Roots Reports $7.9-Million First-Quarter Loss, Sales up 6.7% From Year Ago
- Roots Corporation reported a $7.9 million first-quarter loss for the period ending May 3, 2025, with sales rising 6.7% to $40.0 million.
- The company's results followed three consecutive quarters of year-over-year sales growth, driven by strong comparable sales in stores and online.
- Direct-to-Consumer sales increased 10.2% to $34.6 million, while partners and other sales declined from $6.1 million to $5.4 million this quarter.
- President Meghan Roach highlighted "really strong results" with a 14.1% comparable sales increase and adjusted EBITDA rising 16.8% year-over-year.
- Roots is continuing to allocate resources toward enhancing its brand presence and promotional efforts while preparing to launch a new store on Vancouver’s Robson Street, demonstrating the company’s ongoing strength amid seasonal fluctuations and tariff-related challenges.
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Roots lost $7.9 million in the first quarter, up from $8.9 million a year earlier, with sales up 6.7%.
·Montreal, Canada
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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.
·Niagara Falls, Canada
Read Full ArticleRoots business "trending well": CEO Meghan Roach
Roots will be opening a new store on Robson Street in Vancouver this summer. It’s also doing a major renovation of its store in Mont Tremblant, which should also be completed this summer. The post Roots business “trending well”: CEO Meghan Roach appeared first on Retail Insider.
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