Investing.com - Roots reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Roots announced earnings per share of C$-0.08 on revenue of C$47.8M. Analysts polled by Investing.com anticipated EPS of C$-0.0475 on revenue of C$45.49M.
Roots shares are down 4.39% from the beginning of the year and are trading at C$3.050 , down-from-52-week-high.
Roots shares lost 3.17% in intra-day trade the report.
Roots follows other major Consumer Discretionary sector earnings this month
Roots's report follows an earnings beat by Dollarama on Friday, who reported EPS of C$0.66 on revenue of C$1.22B, compared to forecasts EPS of C$0.642 on revenue of C$1.19B.
Abc Technologies Holdings had beat expectations on Friday, September 2, 2022 with first quarter EPS of C$0.06 on revenue of C$319.2M, compared to forecast for EPS of C$0.0417 on revenue of C$311.18M.
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