egress, while the backrest angle and seat foam have been revised for greater comfort and support. The new Defender Limited and Lone Star packages are equipped with an updated HVAC system, improving cooling and heating capacity. A simple three-knob system provides convenient climate control adjustment. CAB models also benefit from noise, vibration and harshness reduction for better communication with passengers thanks to a new roof liner, rear wall insulation and floor mats. Designed to take the rider experience to the next level, the new 10.25'' Touchscreen Display packs a range of useful features, including a back-up camera and built-in GPS to track every ride and locate friends with or without a phone or network connection. This infotainment system also lets riders seamlessly control music, monitor ride statistics, manage accessories and unlock advanced off-road navigation features through the BRP GO! app. With integrated Wi-Fi connectivity, it supports over-the-air software updates, so owners can effortlessly access the latest features as they become available. The 10.25'' Touchscreen Display comes standard on all Limited and Lone Star models, and it's available as an option on the XT and XT CAB. With over 200 accessories available to choose from, riders can customize their Defender to best suit their riding style and work needs. From convenient LinQ cargo boxes, to the new integrated plow mount and intuitive SMART accessories, this workhorse is a blank canvas ready for personalization. When it comes to outfitting the 2026 Defender with electronic accessories or powering tools and equipment, the new charging system produces 1700 Watts, doubling the output of the previous generation. To enhance the rider's line of sight in low-light conditions, the 2026 Defender features new LED headlights that produce 45% more output than the previous version. In addition, new LED rear lights include backup lights that turn on while in reverse. Designed with the rider in mind, the new Defender offers convenient access to service points, and it has some of the longest service intervals and lowest maintenance costs in the industry. This means less downtime for repairs and more time on the trail or taking on tough jobs. Vehicle LineupThe 2026 Defender HD11 has six distinct model configurations: the Defender XT, Defender XT CAB, Defender X mr, Defender Limited, Defender Lone Star and Defender Lone Star CAB. These configurations are offered in standard (3-seat), except for the Lone Star, and MAX (six-seat) variations for each of them. Defender HD7, HD9 and HD10 models also return for 2026. To learn more about the Can-Am Defender lineup, visit About BRPBRP Inc. is a global leader in the world of powersports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Quintrex boats, Manitou pontoons and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds. The Company completes its lines of products with a dedicated parts, accessories and apparel portfolio to fully optimize the riding experience. Committed to growing responsibly, BRP is developing electric models for its existing product lines. Headquartered in Quebec, Canada, BRP had annual sales of CA$7.8 billion from over 130 countries and employed approximately 16,500 driven, resourceful people as of January 31, 2025. Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Manitou, Quintrex, and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners. View original content to download multimedia: SOURCE BRP Inc. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
2 hours ago
- Yahoo
Can-Am Breaks New Ground: Introducing the Outlander Electric, Outlander MAX 6x6, Maverick R X rc, and the First ATV with Semi-Active Suspension
VALCOURT, QC, Aug. 17, 2025 /CNW/ - Can-Am, iconic brand of BRP Inc. (TSX:DOO) (NASDAQ: DOOO), continues to pioneer off-road innovation with new all-terrain vehicles (ATV) and side-by-side vehicles (SSV) for 2026. Pushing the envelope of technology, versatility and adventures, the 2026 ATV lineup includes the revolutionary Can-Am Outlander Electric, the rugged Outlander MAX 6x6, and the industry's first semi-active suspension ATV. The Can-Am Maverick lineup also makes strides in performance with the introduction of the new king of the rocks, the Maverick R X rc, and refinements to the Maverick X3 platform. "Innovation is at the core of Can-Am's DNA," said Julie Tourville, Director, Global Marketing, Can-Am Off-Road at BRP. "The 2026 Can-Am Off-Road lineup marks numerous innovations and industry firsts that showcase our relentless pursuit of the ultimate rider experience. From the first full-size production electric ATV to the next evolution of our Maverick R and Maverick X3 platforms, we are proud to be on the leading edge of the powersports industry." A Quiet Evolution: the All-New 2026 Can-Am Outlander ElectricThe 2026 Can-Am Outlander Electric redefines utility and adventure for farmers, ranchers, and outdoor enthusiasts alike. Powered by the same in-house, modular Rotax E-Power powerpack as BRP's electric motorcycles and snowmobiles, this new model delivers 47 hp and 53 lb-ft of torque, with up to 50 miles of range in optimal