Roots Corporation (T:ROOT)
Business Focus: Apparel & Accessories Retailers (NEC)
| Sector: Consumer Cyclicals | Industry: Apparel & Accessories Retailers |
| Company Contact | |
| Address: | 1400 Castlefield Avenue TORONTO ON M6B 4C4 |
| Tel: | N/A |
| Website: | https://www.roots.com/ca/en/homepage |
| IR: | See website |
| Key People | ||
| Meghan Roach President, Chief Executive Officer, Director | Leon Wu Chief Financial Officer | Karuna Scheinfeld Chief Product Officer |
| Business Overview |
| Roots Corporation is a global lifestyle brand company. The Company designs, markets, and sells a range of selection of products in different departments, including women's men's, children's, and gender-free apparel, leather goods, footwear, and accessories. It operates through two segments: Direct-to-Consumer and Partners and Other. The Direct-to-Consumer segment comprises of sales through corporate retail stores and the Company's e-commerce Website www.roots.com. The Partners and Other segment consist primarily of the wholesale of Roots-branded products to its international operating partner. The Partners and Other segment also include the Company's sales from its Roots-branded storefront on business-to-consumer marketplace Website Tmall.com in China, the wholesale of Roots-branded products to select retail partners, and the sale of custom Roots-branded products to select business clients. It operates over 100 corporate retail stores in Canada and two stores in the United States. |
| Financial Overview |
| For the fiscal year ended 03 February 2024, Roots Corp revenues decreased 3% to C$262.7M. Net income decreased 73% to C$1.8M. Revenues reflect Direct-to-Consumer segment decrease of 4% to C$222.5M, Retail Sales - Total decrease of 4% to C$222.5M. Net income also reflects Selling, general and administrative increase of 1% to C$136.9M (expense). |
| Employees: | 1,824 as of Feb 3, 2024 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $188.77M as of Feb 3, 2024 |
| Annual revenue (TTM): | $262.67M as of Feb 3, 2024 |
| EBITDA (TTM): | $42.11M as of Feb 3, 2024 |
| Net annual income (TTM): | $1.84M as of Feb 3, 2024 |
| Free cash flow (TTM): | $33.86M as of Feb 3, 2024 |
| Net Debt Last Fiscal Year: | $96.85M as of Feb 3, 2024 |
| Shares outstanding: | 40,250,213 as of Feb 3, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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