Frankfurt - Delayed Quote • EUR DAVIDsTEA Inc. (DAT.F) Follow Compare 0.2300 -0.0040 (-1.71%) At close: December 23 at 3:29:01 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations DAVIDsTEA Reports Improved Financial Results for Third Quarter of Fiscal 2024 Strong sales momentum combined with improved financial performance and operational efficiencies Sales of $14.0 million, an increase of 15.6% over the prior yearGross profit margin of 51.5%, significantly better compared to 37.9% in prior yearNet loss of $1.6 million, an improvement from a loss of $3.7 million in prior yearAdjusted EBITDA1 of $0.8 million versus negative $2.5 million in prior yearTwo flagship store openings in Montreal: Royalmount and Eaton Centre MONTREAL, Dec. 17, 2024 (GLOBE N DAVIDsTEA Reports Financial Results for Second Quarter of Fiscal 2024 Sales of $11.1 million, an increase of 12.8% over the prior yearGross profit margin of 47.3%, significantly better compared to 36.9% in prior yearSG&A expenses of $6.7 million, down 15.2% versus prior yearNet loss of $1.5 million, improved from loss of $4.3 million in prior yearAdjusted EBITDA1 of negative $0.3 million versus negative $2.6 million in prior yearNew store opened September 5th in Montreal’s Royalmount MallAdditional store opening in the Montreal Eaton Centre expected in early Novem DAVIDsTEA Reports Financial Results for First Quarter of Fiscal 2024 Sales of $13.4 millionNet loss of $2.6 millionAdjusted EBITDA1 of negative $0.8 millionLaunches cold brew ready-to-drink sparkling iced tea collection MONTREAL, June 18, 2024 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its first quarter results for the period ended May 4, 2024. “Despite tough economic conditions reducing overall demand, we are committed to turning our business around,” said Sarah DAVIDsTEA Enters Ready-to-Drink Market with Cold Brew Iced Tea MONTRÉAL, June 13, 2024 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSXV:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today the launch of its all-new, ready-to-drink (RTD) cold brew sparkling iced tea beverages, now available in three unique flavours at all DAVIDsTEA flagship stores across Canada and online at davidstea.com. DAVIDsTEA’s new RTD line delivers big fizz with even bigger flavour. DAVIDsTEA’s new cold brew sparkling iced tea beverages brings the un DAVIDsTEA Reaches Goal of 2 Million Free Cups of Tea with Free Tea for Nurses The Company celebrates National Nurses Day through ongoing support and donations in support of healthcare workers in communities across CanadaMONTRÉAL, May 06, 2024 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSXV:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, is pleased to honour National Nurses Day by announcing their successful donation of over two million cups of tea to frontline heroes since the start of the pandemic. In celebration, nurses can stop by any of DAVIDsT DAVIDsTEA Reports Fourth Quarter and Full Year Fiscal 2023 Financial Results Fiscal 2023 Sales of $60.6 millionNet loss of $13.8 millionAdjusted EBITDA of negative $5.4 millionCash position of $12.6 millionCompany enters into non-binding term sheet for revolving line of credit of up to $12.0 million Q4 Fiscal 2023 Sales of $24.4 millionNet loss of $3.9 millionAdjusted EBITDA of $0.5 million MONTREAL, May 02, 2024 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its fourth quart DAVIDsTEA Deepens Sustainability Commitment and Introduces New Compostable Packaging The brand’s Garden to Cup tea collection is re-imagined with earth in mind featuring new compostable loose leaf tea packaging MONTREAL, April 22, 2024 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSXV:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, is proud to announce the launch of its compostable loose leaf packaging for its Garden to Cup tea collection. Building on its current global offering of 100% recyclable printed tea packaging and plastic-free sachet offering, the DAVIDsTEA Launches “Tea-2-Go” at over 1,500 Couche-Tard/Circle K Stores Across Canada Secures exclusive supplier agreement with global retailer of fuel and convenience goodsMONTREAL, March 19, 2024 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today it has secured an exclusive supplier agreement with Alimentation Couche-Tard Inc. (Alimentation Couche-Tard) (TSX:ATD) (“Couche-Tard”) to offer a premium “Tea-2-Go” in-store experience at over 1,500 convenience stores across Canada. DAVIDsTEA’s Performance Overview Trailing total returns as of 12/24/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return DAT.F S&P 500 YTD -49.34% +26.63% 1-Year -40.10% +27.03% 3-Year -92.53% +27.81%