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Roots First Quarter 2026 Earnings: CA$0.20 loss per share (vs CA$0.22 loss in 1Q 2025)

Roots First Quarter 2026 Earnings: CA$0.20 loss per share (vs CA$0.22 loss in 1Q 2025)

Yahoo9 hours ago

Revenue: CA$40.0m (up 6.7% from 1Q 2025).
Net loss: CA$7.91m (loss narrowed by 11% from 1Q 2025).
CA$0.20 loss per share (improved from CA$0.22 loss in 1Q 2025).
Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Specialty Retail industry in Canada.
Performance of the Canadian Specialty Retail industry.
The company's shares are up 9.2% from a week ago.
What about risks? Every company has them, and we've spotted 1 warning sign for Roots you should know about.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Zenobē and Brampton lead CA$4 billion initiative to electrify transit bus fleet in landmark UK-Canada collaboration
Zenobē and Brampton lead CA$4 billion initiative to electrify transit bus fleet in landmark UK-Canada collaboration

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Zenobē and Brampton lead CA$4 billion initiative to electrify transit bus fleet in landmark UK-Canada collaboration

CA$4B to fund one of North America's largest single zero-emission bus initiatives Initiative expected to support 5,000 direct and indirect jobs across U.K. and Canada Funding to mark the first phase of broader electrification agreement and framework which will lead to full decarbonisation of the transit network of one of Canada's fastest growing cities Partnership showcases the landmark collaboration between public and private sectors in the U.K. and Canada, and is expected to serve as a model for other zero-emission projects LONDON, U.K. AND BRAMPTON, ON, June 15, 2025 /CNW/ -- Zenobē, a global fleet electrification and battery storage specialist headquartered in London, and the City of Brampton, Ontario, today announced their leadership of a group of U.K. and Canada-based partners including TD Securities Inc. and OEMs that will launch a CA$4 billion partnership to support the zero emissions transition of the Brampton Transit bus fleet. This effort will mark the first phase of a 10-year electrification framework, serving Toronto's largest suburb and supporting the transition to a zero-emission public transit system. This initiative highlights the power of public and private partnerships and will bring CA$1B foreign investment into Canada, further strengthening U.K.-Canadian business ties. The Brampton project is one of the largest zero-emission bus (ZEB) programs in North America, offering substantial environmental and social benefits. ZEBs reduce greenhouse gas emissions, improve local air quality and decrease noise pollution — all of which contribute to healthier, cleaner communities. The partnership intends to bring 1,000 electric buses to the roads and replace the city's existing diesel vehicles. It will initially support current routes and ridership numbers of more than 40 million passengers annually, with the first phase of the project's infrastructure is expected to go live in early 2027. As part of this partnership, Brampton will procure electric buses from Canadian suppliers, with planning and design, software, supply chain relationships and capital markets expertise provided by the Zenobē team. The initiative also includes comprehensive technical experience and expertise from the U.K. and dedicated electrical and civil engineering teams on the ground in Brampton. Hon. Fouzia Younis, U.K.'s Consul-General to Ontario, announced: "This landmark partnership between Zenobē and the City of Brampton is a powerful example of how U.K.