Roots (TSE:ROOT) Announces Earnings Results

Roots (TSE:ROOT) announced its earnings results on Friday. The company reported C($0.08) earnings per share (EPS) for the quarter, FiscalAI reports. Roots had a return on equity of 1.70% and a net margin of 0.90%.The business had revenue of C$49.54 million for the quarter.

Roots Trading Down 0.2%

Shares of Roots stock opened at C$4.07 on Friday. The company has a quick ratio of 0.25, a current ratio of 1.21 and a debt-to-equity ratio of 71.46. Roots has a 12-month low of C$2.82 and a 12-month high of C$4.70. The company has a market capitalization of C$159.53 million, a price-to-earnings ratio of 67.83, a PEG ratio of -0.54 and a beta of -0.05. The firm’s 50-day moving average price is C$3.68 and its two-hundred day moving average price is C$3.81.

Analyst Upgrades and Downgrades

Separately, TD downgraded Roots from a “hold” rating to a “sell” rating and reduced their price target for the stock from C$4.50 to C$4.10 in a research report on Friday, August 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell” and an average price target of C$4.10.

About Roots

Established in 1973, Roots is a global lifestyle brand. Starting from a small cabin in northern Canada, Roots has become a global brand which, as at the end of Q1 2026, operated 96 corporate retail stores and 11 short-term pop-up locations in Canada, two corporate retail stores in the United States, and an eCommerce platform, roots.com. We have more than 100 partner-operated stores in Asia, and we also operate a dedicated Roots-branded storefront on Tmall.com in China. We design, market, and sell a broad selection of products in different departments, including women’s men’s, children’s, and gender-free apparel, leather goods, footwear, and accessories.