Brief: Roots Says Q1 Same Store Sales Rose 6.4 Percent

Roots

13/06/2018 12:07

June 13 (Reuters) - Roots Corp  ROOT.TO :
    * ROOTS REPORTS FIRST QUARTER FISCAL 2018 RESULTS
    * Q1 SAME STORE SALES ROSE 6.4 PERCENT
    * Q1 SALES ROSE 5.8 PERCENT TO C$51 MILLION
    * QTRLY BASIC LOSS PER SHARE WAS $0.13
    * Q1 LOSS PER SHARE C$0.13
    * Q1 ADJUSTED LOSS PER SHARE C$0.11
    * ROOTS EXPECTS TO MAKE CAPITAL INVESTMENTS RELATED TO
FACILITY OF
APPROXIMATELY $16.0 MILLION THROUGH END OF FISCAL 2019
    * ON TRACK TO ACHIEVE SALES OF $410.0 MILLION TO $450.0
MILLION
TARGET FOR FISCAL 2019
    * ON TRACK TO ACHIEVE ADJUSTED EBITDA TARGET FOR FISCAL 2019
OF
$61.0 MILLION TO $68.0 MILLION
    * ON TRACK TO ACHIEVE FOLLOWING ADJUSTED NET INCOME OF $35.0
MILLION TO $40.0 MILLION FOR FISCAL 2019
    * Q1 EARNINGS PER SHARE VIEW C$-0.09, REVENUE VIEW C$55.0
MILLION
-- THOMSON REUTERS I/B/E/S

Source text for Eikon:  ID:nCNW9R2Nfa 
Further company coverage:  ROOT.TO 

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