Roots Corporation (ROOT.TO)
Roots Corporation operates in the Apparel - Retail industry of the Consumer Cyclical sector, headquartered in Toronto, ON, CA. The stock last traded at $3.53, up 0.57% on the session, giving a market capitalisation of $138.4M. Its beta of 0.48 implies it has historically moved less than the broad market.
Roots Corporation, through its associated entities, specializes in the development, promotion, and retail of apparel, leather products, footwear, and various accessories. These offerings are available under the distinctive Roots brand, serving customers both domestically in Canada and worldwide. The company's business model is bifurcated into two primary divisions: Direct-To-Consumer and Partners and Other. The Direct-To-Consumer segment facilitates sales directly to customers via its own physical retail outlets and digital e-commerce channels. Conversely, the Partners and Other segment manages the wholesale supply of Roots-branded items to its international operational partners, licensed distributors, and other bulk purchasers. As of January 29, 2022, Roots Corporation oversaw 107 corporate-owned stores in Canada, two in the United States, and roughly 100 partner-operated locations throughout Asia, along with a dedicated e-commerce platform for Taiwan at www.roots.com.tw. Established in 1973, the company's corporate headquarters are situated in Toronto, Canada.
Roots Corporation is most often compared with the following Consumer Cyclical names: