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Roots Corp T.ROOT

Alternate Symbol(s):  RROTF

Roots Corporation is a global lifestyle brand company. The Company designs, markets, and sells a range of selection of products in different departments, including women's men's, children's, and gender-free apparel, leather goods, footwear, and accessories. It operates through two segments: Direct-to-Consumer and Partners and Other. The Direct-to-Consumer segment comprises of sales through corporate retail stores and the Company's e-commerce Website www.roots.com. The Partners and Other segment consist primarily of the wholesale of Roots-branded products to its international operating partner. The Partners and Other segment also include the Company's sales from its Roots-branded storefront on business-to-consumer marketplace Website Tmall.com in China, the wholesale of Roots-branded products to select retail partners, and the sale of custom Roots-branded products to select business clients. It operates over 100 corporate retail stores in Canada and two stores in the United States.


TSX:ROOT - Post by User

Bullboard Posts
Post by display_nameon Dec 06, 2018 11:13am
90 Views
Post# 29075767

Thinking of opening a position but

Thinking of opening a position butI am not seeing how they plan on meeting their income projections for 2020? If they couldn't hit 2.8 m this quarter even if they adjust their forward looking 2020 numbers to $20 mln-C$24 mln, from C$35 mln-C$40 I don't see how they think they're going to average 5 mln a quarter in two years if they're struggling to pull of 2 mln a quarter now... Market may not be done punishing this stock if they can't bring their projections in line with reality.
Bullboard Posts