Roots Q2 Adj. EPS $(0.08) Beats $(0.17) Estimate, Sales $49.544M Down From $50.769M YoY
Roots (TSX:ROOT) reported quarterly losses of $(0.08) per share which beat the analyst consensus estimate of $(0.17) by 52.94 percent. This is a 27.27 percent increase over losses of $(0.11) per share from the same
Roots lost less money per share than experts thought it would, which is good news. Sales went down compared to last year, so watch if the company can grow its business while still spending less.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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