10% holder buying at Roots (ROOT)

10% holder buying at Roots (T:ROOT)

Edward Hume Kernaghan, a 10% Holder, acquired 43,900 Common Shares on an indirect ownership basis for registered holder KERNWOOD LTD at prices ranging from $2.300 to $2.350 between February 5th, 2024 and February 8th, 2024. This represents a $103,127 investment into the company's shares and an account share holdings change of 0.8%.

Roots is in the Apparel & Accessories Retailers Sub Industry Group under the Consumer Cyclicals Sector.

Roots Corporation is a global lifestyle brand company. The Company designs, markets, and sells a range of selection of products in different departments, including women's men's, children's, and gender-free apparel, leather goods, footwear, and accessories. It operates through two segments: Direct-to-Consumer and Partners and Other. The Direct-to-Consumer segment comprises of sales through corporate retail stores and the Company's e-commerce Website www.roots.com. The Partners and Other segment consist primarily of the wholesale of Roots-branded products to its international operating partner. The Partners and Other segment also include the Company's sales from its Roots-branded storefront on business-to-consumer marketplace Website Tmall.com in China, the wholesale of Roots-branded products to select retail partners, and the sale of custom Roots-branded products to select business clients. It operates over 100 corporate retail stores in Canada and two stores in the United States. Roots Corporation (ROOT) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to recent regulatory filings, one insider has invested a total amount of $103,127.