conditions. It features instant throttle response, selectable ride modes – Normal, Sport, Work – and charges from 20 to 80% in just 50 minutes using a Level 2 charger. What truly sets it apart is its whisper-quiet operation. Outfitted with electric power, noise-reducing XPS Recon Force tires, optimized suspension, and a low-noise cooling system, it enables a smooth riding experience that is perfect for connecting with the land and exploring nature without disturbing it. All of this, while still delivering the true Can-Am experience with industry-leading 1,830 lbs of towing capacity, impressive off-road performance, and more than 120 available accessories to deliver a fully customizable experience for any rider, in any environment. The Ultimate Utility on any Terrain: the Can-Am Outlander MAX 6x6Engineered to work harder, explore further and power through anything, the Can-Am Outlander MAX 6x6 goes places most ATVs would never dare. With six-wheel traction, a robust chassis and powerful, state-of-the-art Rotax engine packages, the Outlander MAX 6x6 offers unlimited adventure and is the hardest-working ATV in the Can-Am lineup. The Outlander MAX 6x6 Backcountry 1000R features 30-inch tires mounted to beadlock wheels. Also, an arched double A-arm suspension configuration, paired with SHOWA gas shocks, creates an impressively smooth and stable ride with plenty of ground clearance. It's powered by the industry-leading 999cc V-Twin Rotax engine, producing 101 horsepower and 69 lb-ft of torque. With selectable ride modes, Visco-6lok front differential and a refined continuously variable transmission (CVT), power is transferred to the ground with efficiency and precision while also providing riders with more grip and better maneuverability. The Outlander MAX 6x6 is also available in DPS 700 and DPS 850 packages. Developed in some of the harshest weather conditions on extreme terrain, the Outlander MAX 6x6 offers a potent combination of reliable performance and endless versatility. A New Semi-Active Suspension System for the Outlander XT-P and MAX LimitedFor the first time in the industry, Can-Am is introducing an ATV with a semi-active suspension. Available on Can-Am Outlander XT-P and MAX Limited packages, the Smart-Shox technology electronically adjusts the compression and rebound settings of the shocks to the terrain on the fly, providing the optimal mix of ride comfort and precise handling. The Smart-Shox system offers four distinct ride modes: Comfort, Normal, Sport and Work, the MAX versions include a fifth ride mode: Comfort 2-Up. The system collects real-time data from four position sensors to instantly adjust the valving of the shocks to match the terrain and speed of the vehicle. The result is an incredibly versatile ATV that can cruise comfortably, handle some of the toughest jobs on the ranch and attack the trail, all without manual suspension adjustment. The King of the Rocks: the Can-Am Maverick R X rcFirst introduced in 2024, the 240-horsepower Can-Am Maverick R has quickly become renowned for its raw speed and all-out desert performance. For 2026, the new Maverick R X rc is flipping the script, bringing purpose-built rock-crawling performance to the Maverick R platform. Can-Am carries a legacy of success at King of the Hammers, including winning the 2025 4400 Unlimited class race in a modified Maverick R. The new X rc package is the result of hard-earned knowledge from one of the toughest rock races in the world. The X rc package includes a range of rock-crawling-specific features like an Extra Low gear range and ROCK mode for the Smart-Lok differential, optimizing rock-crawling capabilities. Furthering its rock-ready capabilities, the X rc is outfitted with industry-first features like massive 35-inch XPS Hammer King tires and an integrated FOX steering damper. Protective components include a heavy-duty HMW plastic skid plate, A-arm protectors, rock sliders and an anti-intrusion bar. Whether riders are tackling Moab, crawling through the Rubicon, or forging their own path, the Maverick R X rc is engineered for conquering some of the most challenging and rockiest terrains. Tried and True Performance: the Can-Am Maverick X3A mainstay of the Can-Am Off-Road lineup, the Maverick X3 receives key refinements and an additional package offering for 2026. From recreational trail enthusiasts to die-hard racers, the X3 platform offers a wide range of packages to suit nearly any rider. The refinements amplify the rider experience with new technology. Modernized LED lighting brings a refreshed look and a sharper, more focused beam with over 1700 lumens. As a result, visibility of trail details, obstacles and depth perception is noticeably enhanced. Plus, all Maverick X3 X ds, X rs and X rc packages are outfitted with the 10.25'' Touchscreen Display, featuring built-in GPS with the new Group Ride feature to locate friends offline without a phone connection. It's also compatible with SMART accessories like light bars, chase lights and the intermittent wiper. Finally, an all-new Maverick X3 X Turbo package brings premium performance to the trail with dedicated features like a 4,500-lb winch, front