Roots Corp Q3 2024 Earnings Call Transcript - Thomson StreetEvents

Roots Corp Q3 2024 Earnings Call Transcript

Roots Corp Q3 2024 Earnings Call Transcript - Thomson StreetEvents
Roots Corp Q3 2024 Earnings Call Transcript
Published Dec 11, 2024
8 pages (4553 words) — Published Dec 11, 2024
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Abstract:

Edited Transcript of ROOT.TO earnings conference call or presentation 11-Dec-24 1:00pm GMT

  
Brief Excerpt:

...Operator Good morning. My name is Elliot, and I will be your conference operator today. At this time, I would like to welcome everyone to the Roots' third-quarter earnings conference call for fiscal 2024. (Operator Instructions) On the call today, we have Meghan Roach, President and Chief Executive Officer; and Leon Wu, Chief Financial Officer. Before the conference call begins, the company would like to remind listeners that the call, including the Q&A portion, may include forward-looking statements concerning its current and future plans, expectations and intentions, results, level of activities, performance, goals or achievements or any other future events or developments. This information is based on management's reasonable assumptions and beliefs in light of information currently available to Roots, and listeners are cautioned not to place undue reliance on such information. Each forward-looking statement is subject to risks and uncertainties that could cause actual results to differ...

  
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: Andrew Lopez - TD Cowen - Analyst : Congrats on the strong quarter. I just want to start with the state of the consumer. Yes, I just want to start with the state of the consumer. What are you seeing to start in Q4 in general and from competitors, inclusive of any impact of the shortened holiday selling period? And relative to this, what is driving your outperformance both in terms of product and as a result of your digital marketing initiatives in place?

Question: Andrew Lopez - TD Cowen - Analyst : (multiple speakers) Go ahead, Leon.

Question: Andrew Lopez - TD Cowen - Analyst : Okay. Yeah, that answers my question. I guess I just want to maybe follow up in terms of promotional activity that you're maybe seeing in the market just in terms of any kind of pull forwards?

Question: Andrew Lopez - TD Cowen - Analyst : No, I mean, that makes sense. And it sounds like your seasonal offerings are more aligned and reducing that need for any kind of promotional activity. So just on that, how do you feel your inventory and product assortment compared to last year in Q4? And exiting the year, where do you expect to be on seasonal inventory?

Question: Andrew Lopez - TD Cowen - Analyst : Okay. And then last one for me is just -- sorry, if you could just provide a little bit more color on the store closures in the quarter? I wasn't sure I was understanding that.

Question: Andrew Lopez - TD Cowen - Analyst : Okay. I guess that would be excluded those store closures from the comps. Is that right or --?

Question: Andrew Lopez - TD Cowen - Analyst : Okay. Perfect. Okay, that's it for me. Thanks to you both, and congrats on the strong quarter, again. 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 11, 2024 / 1:00PM, ROOT.TO - Q3 2024 Roots Corp Earnings Call

Table Of Contents

Roots Corp Q3 2025 Earnings Call Transcript – 2025-12-10 – US$ 54.00 – Edited Transcript of ROOT.TO earnings conference call or presentation 10-Dec-25 1:00pm GMT

Roots Corp Q2 2025 Earnings Call Transcript – 2025-09-10 – US$ 54.00 – Edited Transcript of ROOT.TO earnings conference call or presentation 10-Sep-25 12:00pm GMT

Roots Corp Q1 2025 Earnings Call Transcript – 2025-06-13 – US$ 54.00 – Edited Transcript of ROOT.TO earnings conference call or presentation 13-Jun-25 12:00pm GMT

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 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 Q3 2023 Earnings Call Transcript – 2023-12-06 – US$ 54.00 – Edited Transcript of ROOT.TO earnings conference call or presentation 6-Dec-23 1:00pm 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

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Thomson StreetEvents. "Roots Corp Q3 2024 Earnings Call Transcript" Dec 11, 2024. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2024-Roots-Corp-Earnings-Call-T16204325>
  
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Thomson StreetEvents. (2024). Roots Corp Q3 2024 Earnings Call Transcript Dec 11, 2024. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2024-Roots-Corp-Earnings-Call-T16204325>
  
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