-Canada collaboration can deliver real-world solutions to global challenges. It showcases the U.K.'s leadership in clean transport and infrastructure, while creating skilled jobs and driving innovation on both sides of the Atlantic. I am thrilled to see British expertise helping to shape a more sustainable future for one of Canada's fastest-growing cities, and we look forward to this project serving as a model for future international cooperation." Steven Meersman, Co-Founder and Director, Zenobē, commented: "We bring considerable experience working with local and federal public sector partners to enable and accelerate their transition to electric fleets. Our customized match-funding options, combined with the experience from delivering over 120 electric depots globally, lowers costs and de-risks the inevitable path to zero-emission fleets. We are delighted to grow our presence in Canada, and with Brampton, as we jointly achieve their financial and ecological objectives. We expect this will serve as a model for other projects currently under development." Hon. Maninder Sidhu, Minister of International Trade, Member of Parliament, Brampton East noted: "The U.K. is one of our oldest and closest trading partners and I am very excited that our relationship will deepen even more through the investment partnership between the City of Brampton and Zenobē. As Canada continues our efforts on trade diversification, this investment by U.K. partners is great news for our economy, creating thousands of jobs." Brampton Mayor, Patrick Brown, stated: "This historic investment marks a turning point for Brampton and for public transit across Canada. By transitioning to a fully electric bus fleet, we're not only reducing emissions — we're creating jobs, improving air quality, and building a cleaner, healthier future for our residents. Brampton is proud to lead one of North America's largest zero-emission transit projects, and we are grateful to our partners in the U.K. and Canada for helping make this bold vision a reality." Heidi Dempster, General Manager, Transit, City of Brampton, remarked: "With one of the largest zero-emission bus programs in North America, Brampton is setting a new standard for sustainable, modern public transit. Beyond reducing emissions and improving air quality for our residents, this partnership will also drive local economic growth, creating thousands of jobs and building expertise right here in Brampton. We're proud to work alongside Zenobē and all partners as we deliver on Council's vision for a cleaner, healthier, and more resilient future for one of Canada's fastest-growing communities." Founded in 2017, Zenobē has helped transform the public transport sector by introducing largescale fleet electrification backed by innovative debt financing and leading expertise in optimising operations. Today, it supports over 2,000 electric vehicles in the United States, Europe, Australia, New Zealand and the U.K. This announcement solidifies Zenobē's position as a global leader in heavy-duty fleet electrification. Zenobē provides end-to-end electrification solutions to public and commercial fleet operators, including financing, charging infrastructure and a battery managed service. Zenobē's joint majority shareholders are KKR and M&G Infracapital, who provided £870 million (CA$1.6 billion) of equity in 2023 for global investment into electric vehicles and grid-scale batteries. About Zenobē Energy Ltd. (Zenobē): Zenobē is an EV fleet and grid-scale battery storage specialist, headquartered in the U.K. The company began operations in 2017 and now employs >380 FTEs with a wide range of leading skills including electrical engineering, software development, computer sciences and financing. 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In 2024, Brampton Transit proudly served over 43 million riders, marking a significant milestone in our journey of growth and service excellence. Learn more at Follow Brampton Transit on X, Facebook and Instagram. About BramptonAs one of the fastest-growing cities in Canada, Brampton is home to nearly 800,000 people and more than 110,000 businesses. People are at the heart of everything we do. We are energized by our diverse communities, we attract investment and we are embarking on a journey to lead technological and environmental innovation. We partner for progress to build a healthy city that is safe, sustainable and successful. Connect with us on X, Facebook, LinkedIn and Instagram. Learn more at View original content to download multimedia: SOURCE Zenobē North America View original content to download multimedia: 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

