Home Street Fashion Canadian brand Roots’ Q2 FY25 sales rise 6.3%, DTC growth hits 12.7%

Canadian brand Roots’ Q2 FY25 sales rise 6.3%, DTC growth hits 12.7%

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Roots Corporation has posted sales of $50.8 million in Q2 FY25, up 6.3 per cent, with DTC sales rising 12.7 per cent on strong 17.8 per cent comparable growth.
The gross margin improved to 60.7 per cent, while net loss narrowed to $4.4 million.
Adjusted EBITDA loss reduced, free cash flow improved, and net debt fell.
Inventory rose to support seasonal demand. H1 sales reached $90.7 million.Roots Corporation has posted sales of $50.8 million in Q2 FY25, up 6.3 per cent, with DTC sales rising 12.7 per cent on strong 17.8 per cent comparable growth.
The gross margin improved to 60.7 per cent, while net loss narrowed to $4.4 million.
Adjusted EBITDA loss reduced, free cash flow improved, and net debt fell.
Inventory rose to support seasonal demand. H1 sales reached $90.7 million.