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Roots Roots Reports Fiscal 2021 Second Quarter Results Company increased sales , expanded gross margins , and improved profitability TORONTO , September 10 , 2021 – Roots ( " Roots , " " Roots Canada " or the " Company " ) ( TSX : ROOT ) , a premium outdoor - lifestyle brand , today announced its financial results for its second quarter ended July 31 , 2021 ( " Q2 2021 " ) . All financial results are reported in Canadian dollars unless otherwise stated . Certain metrics , including those expressed on an adjusted basis , are non - IFRS measures . See " Non - IFRS Measures and Industry Metrics " . In Q2 2021 , Roots delivered year - over - year sales growth , gross margin expansion and improved profitability , despite ongoing temporary store closures as a result of COVID - 19 . Most notably , in Ontario , which represents the Company's largest market , corporate - operated stores were closed for approximately 60 % of the quarter , compared to approximately 45 % of the second quarter ended August 1 , 2020 ( " Q2 2020 " ) . Fiscal 2021 Second Quarter Financial Highlights Total sales of $ 38.9 million , up from $ 38.2 million in Q2 2020 . Direct - to - Consumer ( " DTC " ) sales of $ 30.4 million , up from $ 28.5 million in Q2 2020 . Gross margin of 58.1 % , up 340 basis points from 54.7 % in Q2 2020 . DTC Gross Margin of 63.4 % , up 120 basis points from 62.2 % in Q2 2020 . • Selling , general and administrative expenses of $ 21.8 million , compared to $ 21.4 million in Q2 2020 . • Adjusted EBITDA of $ 2.9 million increased from $ 1.1 million in Q2 2020 . ● ● Net loss per share of ( $ 0.03 ) improved from ( $ 0.04 ) per share in Q2 2020 . • Adjusted Net Loss per Share of ( $ 0.01 ) improved from ( $ 0.04 ) per share in Q2 2020 . Fiscal 2021 Second Quarter Business Highlights Achieved healthy year - over - year store sales growth , reinforcing customers ' desire to shop in store and the Company's strong market position . • Delivered significant eCommerce sales growth over pre - pandemic levels , despite year - over - year sales moderating as customers increasingly embraced in - store shopping again . • Opened five new pop - ups , bringing the total to 11 altogether . • Amplified the brand with exciting new collaborations , including Tim Hortons and Jason Logan + The Toronto Ink Company . • Furthered the Company's commitment to supporting the communities in which it operates , donating a portion of sales from the Company's made - in - Canada masks and select collaboration collection items to LGBT Youthline , and donating 13,000 reusable masks to First Nations in Manitoba and Ontario in partnership with Save the Children's National Reconciliation Program . " Our profitable growth in the quarter continues to highlight the desirability of our brand , loyal customer base , and strong fundamentals , " said Meghan Roach , President and Chief Executive Officer , Roots . " We saw a significant year - over - year improvement in sales in Ontario , our largest market , once - 1