G7 is a big moment for Carney. Here are five things to watch
G7 is a big moment for Carney. Here are five things to watch

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G7 is a big moment for Carney. Here are five things to watch

Leaders of some of the world's wealthiest countries have descended on a luxury mountain lodge nestled in Canada's Rockies for this year's G7 summit. The elite gathering comes as western allies face numerous crises, from conflicts on three continents to global economic instability. Canada chairs the G7 this year and will host leaders of Italy, US, France, Germany, UK and Japan in Kananaskis, Alberta. It has promised a set of streamlined priorities focused around the global economy and security. But Mark Carney's carefully planned agenda has now been upended by the Israel-Iran conflict. It is his first major international gathering as Canadian prime minister. Here are five challenges ahead. This summit was set to be a test of his ability to meet three lofty goals he advanced for Canada - taking a leadership role on the global stage, becoming the strongest G7 economy and weaning off US dependency. Now the Iran issue has suddenly shot to the top of the G7 agenda, forcing his officials to rejig their preparations. But one thing is clear. Carney will be closely watched for how he handles US President Donald Trump, who has frequently undermined Canada's sovereignty. Iran issue sure to dominate G7 summit John Kirton, director of G7 Research Group at the University of Toronto, said that scrutiny will start from the arrival ceremony, where he'll need to show that he's treating Trump as an equal. And keep him in check when the meetings are under way. The summit offers the potential to secure some Canadian wins, perhaps new trade and security deals with the US, hatched last month in Washington. At that meeting, Carney gave the president some golf gear from the Kananaskis Country Club, a scenic course within the tightly controlled perimeter of the summit. The summit is taking place amid a global trade war started by Trump, who is using tariffs as a way to rebalance trading relationships. He has said the US has been "looted, pillaged, raped and plundered by nations near and far, both friend and foe alike". It also comes as World Bank predicts the global economy will see the slowest decade for growth since the 1960s as the effect the US tariffs are felt - making it likely there will be some awkward - or "frank", in diplomatic lingo - conversations at this family gathering. A discussion on the global economy will kick-off the summit on Monday morning. But Trump's November election win has shifted the global agenda beyond trade. The gathering offers the president a chance to secure wins on some of his other priorities, such as migration, critical minerals, security and drug trafficking - all of which are on the agenda later in the day. The president has met each of his G7 counterparts since taking office but he will line up one-on-one meetings on the sidelines - he's already got Carney and the Mexican president in the diary. There are currently two bilateral meetings on his schedule, according to US officials, though there no details on who he is speaking with. This will be Trump's second time in Canada as US president, the first being a discordant summit in Charlevoix, Quebec, in 2018 shortly after he slapped steel and aluminium tariffs on Canada, Mexico and Europe. Charlevoix was memorable for ending in acrimony and disarray - captured in a now-famous photo of former German chancellor Angela Merkel confronting a defiant Trump as other world leaders and US aides looked on. The leaders struggled to agree on language over global trade for the final communique - a moment captured in that Merkel image - before Trump left the summit early. He headed to Singapore to sit down with North Korean leader Kim Jong-un while posting missives from Air Force One aimed at then Canadian Prime Minister Justin Trudeau. Many of the tensions from seven years ago remain relevant today. Carney hopes to avoid a similar derailment, and told Sky News last month that the lesson he took from that blow-up "is to be consistent - say the same thing in private as you do in public, say the same things after the summit as you do during the summit". Who's who in famous G7 photo The G7 is a "consensus body. We work together", a senior Canadian government official said in a briefing last week. With that in mind, Canada has chosen to eschew a final communique completely in favour of six of short joint statements on wildfires, critical minerals and other key agenda items. Canada's priorities for the confab are sharply focused on building stronger economies and strengthening peace and security, including harnessing the power of artificial intelligence and fortifying critical mineral supply chains. While there are no broad commitments expected on climate change, it is integrated into the agenda, a senior government official told a briefing this week, pointing to an effort to improve the international joint response to the growing global forest fire threat. Canada's worst wildfire season on record was in 2023 and this year could be on track to be the second worst. Smoke from the blazes has blanketed parts of North America and Europe and could be visible reminder to delegates in Kananaskis of the threat. Ukraine is another pressing topic on the agenda, with President Volodomyr Zelensky there hoping to discuss continued support for his country, sanctions against Russia, and future financing for reconstruction efforts. Tuesday morning will focus on that conflict, with Ukraine expected to push for more sanctions on Russia. Carney has also placed countering foreign interference - notably interference in global diaspora communities - high on the summit's agenda, setting up potential for tense discussions with some of the attending leaders who are not part of the G7. As host, Canada's role includes inviting leaders not permanently attached to the seven-member group, and Carney has given a number the nod to attend, some more controversial than others. As mentioned, Zelensky will be there. Prime Minister Narendra Modi will also be a guest, with Carney saying there are important discussions that India, as a major economic force, should be a part of. Modi's attendance comes amid deeply strained relations between the two countries over the murder of a Sikh separatist leader on Canadian soil. Carney invites Modi to G7, signalling thaw in relations Canada pledges to meet Nato's 2% defence spending target within a year Canada has accused India of carrying out that targeted killing of Hardeep Singh Nijjar two years ago and the G7 invitation has received backlash among some Sikh Canadians. Meanwhile, Mexico's president, Claudia Sheinbaum, has confirmed she will be in Kananaskis. Her presence sets the stage for talks on North American trade, which has been upended by Trump's tariffs. Sheinbaum has said she is keen to set up a one-on-one meeting with Trump, which would be the first between the pair. Carney has also invited European and Nato leaders and his counterparts from Australia, South Africa, South Korea, Indonesia, and Brazil.

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