Roots Corp T.ROOT

Alternate Symbol(s): RROTF

Consumer Cyclical Apparel Stores

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

Roots Corp

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Post by TheCount11on Jun 10, 2024 10:40am

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Post# 36080810

Q1 '24 vs Q1 '23 press release

In 2023 Management highlighted the following:
"Repurchased 461,812 shares for $1.4 million under the normal course issuer bid"
Stock was repurchased at $3.03 a share.

I don't see any mention of share repurchases in the Q1 2024 press release.

I still have to go through the financials to see if any stock was bought back. Be a shame because the stock was trading around $2.40

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