Company
Roots Corporation
Headquarters: Toronto, ON, Canada
Founded: Toronto, Ontario, Canada 1973
Employees: 2,000
CEO: Ms. Meghan Roach
Market Cap
C$94.6 Million
CAD as of Jan. 1, 2024
US$71.4 Million
Roots Corporation Categories
Canada Consumer Discretionary Apparel RetailCanada Consumer Discretionary Canada Apparel Retail
Top Competitors by Market Capitalization
Industry: Apparel Retail
| Company | Market Cap (USD) |
|---|---|
| Inditex | $128.56 B |
| The TJX Companies, Inc. | $105.74 B |
| Fast Retailing Co. Ltd | $76.56 B |
| Lululemon Athletica Inc. | $62.85 B |
| Ross Stores, Inc. | $45.54 B |
Detailed Description
Roots Corporation, together with its subsidiaries, provides apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and e-commerce. The Partners and Other segment primarily engages in the wholesale of Roots branded products to the company's international operating partners. This segment is also involved in licensing Roots brand to manufacturing partners; and wholesaling Roots branded products to retail partners. As of January 30, 2021, it operated 111 corporate retail stores in Canada, two corporate retail stores in the United States, 117 partner-operated stores in Taiwan, 26 partner-operated stores in China, and two partner-operated stores in Hong Kong, as well as an eCommerce platform and partner-operated eCommerce channels in Taiwan and mainland China. W. Roots Corporation was founded in 1973 and is headquartered in Toronto, Canada.
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Stocks & Indices
Roots Corporation has the following listings and related stock indices.
Stock: TSX: ROOT wb_incandescent
Stock: FSX: 4RO wb_incandescent
Stock: OTC: RROTF wb_incandescent
Product & Services
Apparel, leather goods, active athletic wear, yoga wear, accessories, home furnishings
Key People
Founder(s): Michael Budman and Don Green
Meghan Roach Chief executive officer
Financials
Revenue: C$ 329.865 million (2019)
Operating income: -C$56.918 million (2019)
Net income: -C$62.029 million (2019)
Total assets: C$ 440. 774 million (2019)
Total equity: C$ 150.506 million (2019)