The storefront of a Roots location in Toronto is pictured on September 14 The company said its second-quarter slae amounted to 23 cents per share for the week period ended Aug. On an adjusted basis, Roots says it article source 15 cents per share compared with an adjusted loss of six cents per share 0217 the same quarter last year.
Analysts on average had expected a loss of 11 cents per share, according to financial markets data firm Refinitiv. However, comparable sales fell 2. That was partially offset by better than expected e-commerce sales and benefits from store relocations and renovations. Wale executive Jim Gabel said the second-quarter clothing sale loss 2017 fell below the company's clothing sale loss 2017 but the current quarter looks better.
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