bumper, full roof and half door inserts. It also features the 10.25'' Touchscreen Display with integrated GPS. To learn more about the 2026 Can-Am lineup, visit About BRPBRP Inc. is a global leader in the world of powersports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Quintrex boats, Manitou pontoons and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds. The Company completes its lines of products with a dedicated parts, accessories and apparel portfolio to fully optimize the riding experience. Committed to growing responsibly, BRP is developing electric models for its existing product lines. Headquartered in Quebec, Canada, BRP had annual sales of CA$7.8 billion from over 130 countries and employed approximately 16,500 driven, resourceful people as of January 31, 2025. Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Manitou, Quintrex, and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners. View original content to download multimedia: SOURCE BRP Inc. View original content to download multimedia: Sign in to access your portfolio
Yahoo
6 hours ago
- Yahoo
Air Canada suspends return to service until Monday
Air Canada said Sunday it was suspending its plans to return to work until Monday. The airline's decision follows a decision by the Canadian Union of Public Employees, which represents about 10,000 flight attendants, to defy an order by the Canadian Industrial Relations Board to return to work. 'The airline will resume flights as of (Monday) evening,' the company's statement said. On Friday, the CIRB ordered a resumption of air service by Air Canada and Air Canada Rouge, following a direction by Jobs Minister Patty Hadju. The minister also ordered the attendants to return to work. 'This order ended both CUPE's strike and the lockout Air Canada had imposed in response,' Air Canada said in the release. The shutdown affected about 240 flights, Air Canada said. Typically the carriers operate 700 flights a day. Meanwhile, the airline 'strongly advised' customers 'not to go the airport unless they have confirmed flights on other airlines.' 'Air Canada will offer those with cancelled flights options, including obtaining a full refund or receiving a credit for future travel. 'The carrier will also offer to rebook customers on other carriers, although capacity is currently limited due to the peak summer travel season.' Air Canada Express flights operated by Jazz or PAL continue to operate as normal. Earlier in the day, Air Canada flight attendants said Sunday they intend to remain on strike in defiance of a back-to-work order. The Canadian Union of Public Employees said it will challenge an order by the Canada Industrial Relations Board to return to work by 2 p.m. ET. 'Our members are not going back to work,' CUPE national president Mark Hancock said outside the Toronto Airport. Hancock said the union received notice from the CIRB late Saturday, informing them of the impending return to work. He said the union felt the 'whole process has been unfair.' 'Air Canada has really refused to bargain with us, and they refused to bargain with us because they knew this government would come in on their white horse and try and save the day,' he said. The strike has left thousands of passengers stranded or struggling to find ways to reach their destinations. Air Canada said on Sunday that the CIRB has ordered the terms of the collective agreement between the union and the airline that expired on March 31 be extended until a new agreement is reached. The Canadian Union of Public Employees, which represents more than 10,000 flight attendants, has accused federal Jobs Minister Patty Hajdu of caving to Air Canada's demands. CUPE says it is inviting Air Canada back to the table to negotiate a fair deal. The union called for a 'day of action' on Sunday, with demonstrations planned outside of the Toronto, Montreal, Vancouver and Calgary airports. Natasha Stea, the president of the local 4091 for flight attendants based in Montreal, said the workers supported defying the back-to-work order. 'I want to be very clear, Air Canada is choosing to do this to our passengers, to our company, because we are the face of the company, and they're trying to blame us for all this and getting together with their friends in the government to kind of circumvent all our rights,' she said at a demonstration outside the Toronto airport. She said workers are 'done being abused and exploited.' 'Where you have a multi-billion dollar company that's refusing to pay living wages to their employees, I just don't know.' CUPE originally announced its members were heading to the picket lines after being unable to reach an eleventh-hour deal with the airline, while Air Canada locked out its agents about 30 minutes later due to the strike action. The union has said its main sticking points revolve around wages that have been outpaced by inflation during its previous 10-year contract, along with unpaid labour when planes aren't in the air. Air Canada had previously asked Hajdu to order the parties to enter a binding arbitration process — a power granted to the minister through Section 107 of the Canada Labour Code.
