Brief: Roots Corp QTRLY Net Income $0.07 Per Share

Roots

05/12/2018 13:44

Roots Corp  ROOT.TO :
    * ROOTS REPORTS THIRD QUARTER FISCAL 2018 RESULTS AND
UPDATES
FISCAL 2019 TARGETS
    * ROOTS CORP QTRLY NET INCOME $0.07 PER SHARE
    * ROOTS CORP - QTRLY TOTAL SALES OF $87.0 MILLION DOWN 3.0%
AS
COMPARED TO $89.7 MILLION IN Q3 OF FISCAL 2017
    * ROOTS CORP -  QTRLY COMPARABLE SALES DECLINE OF (13.4%) AS
COMPARED TO COMPARABLE SALES GROWTH OF 10.0% IN Q3 2017
    * ROOTS CORP -  QTRLY DIRECT TO CONSUMER SALES OF $70.7
MILLION,
DOWN 8.4% FROM $77.2 MILLION IN Q3 2017
    * ROOTS CORP - REVISING FISCAL 2019 SALES TARGET RANGE TO
$358
MILLION TO $375 MILLION FROM PREVIOUS RANGE OF $410 MILLION TO
$450 MILLION
    * ROOTS CORP - REMAINS ON-TRACK TO ACHIEVE EXPECTED 300
BASIS
POINT IMPROVEMENT IN GROSS MARGIN WHEN COMPARING FISCAL 2019 TO
FISCAL 2016
    * ROOTS CORP -  REVISED ADJUSTED EBITDA AND ADJUSTED NET
INCOME
TARGETS FOR FISCAL 2019

Source text for Eikon:  ID:nCNWKr8Yxa 
Further company coverage:  ROOT.TO