Roots Q2 Adj. EPS $(0.08) Beats $(0.17) Estimate, Sales $49.544M Down From $50.769M YoY

Roots (TSX:ROOT) reported quarterly losses of $(0.08) per share which beat the analyst consensus estimate of $(0.17) by 52.94 percent. This is a 27.27 percent increase over losses of $(0.11) per share from the same period last year. The company reported $49.544 million in sales this quarter. This is a 2.41 percent decrease over sales of $50.769 million the same period last year.