Latest news with #RootsCorp
Hamilton Spectator
a day ago
- Business
- Hamilton Spectator
Retailer Roots reports $7.9M Q1 loss, sales up 6.7 per cent from year ago
TORONTO - Roots Corp. 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 retailer says the loss amounted to 20 cents per share for the quarter ended May 3 compared with a loss of 22 cents per share in the same quarter last year. Sales totalled $40.0 million, up from $37.5 million. The increase came as direct-to-consumer sales, which include corporate retail store and e-commerce sales, totalled $34.6 million, up from $31.4 million a year earlier. Roots says direct-to-consumer comparable sales growth was 14.1 per cent. Partners and other sales, which include wholesale Roots branded products, licensing to select partners and certain custom products, amounted to $5.4 million, down from $6.1 million in the same quarter last year. This report by The Canadian Press was first published June 13, 2025. Companies in this story: (TSX:ROOT)
CTV News
a day ago
- Business
- CTV News
Retailer Roots reports $7.9M Q1 loss, sales up 6.7 per cent from year ago
TORONTO — Roots Corp. 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 retailer says the loss amounted to 20 cents per share for the quarter ended May 3 compared with a loss of 22 cents per share in the same quarter last year. Sales totalled $40.0 million, up from $37.5 million. The increase came as direct-to-consumer sales, which include corporate retail store and e-commerce sales, totalled $34.6 million, up from $31.4 million a year earlier. Roots says direct-to-consumer comparable sales growth was 14.1 per cent. Partners and other sales, which include wholesale Roots branded products, licensing to select partners and certain custom products, amounted to $5.4 million, down from $6.1 million in the same quarter last year. This report by The Canadian Press was first published June 13, 2025.
Winnipeg Free Press
a day ago
- Business
- Winnipeg Free Press
Retailer Roots reports $7.9M Q1 loss, sales up 6.7 per cent from year ago
TORONTO – Roots Corp. 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 retailer says the loss amounted to 20 cents per share for the quarter ended May 3 compared with a loss of 22 cents per share in the same quarter last year. Sales totalled $40.0 million, up from $37.5 million. The increase came as direct-to-consumer sales, which include corporate retail store and e-commerce sales, totalled $34.6 million, up from $31.4 million a year earlier. Roots says direct-to-consumer comparable sales growth was 14.1 per cent. Partners and other sales, which include wholesale Roots branded products, licensing to select partners and certain custom products, amounted to $5.4 million, down from $6.1 million in the same quarter last year. Monday Mornings The latest local business news and a lookahead to the coming week. This report by The Canadian Press was first published June 13, 2025. Companies in this story: (TSX:ROOT)
