Canadian IPOs

Company Name : Roots Corporation
 Company Profile
Filing Date : 9/13/2017
Offering : $200,000,000
Price : TBD
Closing Date : TBD
Exchange : TSX
Eligibility : British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Yukon, Northwest Territories, Nunavut

Underwriters :
TD Securities Inc., Credit Suisse Securities (Canada), Inc., BMO Nesbitt Burns Inc., Jefferies Securities, Inc., RBC Dominion Securities Inc., Scotia Capital Inc., CIBC World Markets Inc., Canaccord Genuity Corp., National Bank Financial Inc.
Associations :
Issuer's Law Firm : Torys LLP
Law Firm :
Osler, Hoskin & Harcourt LLP
Auditor : KPMG LLP
Transfer Agent : Computershare Investor Services Inc.

Business Description :
Established in 1973, Roots is a Canadian lifestyle retailer. Its product line is comprised of premium apparel, leather, accessories and footwear for men, women and children. Its products are worn by a broad cross-section of global consumers, including young professionals, students, families, athletes and entertainment icons. Roots delivers products to its customers through its store network, online platform and international partnerships. As of July 29, 2017, the Company's integrated omni-channel footprint included 116 corporate retail stores in Canada, 4 corporate retail stores in the United States, 109 partner-operated stores in Taiwan, 27 partneroperated stores in China and a global e-commerce platform that shipped to 54 countries during its most recently completed fiscal year.
Industry Category :Merchandising - Clothing Stores
Company Financials :
Fiscal Year-End :January 31
Financials :Revenue for fiscal year 2016 - $281,886,000
Net income for fiscal year 2016 - $8,185,000

Revenue for the 26 weeks ended July 29, 2017 - $106,346,000
Net loss for the 26 weeks ended July 29, 2017 - $(8,339,000)

Revenue for the 26 weeks ended July 29, 2016 - $91,330,000
Net loss for the 26 weeks ended July 29, 2016 - $(14,912,000)

Disclaimer: A preliminary prospectus, and any amendments thereto, relating to these securities has been filed with securities commissions in certain provinces, but has not yet become final for the purpose of distribution to the public. This web page shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale or any acceptance of an offer to buy these securities prior to the time a receipt for the final prospectus or other authorization is obtained from the securities commission.

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