Roots Corp Q3 2023 Earnings Call Transcript - Thomson StreetEvents

Roots Corp Q3 2023 Earnings Call Transcript

Roots Corp Q3 2023 Earnings Call Transcript - Thomson StreetEvents
Roots Corp Q3 2023 Earnings Call Transcript
Published Dec 06, 2023
Published Dec 06, 2023
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About This Report

  
Abstract:

Edited Transcript of ROOT.TO earnings conference call or presentation 6-Dec-23 1:00pm GMT

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Roots Corp
Ticker
ROOT.TO
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Brian Morrison - TD Securities - Analyst : Thank you. Good morning.

Question: Brian Morrison - TD Securities - Analyst : It's Megan, I'm a little surprised to see the strength of the full price sell through in Q3. I think up some real positive here. And then I heard your comments on Black Friday and cautious outlook. What are you seeing from or expect from the consumer for the holidays as the requirement of earlier promo, the promo activity, the pull-forward sales and compete for share of wallet? Or do you expect the later holiday season with the tough macro backdrop, an extra shopping weekend?

Question: Brian Morrison - TD Securities - Analyst : Okay. And I guess on that note, what are you seeing from the competition. And I know that you had a material blowout sale in late October. Do you expect more one-offs or just intensity across the board?

Question: Brian Morrison - TD Securities - Analyst : Okay. I guess on your inventory, sounds like people really just want to exit the year. In general, it could have seen inventory, I guess you're in a pretty good position. I mean that's just core merchandise. You feel you can run even leaner with easing pressures in the supply chain? Or do you think that would run the risk of outages?

Question: Brian Morrison - TD Securities - Analyst : Okay. (multiple speakers) --

Question: Brian Morrison - TD Securities - Analyst : Okay. And then I guess that leads to my last question, really just on cash flow than looks like [gum], you're setting yourself up to have luggage back in that mid one times range by the end of the year. Where do you plan on your marketing as free cash flow? I know you've taken a break from the buyback, it sounds like your omnichannel is in good shape. Do you plan to just be cautious and preserve cash for the time being?

Question: Brian Morrison - TD Securities - Analyst : All right. Well, good luck and enjoy the holiday season in time. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. DECEMBER 06, 2023 / 1:00PM, ROOT.TO - Q3 2023 Roots Corp Earnings Call

Table Of Contents

Roots Corp Q4 2025 Earnings Call Transcript – 2025-04-09 – US$ 54.00 – Edited Transcript of ROOT.TO earnings conference call or presentation 9-Apr-25 12:00pm GMT

Roots Corp Q3 2024 Earnings Call Transcript – 2024-12-11 – US$ 54.00 – Edited Transcript of ROOT.TO earnings conference call or presentation 11-Dec-24 1:00pm GMT

Roots Corp Q2 2024 Earnings Call Transcript – 2024-09-13 – US$ 54.00 – Edited Transcript of ROOT.TO earnings conference call or presentation 13-Sep-24 12:00pm GMT

Roots Corp Q1 2024 Earnings Call Transcript – 2024-06-10 – US$ 54.00 – Edited Transcript of ROOT.TO earnings conference call or presentation 10-Jun-24 12:00pm GMT

Roots Corp Q4 2024 Earnings Call Transcript – 2024-04-10 – US$ 54.00 – Edited Transcript of ROOT.TO earnings conference call or presentation 10-Apr-24 12:00pm GMT

Roots Corp Q2 2023 Earnings Call Transcript – 2023-09-12 – US$ 54.00 – Edited Transcript of ROOT.TO earnings conference call or presentation 12-Sep-23 12:00pm GMT

Roots Corp Annual Shareholders Meeting Transcript – 2023-07-20 – US$ 54.00 – Edited Transcript of ROOT.TO shareholder or annual meeting 20-Jul-23 2:00pm GMT

Roots Corp Q1 2023 Earnings Call Transcript – 2023-06-08 – US$ 54.00 – Edited Transcript of ROOT.TO earnings conference call or presentation 8-Jun-23 12:00pm GMT

Roots Corp Q4 2023 Earnings Call Transcript – 2023-04-05 – US$ 54.00 – Edited Transcript of ROOT.TO earnings conference call or presentation 5-Apr-23 12:00pm GMT

Roots Corp Q3 2022 Earnings Call Transcript – 2022-12-09 – US$ 54.00 – Edited Transcript of ROOT.TO earnings conference call or presentation 9-Dec-22 1:00pm GMT

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Thomson StreetEvents. "Roots Corp Q3 2023 Earnings Call Transcript" Dec 06, 2023. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Roots-Corp-Earnings-Call-T15827397>
  
APA:
Thomson StreetEvents. (2023). Roots Corp Q3 2023 Earnings Call Transcript Dec 06, 2023. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Roots-Corp-Earnings-Call-T15827397>
  
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