07:39 AM EDT, 04/09/2025 (MT Newswires) -- Roots (ROOT.TO) on Wednesday reported higher fourth-quarter adjusted profit and sales that beat estimates.

The company, which manufactures clothing and accessories, said adjusted net income rose 9.6% to $16 million, or $0.40 per adjusted share, from $14.6 million, or $0.36 per share, in the prior year period. The result beat the consensus analyst estimate of $0.39, according to FactSet.

Sales increased 2.4% to $111 million, also beating the $107.1 million forecast. Roots reported a 3.6% increase in direct-to-consumer sales, while the partners-and-other sales segment fell 9.6%.

"Our strong performance reflects the impressive execution by the team across our strategic initiatives. Customers responded well to our holiday products, our enhanced brand engagement, and our improved omnichannel customer experience," said Meghan Roach, chief executive officer.

Separately, Roots said it will buy back up to 1.35 million shares over the coming year, beginning on April 11.