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Roots Corp. reported a narrower second-quarter loss of $4.4M, with sales up to $50.8M.
Roots Corp., a clothing retailer, reported a $4.4 million net loss for the second quarter, an improvement from the previous year's $5.2 million loss.
Despite the loss, sales rose to $50.8 million from $47.7 million, driven by a 12.7% increase in direct-to-consumer sales.
CEO Meghan Roach credited the growth to successful spring and summer collections and marketing campaigns that boosted customer engagement.
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Roots Corp. reportó una menor pérdida en el segundo trimestre de $4.4 millones, con ventas de hasta $50.8 millones.