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Roots Corporation (TSE:ROOT)
TSX:ROOT
Earnings Data
Report Date
Jun 11, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.19Last Year’s EPS
-0.22Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 09, 2025
|% Change Since: 12.84%
|Next Earnings Date:Jun 11, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant sales and margin improvements, strategic investments, and a substantial reduction in net debt, which were positive indicators. However, challenges such as a decline in partner sales, increased expenses, and a notable accounting net loss due to non-cash impairment were also discussed. The positive outcomes, particularly in sales and operational efficiencies, were more pronounced than the lowlights.Company Guidance
During the Roots Fourth Quarter and Fiscal Year 2024 Earnings Conference Call, the company reported a robust financial performance for Q4 2024, with total sales reaching $110.8 million, a 2.4% increase from the previous year, and a 4.5% growth when excluding the extra week in 2023. The Direct-to-Consumer segment saw a 7.5% increase in comparable sales, marking the highest growth since 2017, driven by AI-driven inventory allocations and enhanced marketing investments. The gross margin expanded by 270 basis points, leading to an adjusted EBITDA of $25.3 million, or 22.8% of sales, up 9.1% from last year. Roots significantly reduced net debt by 56.7% to $7.3 million, marking its lowest level ever. The company plans to continue investing in marketing and product innovation in 2025, leveraging AI tools for inventory optimization and enhancing e-commerce capabilities to drive long-term growth.Sales Growth in Direct-to-Consumer Segment
Q4 2024 sales reached $110.8 million, a 2.4% increase year-over-year. Excluding the extra week in 2023, sales grew 4.5%. Direct-to-Consumer comparable sales increased by 7.5%.
Improvement in Gross Margin
Gross margin expanded by 270 basis points, leading to an adjusted EBITDA of $25.3 million, a 9.1% increase from last year.
Significant Reduction in Net Debt
Net debt ended at $7.3 million, a 56.7% reduction compared to 2023, marking the lowest net debt ever.
Strong Performance in Activewear Collection
Adults activewear collection sales rose more than 40% year-over-year.
Successful Marketing Campaigns
The Anything Roots, Everything Holiday campaign delivered strong results, improving earned media and organic social impressions.
Launch of Roots External Tempo Collection
The collection marked efforts to reconnect with Roots heritage, receiving notable attention with focus on Made in Canada handcrafted leather jackets.
Strategic Investments and Innovations
AI-driven inventory allocations, enhanced e-commerce capabilities, and strategic store renovations were implemented to improve customer experience.
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TSE:ROOT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:ROOT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 09, 2025 | C$2.18 | C$2.29 | +5.05% |
| Dec 11, 2024 | C$2.04 | C$2.26 | +10.78% |
| Sep 13, 2024 | C$2.18 | C$2.15 | -1.38% |
| Jun 10, 2024 | C$2.20 | C$2.13 | -3.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Roots Corporation (TSE:ROOT) report earnings?
Roots Corporation (TSE:ROOT) is schdueled to report earning on Jun 11, 2025, TBA Not Confirmed.
What is Roots Corporation (TSE:ROOT) earnings time?
Roots Corporation (TSE:ROOT) earnings time is at Jun 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:ROOT EPS forecast?
TSE:ROOT EPS forecast for the fiscal quarter 2025 (Q1) is -0.19.
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