Roots Corporation (TSE:ROOT) has released an update.
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Roots Corporation has reported a strong third-quarter performance, showcasing a 5.3% increase in sales to $66.9 million and a significant improvement in net income to $2.4 million. The company’s success is driven by a refreshed marketing strategy and enhanced omnichannel experience, resonating well with both new and existing customers. Gross margins also saw a rise, and net debt decreased by 11.3% year-over-year.
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