Roots reports fourth-quarter profit down from year ago, sales edge higher GlobeBusiness
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Sales totalled $130.8-million, up from $130.0-million in the fourth quarter of its 2017 financial year, which included an extra week. Excluding the extra week, Roots says sales in the quarter were up 3.1 per cent.Analysts on average had expected a profit of 50 cents per share for the quarter on $129-million in revenue, according to Thomson Reuters Eikon.Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon.
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