Roots (RROTF) Expected to Announce Earnings on Thursday

Roots (OTCMKTS:RROTF) is expected to be announcing its results before the market opens on Thursday, April 2nd. Analysts expect the company to announce earnings of $0.3009 per share and revenue of $94.6720 million for the quarter.

Roots Trading Up 32.0%

Shares of Roots stock opened at $2.64 on Thursday. The firm has a fifty day moving average of $2.24 and a two-hundred day moving average of $2.29. Roots has a 52 week low of $1.61 and a 52 week high of $2.64.

Roots Company Profile

Roots Corporation is a Canadian apparel and lifestyle brand known for its premium casual wear, leather goods and accessories. Founded in 1973 by Michael Budman and Don Green, the company built its reputation on high-quality craftsmanship and understated design. Over time, Roots has expanded its product offerings to include clothing for men, women and youth, as well as footwear, leather handbags, travel bags and small leather accessories such as wallets and belts.

Operating a vertically integrated model, Roots oversees design, sourcing, manufacturing and distribution to maintain control over quality and costs.