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Canada’s Roots’ Q1 FY25 sales climb 6.7%, net loss narrows to $5.85 mn
Roots has reported Q1 FY25 sales of Ca$40 million (~$29.6 million), up 6.7 per cent YoY, with DTC sales rising 10.2 per cent to Ca$34.6 million (~$25.6 million). The gross margin improved to 61.5 per cent, net loss narrowed to Ca$7.9 million (~$5.85 million) and inventory rose 14.5 per cent. Executives cited strong brand momentum, and AI-led operational improvements driving continued growth.
Roots has reported Q1 FY25 sales of Ca$40 million (~$29.6 million), up 6.7 per cent YoY, with DTC sales rising 10.2 per cent to Ca$34.6 million (~$25.6 million).
The gross margin improved to 61.5 per cent, net loss narrowed to Ca$7.9 million (~$5.85 million) and inventory rose 14.5 per cent.
Executives cited strong brand momentum, and AI-led operational improvements driving continued growth.
