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Stocks in play: Roots Canada

Baystreet.ca

Announced its financial results for its third quarter ended November 2, 2019. Total sales of $86.4 million, compared to $87.0 million in the third quarter of fiscal 2019. Direct-to-Consumer sales of $73.9 million, up 4.6% from $70.7 million in Q3 2018. Selling, general and administrative expenses of $40.7 million, compared to $42.5 million in Q3 2018. Adjusted EBITDA of $10.6 million, up 3.5% from $10.2 million in Q3 2018. Basic Earnings per Share of $0.05, compared to $0.07 per share in Q3 2018, and Adjusted Net Income per Share of $0.10, compared to $0.11 per share in Q3 2018. Roots Canada shares T.ROOT are trading down $0.03 at $2.05.

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