TORONTO - Roots Corp. reported a profit of $14.7 million in its latest quarter as its sales rose 4.2 per cent compared with a year ago.
The retailer says its profit amounted to 37 cents per share for the quarter ended Jan. 31 compared with a loss of $21.7 million or 54 cents per share a year earlier when it took a non-cash impairment charge.
On an adjusted basis, Roots says it earned 42 cents per share in its latest quarter compared with an adjusted profit of 40 cents per share in the same quarter last year.
Sales for what was the company's fourth quarter totalled $115.5 million, up from $110.8 million. Direct-to-consumer sales amounted to $107.0 million, up from $101.2 million, while partners and other sales totalled $8.5 million, down from $9.6 million.
Last month, Roots launched a strategic review that it said could end with a sale of the clothing retailer.
Roots chief executive Meghan Roach said the company is pleased with the level of interest and engagement in the process.
This report by The Canadian Press was first published April 9, 2026.
Companies in this story: (TSX:ROOT)
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